UK luxury brand Mulberry revealed on Monday that it would cut its workforce by nearly 25%.
On Monday, Tesla announced that in May the company tripled Model 3 car sales in China compared to April.
On Monday, shares in UK's AstraZeneca were down 2.1% after a report that the firm had approached its US rival Gilead Sciences about a potential merger with the intention to form the world's biggest drug company.
Japan service sector sentiment surged 7.6 points in May, although the coronavirus crisis continues to impact firms' business confidence, according to a Cabinet Office survey.
Ericsson's Q2 results are set to take a nearly $108.8M hit due to asset write-downs in China's market, the company announced on Monday.
China's Didi Chuxing reported its ride-sharing orders are recovering tis month to the last year's lever, CEO Cheng Wei cpnfirmed.
According to the Bloomberg News report, AstraZeneca has approached Gilead Sciences about a possible merger agreement.
Etihad and Emirates Airlines are extending their 50% salary cuts for staffs until September in a bid to preserve cash during the COVID-19 crisis.
On Sunday, the Russian state-owned oil company Rosneft said that it planned to maintain the dividend policy, despite the state holding company lowering its direct stake to 40.4%.
On Sunday, the Australian Deputy Prime Minister and Transport Minister Michael McCormack said that the government would continue to support airlines for domestic flights until September.
The French government announced on Sunday that it would invest one billion Euros in an aerospace fund.
On Sunday, Reliance announced that the Abu Dhabi Investment Authority has invested $752 million in its digital unit.
British Airways, easyJet and Ryanair announced on Sunday that the current UK government quarantine plan is unjustified and disproportionate.
On Sunday, Bloomberg News revealed that AstraZeneca contacted Gilead about a possible merger.
Malaysian government announced on Sunday that it would reopen almost all economic activity and interstate travel.
On Sunday, the European Central Bank Governing Council member Robert Holzmann stated that the ECB could consider buying company shares.
Rosneft announced on Sunday that despite recent developments in the global markets, the company would keep its dividend pay-outs unchanged.
On Sunday, it was revealed by Jaguar Land Rover that the company loaned $705 million from Chinese banks.
Russia, OPEC and their allies agreed on extension of the oil output cuts until the July-end, prolonging their deal that drove crude prices twice as high as in the last two months, following a global supplies withdrawal of nearly 10% from the market.
Alexis Ohanian, the Reddit co-founder, has resigned from the company's board earlier this week, seeking to be succeeded by a black candidate.
Emirates and Etihad Airways stated on Sunday that temporary salary cuts would be extended until September.
AstraZeneca has approached Gilead Sciences, its rival drugmaker, about a possible merger deal, according to a Bloomberg News report published on Sunday.
The heavyweight technology has driven Nasdaq to its all-time high in just eleven weeks after the slump, as investors see signs of the economic recovery after the coronavirus crisis.
Germany's Volkswagen is likely to implement further cost cuts, aiming to cope with the negative impact of the COVID-19 pandemic, the carmaker's spokesman stated on Saturday.