Major international creditors will relieve the world's poorest countries of debt payments this year to help them deal with the coronavirus pandemic, France announced on Tuesday.
Britain's biggest retailer Tesco expects to take a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic.
Deep oil output cuts by OPEC and other producing nations would not be enough to prevent a huge build in global crude inventories, the head of the International Energy Agency, Fatih Birol, said.
Italy's service sector shrank at the fastest rate in more than 22 years in March, a survey showed on Friday, as a lockdown imposed to try to contain the coronavirus pandemic shuttered most businesses.
Sanofi and Regeneron Pharmaceuticals have expanded a clinical trial of their rheumatoid arthritis drug Kevzara as a coronavirus treatment to patients outside the United States.
Britain's parliament is set to suspend sitting for at least four weeks from Wednesday as part of the government's efforts to slow the spread of coronavirus.
The German government will return to its savings policy once the coronavirus crisis is over, Economy Minister Peter Altmaier told ZDF broadcaster on Tuesday.
Airbus boosted its liquidity with a 15 billion euro ($16 billion) expanded credit facility on Monday while suspending its 2020 outlook in response to the coronavirus crisis that has grounded much of the global airlines fleet.
Canada and Australia said they would not be sending athletes to the Tokyo Olympics if the Games went ahead as scheduled this year as pressure on organizers to postpone because of the coronavirus pandemic reached fever pitch on Monday.
Laura Ashley said on Tuesday it intends to appoint administrators as the coronavirus outbreak has had an immediate and significant impact on the UK retailer's performance.
Russian President Vladimir Putin on Tuesday opened the door to constitutional changes that would allow him to remain in power until 2036 if he chose to do so.
Shares in Diasorin surged over 13% on Tuesday after the Italian diagnostic specialist said it had completed studies to support the launch of a new molecular test to quickly identify the new coronavirus.
Altria CEO Howard Willard will not receive an annual incentive award as result of the Marlboro maker's souring minority investment in e-cigarette company Juul Labs, a regulatory filing showed on Friday.