World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some of the world's hot spots, while a delay in talks between Saudi Arabia and Russia to cut supply sent oil prices tumbling again.
Britain is confident of developing antibody tests for immunity to the coronavirus and health officials are not discouraged by the ineffectiveness of early tests that have been assessed, England's Chief Medical Officer Chris Whitty said on Monday.
White House trade adviser Peter Navarro on Monday acknowledged that members of the task force dealing with the coronavirus crisis clashed over the efficacy of the malaria drug, hydroxychloroquine, for use against the disease.
The economic toll of the coronavirus pandemic hit home for Americans last month, as consumers braced for job losses, anticipated spending cuts and grew more pessimistic about their ability to cover their bills, according to data released by the Federal Reserve Bank of New York on Monday.
Britain needs to know how well its current lockdown measures are working in tackling the coronavirus outbreak before it can discuss what happens next, the government's deputy chief scientific adviser Angela McLean said on Monday.
Residents in Lombardy, the Italian region worst hit by the coronavirus, have been forced to scrounge scarce protective face masks or to improvise solutions of their own after authorities ordered anyone moving outside to cover their nose and mouth.
White House advisers have been discussing the possibility of a coronavirus-related U.S. Treasury bond, President Donald Trump's economic adviser Larry Kudlow said on Monday.
British Prime Minister Boris Johnson was undergoing hospital tests on Monday after suffering persistent coronavirus symptoms for more than 10 days, but the government said he was in good spirits and still in charge.
England's hospital death toll from the coronavirus rose by 403 to 4,897, the National Health Service said.
U.S. stocks opened higher on Monday, after President Donald Trump expressed hope that the coronavirus health crisis was "leveling-off" in some of the hardest-hit U.S. states.
India, like a lot of countries plunged into crisis by the pandemic, is struggling to ramp up testing for the coronavirus, but in few places would the odds of containing the disease appear so bleak should domestic transmission start to multiply.
Japan is to impose a state of emergency in Tokyo and six other prefectures as early as Tuesday to contain the coronavirus, while the government prepares a $990 billion stimulus package to soften the economic blow.
World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases, though a delay in talks between Saudi Arabia and Russia to cut supply sent oil tumbling again.
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.
Pope Francis marked a surreal Palm Sunday in an empty St. Peter's Basilica, urging people living through the coronavirus pandemic not to be so concerned with what they lack but how they can ease the suffering of others.
American Airlines Group Inc said late Sunday it would suspend more flights in and out of New York City's three main airports for about a month, joining other airlines that have cut flights to the area following a spike in coronavirus cases.
Japan will declare a state of emergency as early as Tuesday in a bid to stop the coronavirus, media reported, with the government preparing a stimulus package to soften the blow on an economy already struggling to avoid a recession.
As Germany rolls out a 750 billion-euro economic stimulus package, officials and experts are discussing whether German lenders, including Deutsche Bank AG and Commerzbank AG, will be able to weather the economic fallout of coronavirus without state help.
Stocks jumped on Monday as investors were encouraged by a slowdown in coronavirus-related deaths and new cases, while oil prices skidded after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive.
British Prime Minister Boris Johnson was in hospital in London for tests on Monday suffering persistent coronavirus symptoms 10 days after testing positive for the virus, but Downing Street said he remained in charge of the government.