U.S. insurer Allstate Corp said on Monday that it would return more than US$600 million in auto insurance premiums to customers as many Americans stay home and drive less due to "shelter-in-place" orders to curb the coronavirus outbreak.
Mexican cement company Cemex will suspend its operations in the country until at least April 30 in line with government guidelines aimed at stopping the spread of coronavirus, the firm said in a statement on Monday.
Sales at Taiwan's Hon Hai Precision Industry , a key supplier of Apple Inc's products known by its trade name Foxconn, were down by 7.7per cent in March.
Japan's Prime Minister Shinzo Abe plans to announce a state of emergency as soon as Tuesday in several parts of the country, including Tokyo, where coronavirus infections are spiking.
Mandatory coronavirus quarantines of seasonal foreign workers in Canada could hurt that country's fruit and vegetable output this year, and travel problems related to the pandemic could also leave U.S. farmers with fewer workers than usual.
The head of Britain's biggest telecoms firm BT said he would donate his salary to health workers for at least six months and award a pay rise to his frontline staff who are maintaining broadband networks during the coronavirus shutdown.
The United States had no knowledge of a shipment of face masks bound for Germany that officials in Berlin have accused it of diverting from an airport in Bangkok, a spokeswoman for the US embassy in Thailand said.
REUTERS: Software group Sage said on Monday revenue growth will be below its previous targets and suspended a 250-million pound share buyback, as it looks to shore up its liquidity during the coronavirus pandemic. It expects organic recurring revenue growth to be below the previously outlook ...
Belgium's Brussels Airlines, a Lufthansa subsidiary, has extended its suspension of flights until at least May 15, it said on Monday.
French tyre company Michelin said on Monday that its leading executives had agreed to take pay cuts as a gesture of solidarity to help deal with the negative effects of the hit to its business from the COVID-19 outbreak.
