Fiat Chrysler and PSA Group are looking into possibilities to boost their cash reserves before the planned merger deal, after car sales of both carmakers were hit by the coronavirus pandemic.
Boeing is planning to suspend its 787 jet production at the South Carolina plant due to the coronavirus outbreak, the planemaker said.
The private-equity companies Sixth Street Partners and Silver Lake are set to make a $1.0B investment in Airbnb, the US home rental firm, through a combination of equity and debt.
Apple's key supplier Foxconn said its sales fell by 7.7% in March, reporting the revenues of T$347.7B dollar ($11.51B), tumbling from T$376.6B from the same month last year.
International Business Machines has hired Howard Boville, the former Chief Technology Officer of Bank of America as a new head of IBM's cloud business, succeeding Arvind Krishna, who will replace Ginni Rometty.
On Monday, US stocks rose higher with all the major indexes surging by at least 7% amid a drop in the New York daily death toll, the largest coronavirus hot spot in the United States.
Apple's key supplier Foxconn said its sales fell by 7.7% in March, reporting the revenues of T$347.7B dollar ($11.51B), tumbling from T$376.6B from the same month last year.
Halliburton, the oilfield services company, is slashing about 350 jobs in Oklahoma, as oil bust deepens due to the coronavirus spread and Russia-Saudi Arabia's price war.
Cemex, the Mexican cement company, will shut its operations until April 30, with a possible extension of this period, due to the global coronavirus outbreak, the firm announced on Monday.
The US insurer Allstate is planning to return over $600M in car insurance premiums to their customers as the majority of Americans is staying home due to the coronavirus outbreak.
International Business Machines has hired Howard Boville, the former Chief Technology Officer of Bank of America as a new head of IBM's cloud business, succeeding Arvind Krishna, who will replace Ginni Rometty.
On Monday, Zoom shares plunged as much as 9% amid video conferencing app's battle over privacy concerns and rising competition from its rivals.
Britain is committed to continuing talks with the EU bloc on their relationship in the future, Prime Minister Boris Johnson's spokesman said on Monday.
The UK drugmaker GlaxoSmithKline is planning to make a $250M investment in Vir Biotechnology and cooperate over the development of treatments for the COVID-19 disease, both companies stated on Monday.
Norwegian Air's passenger capacity plunged by 60% year-over-year last month as the airline was forced to ground its planes due to the coronavirus outbreak and efforts to stop spreading the virus.
During Monday's European trading hours, global stock indices surged, as the growth of coronavirus cases slowed down.
Rolls-Royce, the British aero-engine maker, announced it was withdrawing its 2020 targets and the final dividend, seeking to boost its finances as carriers ground planes across the world amid the coronavirus crisis.
Britain's new car registrations are likely to plunge over 40% in March due to the coronavirus crisis prompting potential buyers to stay at home, hitting demand, the BBC reported on Monday.
Boeing Co is planning to prolong its production operations' suspension at the Washington state plants until further notice due to the coronavirus outbreak.
According to an opinion poll published on Sunday the Folha de S.Paulo newspaper, most Brazilians said that they would oppose the potential resignation of Brazil's President Jair Bolsonaro.
The Indian government has banned the exports of diagnostic testing materials, as the total number of confirmed COVID-19 cases in the South Asian country surged to 7,000 on Sunday.
Israel's unemployment rate increased from 4% to 25% since early March due to the coronavirus pandemic, the Israel Employment Service reported.
Three of the world's largest gold refineries stated that they are set to partially reopen after being closed for two weeks that disrupted global gold supply.
The Saudi Arabian non-oil private sector's PMI declined to 42.4 in March at the fastest rate, as measures to contain the coronavirus hit businesses.