American shoppers stood in long lines outside grocery stores on Friday, waiting to buy essentials like toilet paper, pasta, and bottled water, as a worsening coronavirus crisis stoked fears of shortages across the United States.
Shares of Google parent Alphabet Inc closed up more than 9% after U.S. President Donald Trump said on Friday the search giant would create a website to help determine whether individuals need a coronavirus test or not.
Airlines are arguably the hardest hit industry due to the travel restrictions to slow down the spreading of the coronavirus.
Trump said people with federal student debt won't have to pay interest amid the coronavirus. That means borrowers could put their payments on pause without any penalty.
Bitcoin dropped below $4,000 Friday, knocking off half of its value over two days.
Montenegro barred public gatherings, closed schools for at least two weeks and adopted an array of other measures on Friday, including a ban on arrivals of ships at its Adriatic ports, in an effort to pre-empt the onset of the coronavirus outbreak.
As virus-wary shoppers stayed home in the United States and Europe, apparel retailers braced for a blow to sales and a potential inventory glut. Some slashed orders at garment factories while others began discounting merchandise.
Wall Street clawed back losses on Friday from its biggest declines in three decades, as investors bet on more fiscal stimulus to thwart a coronavirus-driven global recession.
Saudi Arabia detected on Friday new 24 cases of coronavirus, including 14 Egyptians, state news agency (SPA) said citing the health ministry.
Major sports events around the world that have been hit by the coronavirus outbreak:
The U.S. Federal Reserve is talking with lenders about potentially going easy on them if they deplete their liquidity reserves while trying to support customers hurt by coronavirus disruption, according to three people with knowledge of the discussions.
This month's dramatic selloff in financial markets is causing ructions in vital funding markets that keep money flowing between banks and companies and underpin anything from global trade to corporate cashflow.
Azerbaijan has banned wedding celebrations and other public events, the authorities said on Friday, a day after it recorded its first death from the coronavirus.
Poland will ban foreigners from entering the country from Sunday and impose a 14-day quarantine on its citizens returning home in a bid to curb the spread of coronavirus, Prime Minister Mateusz Morawiecki said on Friday.
United Airlines confirmed Friday it is in talks with U.S. government officials about possible financial assistance in the middle of a dramatic falloff in travel demand due to the coronavirus outbreak.