On Friday, Apple's supplier Sharp Corp has almost halved its full-year profit outlook by 48%, blaming weak demand for tech devices due to the coronavirus crisis.
On Friday, Siemens stated it eas expecting even bigger hit coming from the coronavirus crisis as it withdrew its full-year guidance and reported an 18% plunge in the Q2 industrial profit.
Macy's Inc, the department store chain, has postponed its Q1 earning results until July 1 due to business disruptions caused by the coronavirus crisis.
Amazon is planning to extend the shutdowns of its six warehouses located in France until May 13, after the company closed them on April 16 due to the COVID-19 outbreak.
Dropbox Inc's Q1 revenue and profit results topped Wall Street forecasts due to a rising number of paying customers during the lockdowns, sending the file-hosting company's shares up 4%.
The US carmaker Ford Motor announced its plans to resume operations and production in North America as soon as May 18, adding it would start bringing back employees whose work cannot be done remotely.
Airbus deliveries plunged as much as 80% to 14 planes in April from the same month last year, as the company's operations were hurt by the coronavirus pandemic, Airbus data showed.
Raphael Bostic, the Atlanta Federal Reserve Bank's President, stated he was expecting little sign of the economic resurgence, despite US states started to reopen.
The UK aero-engine maker Rolls-Royce said that it expects to slash some of workforce due to the slump in the global aerospace market.
The UK clothing retailer Next announced plans to open first standalone beauty shops by taking space in some former stores of Debenhams.
Italian retail sales fell 20.5% month-over-month in March, following a 0.9% increase in February, the ISTAT said.
Norway's central bank slashed the key interest rate to 0% from 0.25%, aiming to protect economy from the COVID-19 crisis.
Sales of Sweden's fashion retailer H&M decreased 57% from the prior year during the period from March 1 to May 6, as the company's stores remained closed.
Germany's industry output declined 9.2% in March, the fastest fall on record, as demand for goods decreased markedly.
Harley-Davidson Inc, the famous motorcycle maker, has appointed Jochen Zeitz as its Chief Executive Officer on Thursday, after Zeitz serving as the company's acting CEO and the president since February 2020.
On Thursday, Wall Street's major indexes have been set to jump after a surprise climb in China's exports and a rise in oil prices gave hope for an economic recovery.
On Thursday, Apple Inc announced it had awarded $10M to COPAN Diagnostics, the nasal swabs maker, aiming to boost COPAN's production of kits for collecting Covid-19 tests samples to 1M per week by the start of July.
On Thursday, PayPal Holdings Inc stated it was expecting a robust recovery in its Q2 payments volumes amid surging demand for online shopping, despite lockdowns started to ease, raising firm's shares 8% in the extended trading.
Global food prices fell sharply for the third month in succession in April, tumbled by the logistical and economic impact of the COVID-19 pandemic, according to the United Nations food agency's data.
On Thursday, the Bank of England stated that it is expecting the biggest UK economic decline experienced during the last 300 years.
Anheuser-Busch InBev, the biggest beer maker in the world, posted a decline in its Q1 profit as the coronavirus lockdowns curbed drinking, adding that the next quarter was expected "materially worse".
T-Mobile US reported it beat the estimates for its monthly bill paying subscribers in the Q1 on a surging demand for the cheaper phone services during the coronavirus lockdowns.
China's exports rose 3.5% on a yearly basis in April, confounding expectations for a fall, as factory production recovered after the coronavirus pandemic, while imports dropped 14.2%.
IHS Markit's final Composite PMI for the Euro zone plummeted to the lowest level on record 13.6 in April from March's 29.7, suggesting that business activity almost ground to a halt.