Reuters

EasyJet said on Monday it has requested to fully draw down its $500 million credit facility, secured against aircraft assets, and will continue to explore funding options due to a possibly prolonged grounding of its jets following the coronavirus outbreak.

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.

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.

Norwegian Air's passenger volume fell by 60% year-on-year in March as it grounded planes amid efforts to halt the spread of the new coronavirus, and will book a hedging loss of $102 million as the cost of fuel has plunged.

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 COVID-19 shutdown.

SeaWorld Entertainment Inc said on Monday Sergio Rivera, the theme park operator's chief executive officer for just five months, has resigned due to disagreements with the board.

HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against its decision to scrap dividend payments.

JPMorgan Chase & Co could consider suspending dividend for 2020 due to the ongoing coronavirus crisis, Chief Executive Officer Jamie Dimon said on Monday, even as the bank rolled out relief measures for customers and small businesses.

Kenya's leading telecom firm Safaricom and South Africa's Vodacom said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from Britain's Vodafone .

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.

A South Korean contract manufacturer for Kia Motors' compact vehicles has suspended production, a company official said on Monday, citing a drop in overseas demand as the coronavirus outbreak has spread across Europe.

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Monday the bank would extend benefits to customers who have been hurt by the ongoing coronavirus crisis by introducing measures such as waivers for late fees and a 90-day grace period for mortgage and auto loan payments.

Stelios Haji-Ioannou, easyJet's founder and biggest shareholder, on Monday intensified his battle with the airline's management over a huge aircraft order with Airbus which he says it should cancel.

U.S. stock index futures jumped about 4% on Monday after President Donald Trump expressed hope that the coronavirus health crisis in the United States was "leveling-off" in some of the country's hardest-hit areas.

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.

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.

Britain's BT on Monday committed to no job losses related to the coronavirus crisis for the foreseeable future.

HSBC shareholders in Hong Kong are considering calling for an extraordinary meeting with management and taking possible legal action against the bank's decision to scrap dividend payments.

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.