Kristalina Georgieva, the IMF Managing Director, has created a new advisory panel to provide information on monetary policy challenges on the coronavirus crisis.
Russia, Saudi Arabia and others in the OPEC+ group would pressure Mexico to join the crude oil supply cuts and will also press the United States to get involved.
On Friday, Ireland's Minister of Finance Paschal Donohoe said that he thinks the United Kingdom would not be changing the timeline they have concerning Brexit.
On Friday, the Austrian Finance Minister Gernot Bluemel said that the coronavirus recovery fund should not be used as a backdoor to coronabonds.
Fatih Birol, the Executive Director of the International Energy Agency, said in a statement on Friday that he hoped the meeting of G20 Energy Ministers would help restore stability to crude oil markets.
According to sources with knowledge of the matter, KKR's Envision Healthcare Corp has hired a bank to explore ways on debt restructuring.
On Friday, the French Finance Minister Bruno Le Maire said that the coronavirus rescue fund would be financed by a jointly issued debt.
The European Union Finance Ministers agreed on Thursday night to half a trillion Euros worth of new measures to fight the impact of the COVID-19 pandemic of the economy.
On Thursday, Democratic US Presidential candidate and the former Vice President Joe Biden proposed expanding Medicare access and forgiving student loan for lower-income Americans.
Ireland is set to ease the coronavirus lockdown restrictions step by step, the country's senior health official announced on Friday.
Tesla reported its China car sales hit record high of 10,160 vehicles in March, which is around 30% of its battery electric cars sold in the country.
Airbus decided to shelve its plans to build a new A321 airliner assembly line in France, as the planemaker is struggling with negative impact caused by the coronavirus crisis.
Fiat Chrysler and PSA Group are accelerating their work to close the merger deal in spite of the coronavirus crisis, Carlos Tavares, PSA's CEO, stated.
Boeing is considering a potential 10% cut to its workforce, including buyouts, involuntary layoffs and early retirements, according to the Wall Street Journal report.
Reuters published on Thursday a compilation of analyst opinions, which revealed that, despite oil production cuts, crude oil prices are unlikely going to surge.
On Thursday, OPEC and Russian sources revealed to news agencies that Russia and Saudi Arabia are close to reaching a 20 million barrel per day production cut.
It was revealed on Thursday by Fiat Chrysler that the company has made a deal with employee unions on coronavirus measures in Italy.
On Thursday, Reuters revealed that OPEC+ countries were working on a two-year crude oil production cut.
The government of France announced on Thursday that it would double its crisis stimulus package to 100 billion Euros.
On Thursday, for a second week in a row weekly US unemployment claims topped six million.
During Thursday's US trading session, crude oil price benchmarks surged, as market participants expected an OPEC production cut.
Tesla Inc sold 10.1K vehicles in China last month, the company's highest ever monthly sales in the country, the CPCA stated.
Germany's online retailer Zalando is cutting €350M of costs, aiming to get through the coronavirus crisis without layoffs.
China's video site Bilibili is expected to get $400M investment from SCA, Sony Corp America, as both companies seek to further collaborate in entertainment.