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European low cost airline Wizz Air is not looking to defer any of the Airbus narrowbody planes it has on order even though it does not expect the market to grow again until 2022, its chief executive said.

Johnson & Johnson on Tuesday cut its 2020 adjusted profit forecast, as the coronavirus outbreak causes uncertainty across global markets.

Investors have been hoarding cash at a rate not seen since the immediate aftermath of the attack on the World Trade Center in Sept 2001, BofA's April fund manager survey showed, as the coronavirus roiled global financial markets.

Turkish Airlines has extended the cancellation of international flights to May 20 from May 1 over the coronavirus outbreak, the airline said on Tuesday, adding that domestic flights would remain suspended until April 20.

U.S. stock index futures gained on Tuesday as better-than-expected trade data from China and signs some economies might be preparing to ease sweeping lockdowns lifted the mood ahead of the first batch of quarterly earnings reports.

British American Tobacco (BAT) is the subject of a U.S. criminal investigation over suspected sanctions-busting, The Times reported https://bit.ly/2ydR5Wm on Tuesday, sending the company's shares down more than 5%.

Toyota Motor Corp on Monday said it plans to restart limited production at vehicle plants in France and Poland from April 22 after closing them due to the coronavirus pandemic.

The shares of Norwegian Air plummeted on Tuesday, and have now eroded almost their entire value from a 2015 peak, as the airline's survival depends on creditors accepting a rescue plan proposed last week.

British clothing retailer Next will reopen its online business having implemented additional safety measures to cope with the coronavirus emergency, it said on Tuesday.

British clothing retailer Next has closed its re-opened website to orders until Wednesday after reaching a self-imposed daily order limit.

J.C. Penney Co Inc has approached consulting firm AlixPartners LLP as the U.S. retailer looks at options for managing its debt, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.

Non-bank financial firms such as investment funds have exhibited vulnerabilities during the coronavirus crisis that may need fixing to help economies recover, a global regulatory watchdog said on Tuesday.

Renault SA said on Tuesday it is pulling out of a loss-making business with Dongfeng Motor Group due to poor sales, becoming only the second global automaker to exit a major venture in China in recent years.

Anheuser-Busch InBev , the world's largest brewer, proposes to halve its final dividend and has postponed its annual shareholder meeting owing to uncertainty around the COVID-19 pandemic.

The share price of Norwegian Air fell by 60% on Tuesday, the first day of trading following the company's proposal of a financial rescue package on April 8.

Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by a record amount in April, adding to cuts from other major producers.

Asian equities extended gains on Tuesday after China's trade data came in better than expected and as some nations tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.

French car parts group Valeo abandoned its 2020 financial targets on Tuesday because of the hit to its business from the coronavirus outbreak, although it got 1 billion euros ($1.1 billion) in extra credit lines to shore up its finances.

British clothing retailer Next said on Tuesday it would reopen its online business having implemented "very extensive" additional safety measures to cope with the coronavirus emergency.

The administrators of troubled hospital operator NMC Health have announced a new board for the London-listed company that brings in four new non-executive directors with international restructuring experience.