McDonald's Corp is planning to temporarily trim its US menu during the coronavirus outbreak, with the fast-food giant's intention to simplify operations amid the fast-spreading pandemic.
Chemical giant INEOS announced that it will set up a hand sanitiser factory in northeast England in 10 days to make 1M bottles a month to help with a shortage in Europe.
Volkswagen is set to put around 80K employees on reduced working time due to the coronavirus epidemic fallout, and also support its German dealership network with extra liquidity.
Facebook Inc stated that the coronavirus outbreak undercut advertising sales accounting for almost all of the company's revenue, even while more users spent time on the platform.
Nike beat expectations for quarterly revenue owing to strong digital demand offsetting Chinese sales decline on virus shutdowns.
Volkswagen stated to the Frankfurter Allgemeine Zeitung on Wednesday that the company expects to resume car production in the summer.
On Wednesday, 32 US state governments sent a message to country's online trading platforms to increase efforts to stop ongoing price gouging.
Walmart-baked firm Flipkart is set to resume the e-commerce sales and other services for its essential products, following assurances received by the government on the hassle-free supply chain and safety of the firm's delivery staff.
On Wednesday, Spotify Technology has launched a music relief project "COVID-19" to raise extra funds for artists as the coronavirus crisis triggers a life lockdown in most countries and affects the global economy.
Social media company Facebook and streaming service Netflix announced they would cut data traffic, aiming to ease the congested telecoms networks in India, as millions of people are working remotely at their homes amid coronavirus outbreak.
Detroit's Big Three carmakers, Ford Motors, General Motors and Fiat Chrysler Automobiles, are planning to extend the current vehicle production shutdown in the United States into April due to the coronavirus crisis.
On Wednesday, EU antitrust regulators have launched a full-scale probe into the Johnson & Johnson's acquisition of TachoSil, the Takeda Pharmaceutical-owned surgical patch product, as the deal may potentially hurt innovation and competition.
Social media company Facebook and treaming service Netflix announced they would cut the data traffic, seeking to ease the congested telecoms networks in India.
Apple Inc is expecting to start reopening some retail stores in April's first half, not specifying the countries or particular stores, according to an internal memo.
Tesla has hired the German biggest energy group E.ON to design energy solutions for the carmaker's planned Gigafactory close to Germany's city of Berlin, E.ON's CEO Johannes Teyssen said.
On Wednesday, crude oil price benchmarks declined, as the decline in demand outweighed the gains from expected US budget stimulus.
On Wednesday, Qantas Airways has secured $627.8M against the aircraft flee, seeking to help it wait out the coronavirus oubreak, sending its shares jumping.
Boeing Co is planning to restart its production of the 737 MAX jets by May, terminating a months-long delay caused by a safety ban imposed on its best-seller airplane after fatal crashes.
On Wednesday, the truckmaker AB Volvo stated it had made a decision to postpone the annual shareholders meeting amid uncertainty around the impact from the coronavirus outbreak.
According to sources with knowledge of the matter, the US automakers plan to continue the current shutdown of automobile production in the United States into April.
On Tuesday, the Spanish government spokeswoman Maria Jesus Montero said that the state would guarantee up to 80% of SME bank loans to help curb the economic impact of the coronavirus crisis.
Chevron Corp shares jumped by 21% on Tuesday after the company announced a spending cut of $4 billion, which was much deeper analysts than expected.
According to the Financial Times report on Tuesday, Facebook Inc is in negotiations with Reliance Industries to acquire a 10% stake in telecom unit.
S&P Dow Jones Indices revealed on Tuesday that company share buybacks are expected to decline in Q1 of 2020.