Ryanair expects to ground most if not all of its flights from March 24 except a very small number mostly between Britain and Ireland to maintain essential connectivity, the airline said on Wednesday.
Australia and Taiwan joined governments offering financial aid to airlines, while authorities in Europe rushed on Wednesday to agree steps to rescue carriers which have had to park planes and cut jobs as the coronavirus puts the brake on travel.
Danish toymaker Lego said on Wednesday it would close all of its stores, except for those in China, until at least March 27 due to the spread of coronavirus.
Nissan Motor Co said on Wednesday it would stop producing vehicles in Indonesia, consolidating its global production in the face of falling sales which have pummeled its profitability.
IKEA, the world's biggest furniture brand, is temporarily closing more stores as the coronavirus spreads, including all 50 in its second-biggest market the United States.
The Treasury is granting extra time to pay taxes owed from last year, but the reprieve doesn't apply to your tax return. You must file your return by April 15, said Steven Mnuchin, Treasury Secretary.
Several hundred Amazon workers in France protested at one of its sites on Wednesday, calling on the online retailer to cease operations or make it easier for employees loath to work during the coronavirus outbreak to stay away.
Among the measures being taken to stay safe during the coronavirus pandemic, Americans could finally be ready to embrace contactless payment methods, after years of reluctance.
Tesla Inc's U.S. vehicle factory in California on Wednesday appeared to operate normally despite an order by the county's sheriff's office to comply with a three-week lockdown in the San Francisco Bay Area to rein in the spread of coronavirus.
U.S. homebuilding fell less than expected in February as a plunge in the construction of multi-family housing units was blunted by a surge in single-family projects, suggesting some strength in the housing sector before the coronavirus pandemic severely disrupted economic activity.
The British government is paving the way for a multi-billion pound bailout of airlines by lifting a cap on level of financial support it can provide, the Times newspaper reported on Wednesday.
As shops shut their doors across Europe and the United States, in China the sharp drop in new coronavirus cases has encouraged consumers to venture back into malls and restaurants - for the most part quite gingerly but occasionally in throngs.
When Treasury Secretary Steven Mnuchin made the announcement about a cash infusion to Americans on Tuesday, universal basic income proponents felt validated. Now, the group of those calling for such a policy, if only in a temporary rendition, is quickly growing.
General Motors Co will furlough all its employees in Brazil starting on March 30, the company said in a statement to Reuters on Wednesday, suggesting that GM's production in South America's main car market would stop due to the coronavirus outbreak.
Wall Street's four-week slump deepened on Wednesday as investors priced in a complete breakdown in business activity and consumer spending from the coronavirus pandemic.