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Walt Disney Inc Executive Chairman Bob Iger will forgo his salary and newly named Chief Executive Officer Bob Chapek will take a 50% pay cut amid the coronavirus crisis, CNBC reported on Monday, citing an internal email.

Johnson & Johnson said on Monday that it and the U.S. government will invest $1 billion to create enough manufacturing capacity to make more than 1 billion doses of a vaccine it is testing to stop the new coronavirus that has killed more than 35,000 people around the world.

A probable extension of Italy's lockdown could frustrate an attempt by Fiat Chrysler to resume some vehicle production at three Italian plants next week, a union representative said on Monday.

Standard Chartered has told staff it is freezing all external and internal hiring for two months and signaled it is likely to cut bonuses for 2020, as the Asia and Africa-focused lender grapples with the fallout from the coronavirus pandemic.

U.S. stocks rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors hopeful the economic impact of the coronavirus could still be contained. A record $2.2 trillion in aid and policy easing from the Federal Reserve helped equities recover some of their losses last week, with the S&P 500 posting its biggest weekly percentage gain in over a decade and the Dow Jones <.DJI&

Ray-Ban maker EssilorLuxottica is suspending its dividend due to the coronavirus pandemic and said on Monday it was delaying its annual shareholder meeting by a month.

Barclays , one of the biggest lenders in Europe to the fossil fuel industry, on Monday set itself a target to reach "net zero" for its own carbon emissions and the activities it finances by 2050.

Europe's Airbus is grappling with labor and supply chain shortages and may only be able to restore aircraft production to some 10-20% of normal levels for now because of partial shutdowns, industry and union sources said.

United Arab Emirates carrier flydubai will reduce pay for its employees for three months from April due to the impact of the global coronavirus crisis on its business, a spokeswoman said on Monday.

Ray-Ban maker EssilorLuxottica on Monday said it was suspending its dividend payment due to the coronavirus outbreak and pushed back its annual shareholders' meeting by a month.

Harley-Davidson Inc said on Monday it would hand one board seat to Impala Asset Management in a settlement just days after the investor began pressing to replace two directors at America's oldest and best-known motorcycle maker.

Microsoft Corp said on Monday its video calling platform Skype saw a 70% jump in usage in March from a month earlier, as more people shift to working from home amid the coronavirus pandemic.

Macy's Inc said on Monday it would furlough most of its 130,000-strong workforce starting this week as all stores of the department chain operator have been temporarily shut due to the coronavirus pandemic.

Finland's center-left government on Monday gave its blessing to majority state-owned Fortum's strategy to cut emissions, but promised to push the company further towards carbon neutrality, the minister in charge wrote.

UBS plans to pay a 2019 dividend that is more than half its annual profit, defying calls by the Swiss government and financial markets supervisor for lenders to limit payouts during the coronavirus crisis.

Johnson & Johnson said on Monday it made a $1 billion deal with the U.S. government to create enough manufacturing capacity for more than 1 billion doses of a vaccine it is testing to fight the new coronavirus that has killed more than 34,000 people around the world.

Emergency room doctor Thomas Krajewski stopped at the hospital room door at 2 a.m. to glance at the chart. He knew instantly the long odds faced by the patient inside: A man in his 70s, with a fever, short of breath.

French carmaker Renault put most of its white collar staff in the Ile-de-France region around Paris on partial unemployment on Monday as the lockdown imposed due to the coronavirus outbreak lowered activity.

Wall Street rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors hopeful that the economic impact of the coronavirus could still be contained.

Global equity benchmarks rose slightly on Monday despite a drop in oil prices to their lowest levels since 2002, as central banks and the United States tried to contain damage from the rapidly spreading coronavirus that has upended the global economy.