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The U.S. Senate on Tuesday will start scrutinizing the lawyer tapped by President Donald Trump to oversee a $500 billion fund to rescue larger businesses hit by the coronavirus pandemic, with Democrats worried he is too close to the White House to be independent.

The World Health Organization said on Tuesday that it was not "not surprising" that a report of COVID-19 had emerged in December in France, earlier than it was thought to have spread there, saying more reports of early cases were possible.

About a third of the people employed by the French aerospace sector are out of action on government-backed partial unemployment schemes, the head of the country's aerospace industry association said on Tuesday.

A look at the day ahead from emerging markets chief correspondent Karin Strohecker. The views expressed are her own.

Europe's biggest budget airline Ryanair posted a 99.6% fall in passenger numbers in April, while smaller low cost carrier Wizz Air said numbers plunged 97.6%, as the novel coronavirus halted most flying across Europe.

The United States and Britain launch trade negotiations by videoconference on Tuesday following the UK's exit from the European Union, as both allies struggle with the effects of the coronavirus pandemic and aim to shore up domestic supply chains.

In the world's biggest iron ore loading hub, Western Australia's Port Hedland, huge vessels line up near the red-dirt coast, waiting to be loaded with the sought-after steel-making material.

United Airlines Holdings Inc plans to cut at least 3,400 management and administrative positions in October as the coronavirus pandemic crushes air travel demand, and has told pilots to brace for changes as well, according to two memos seen by Reuters.

Qantas Airways said on Tuesday it would extend flight cancellations into June and July, and added that it secured further debt funding that should support the airline through to the end of 2021 if the coronavirus crisis prolongs.

United Airlines Holdings Inc has told employees that it expects its management and administrative ranks to be around 30% smaller starting in October, according to a company memo seen by Reuters.

L Brands Inc said on Monday it has agreed to call off the sale of its majority stake in Victoria's Secret lingerie business to buyout firm Sycamore, averting a bitter legal battle between the two companies over the $525 million deal.

L Brands Inc said on Monday it has agreed to end the sale of its Victoria's Secret lingerie business to Sycamore Partners, days after the buyout firm disclosed it had walked away from the $525 million deal.

U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.

U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns sparked by fresh U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.

The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China dispute over the origins of the coronavirus outbreak and a move by billionaire Warren Buffett's Berkshire Hathaway to dump stakes in major U.S. airlines.

Belgian postal operator Bpost scrapped its full-year earnings forecast on Monday and suspended its dividend policy, blaming uncertainty caused by coronavirus pandemic.

The major Canadian province of Quebec, among the worst hit by the coronavirus, started gradually restarting its economy on Monday while Prime Minister Justin Trudeau maintained his cautious stance.

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".

Treasury Secretary Steven Mnuchin on Monday said bipartisan discussions are underway over whether more U.S. government relief funding is needed amid the nation's novel coronavirus outbreak, but that President Donald Trump is focused on taxes and travel.

Shares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett said Berkshire Hathaway offloaded its entire stake in the carriers last month, adding to the sense of crisis around the industry.