Dunkin' Brands Group Inc on Thursday said it will ease royalty and advertising fee payments for franchisees in the United States and Canada, while McDonald's Corp is in talks to reduce some payments for franchisees.
The board of French carmaker Renault will meet on Friday to discuss the coronavirus outbreak and its effect on operations, three sources close to the company said.
Boeing Co is leaning toward a temporary work stoppage at its twin-aisle jetliner factories due to the spread of coronavirus, people familiar with the matter said on Thursday, echoing a similar move by European rival Airbus SE .
China's aviation regulator has asked airlines to cut international flights and ordered some Beijing ones to be rerouted, as the country grapples with a rising number of imported coronavirus cases, especially in the capital.
The bank said it will deal with giving relief in each situation on a 'case-by-case' basis.
Walt Disney Co , JPMorgan Chase & Co and United Parcel Service Inc were among seven major U.S. companies that accepted a big rise in their borrowing costs to issue bonds on Thursday, as the coronavirus outbreak roiled credit markets.
Asian shares sought a reprieve on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though a panicked rush into U.S. dollars suggested the crisis was far from done.
Latin America's major airlines sharply curtailed international flights on Thursday because of the coronavirus outbreak as Panama and Colombia imposed month-long travel bans and the largest carrier cut the salaries of 43,000 employees.
Luxury automaker Jaguar Land Rover said late on Thursday it would temporarily suspend production at its UK manufacturing facilities from next week to curb the coronavirus' spread.
Confirmed coronavirus cases in Brazil surged past 600 on Thursday, more than doubling in two days, as a diplomatic spat over the disease's origins between President Jair Bolsonaro's son and the Chinese ambassador threatened relations with Brazil's top trading partner.
From Brazil to Norway, policymakers are leaping to defend currencies against the onslaught of the dollar which scaled three-year peaks on Thursday, raising speculation that a joint move by the world's biggest central banks may be in the offing.
Bentley will stop car production at its British factory from the end of Friday for four weeks over the coronavirus outbreak, one of the final automakers in Britain to announce such plans.
Asian shares staged a rare rally on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though the panicked rush into U.S. dollars suggested the crisis was far from done.
U.S crude oil prices edged higher on Friday, extending gains after a 24% jump the previous day, buoyed by hints from U.S. President Donald Trump he may intervene in the price war between Saudi Arabia and Russia at an "appropriate time."
Big-box retailer Walmart Inc said on Thursday it would hire more than 150,000 hourly workers in the United States, citing a jump in shoppers due to the coronavirus pandemic.