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Indian airline Vistara has negotiated a reduction and deferment of payments to some suppliers to conserve cash, the airline's CEO said in an internal memo, after the government extended India's lockdown to contain the coronavirus.

Texas oilman Mike Shellman has kept his MCA Petroleum Corp going for four decades, drilling wells through booms and busts and always selling his crude to U.S. oil refiners.

Amazon will close its warehouses in France until at least early next week after a court ordered it to limit deliveries to essential goods such as food and medical supplies.

Wall Street's main indexes slid 2% on Wednesday, as a record drop in retail sales and dour first-quarter earnings reports lent weight to forecasts for the biggest economic slump since the Great Depression.

International Monetary Fund Managing Director Kristalina Georgieva and World Bank David Malpass on Wednesday praised a new G20 debt relief agreement that suspends bilateral debt servbice payments by poor countries.

Abu Dhabi Commercial Bank said on Wednesday it had begun criminal proceedings in Abu Dhabi against an unspecified number of individuals in relation to hospital operator NMC Health , which was placed in administration last week.

UnitedHealth Group Inc on Wednesday reported a better-than-expected quarterly profit due to strength in the pharmacy benefit business and maintained its forecast for the year, sending the company's shares up nearly 3% before the bell.

UnitedHealth Group Inc Chief Executive David Wichmann said on Wednesday that a broad hold on elective procedures due to the new coronavirus pandemic has negatively impacted its Surgical Care Affiliates ambulatory surgery centers that provide outpatient joint, spine and cardiovascular procedures.

(This April 14 story corrects paragraph 4 to say company raised its dividend to 79.07 cents from 74.59 cents, not to 7.907 cents from 7.459 cents.)

Global accounting and consulting firm Deloitte is cutting pay for partners at its British arm by a fifth to protect jobs during the coronavirus crisis, mirroring moves at rivals PwC and BDO.

The U.S. State Department, Treasury, and Department of Homeland Security Issues, along with the FBI, issued an advisory on Wednesday about North Korean cyber threats that called particular attention to banking and finance.

H&M, the world's second-biggest fashion retailer, said on Wednesday it had started producing protective aprons at a supplier and would deliver one million aprons to the Swedish healthcare system over the coming two weeks.

U.S. retail sales suffered a record drop in March as mandatory business closures to control the spread of the novel coronavirus outbreak depressed demand for a range of goods, setting up consumer spending for its worst decline in decades.

Oil fell by more than 4% towards $28 a barrel on Wednesday, pressured by reports of persistent oversupply and collapsing demand due to global coronavirus-related lockdowns and a lack of coordinated oil purchases for strategic storage.

Citigroup Inc reported a 46% plunge in quarterly profit on Wednesday as the bank set aside nearly $5 billion to prepare for an expected flood of defaults on loans due to a virtual halt in economic activity caused by the coronavirus pandemic.

U.S. manufacturing output dropped by the most since 1946 in March as the novel coronavirus pandemic fractured supply chains, suggesting business investment contracted further in the first quarter.

Goldman Sachs Group Inc's quarterly profit nearly halved, as it set aside more money to cover for corporate loans expected to go bust in the coming months and booked heavy losses on its debt and equity investments.

Wall Street's main indexes were set to slide at the open on Wednesday, as a record drop in retail sales and dour first-quarter earnings reports lent credence to forecasts for the biggest economic slump since the 1930s.

Brazilian airline Azul SA said on Wednesday it has hired restructuring firm Galeazzi & Associados to work with the carrier "during this period of crisis."

Bank of America Corp recorded a 48.5% fall in quarterly profit as the bank set aside $3.6 billion for potential loan losses tied to the coronavirus pandemic.