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The world's biggest maker of medical gloves is grappling with a serious shortage of workers as it tries to meet a huge surge in demand as countries such as the United States run out of personal protective gear due to the coronavirus outbreak.

Japanese Prime Minister Shinzo Abe on Wednesday promised support for domestic airlines hit by the coronavirus pandemic, and said a planned stimulus programme would be big enough to stave off a return to deflation.

South Korea has received requests from 121 countries for help with coronavirus testing, a foreign ministry official said on Wednesday, as authorities around the world come under intense pressure to curb the spread of the disease.

Defense contractor Israel Aerospace Industries (IAI) [ISRAI.UL] and holding group IES Holdings are partnering to create a facility for airlines to park airplanes grounded during the coronavirus outbreak near Israel's second-largest airport.

From expensive watches to chocolates and cement, Swiss industry is being battered by the coronavirus epidemic, data showed on Wednesday, with the country's PMI survey sinking to its lowest level in more than a decade.

China's ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country's coronavirus lockdown as the global spread of the virus chokes off international demand.

Trading activity on China's commodities markets is skyrocketing as investors increasingly hedge risks, pushing open interest and trading volumes in the futures markets to record and multi-year highs in March following the coronavirus outbreak and volatile global commodity prices.

Fonterra said on Wednesday its New Zealand milk exports in February fell 6.1% and that it would ramp up ethanol production to help sanitizer manufacturers cope with a surge in demand caused by the coronavirus outbreak.

Korean Air Lines Co Ltd will suspend flights to Washington, D.C. starting April 13 through to the end of May due to the coronavirus crisis, a company spokesperson said on Wednesday.

The U.S. Transportation Department on Tuesday proposed that passenger airlines should be required to maintain minimum numbers of flights as a condition for receiving aid from the government's $50 billion grant and loan fund.

Bangladesh, the second-largest apparel producer after China, is set to lose roughly $6 billion in export revenue this financial year amid cancellations from some of the world's largest brands and retailers, two major industry bodies said on Tuesday.

President Donald Trump has signed off on a plan to defer U.S. tariffs on goods from countries with most-favored nation status for three months, to help ease the economic fallout of the coronavirus, a source familiar with the decision said Tuesday.

Honeywell International Inc said on Tuesday it had entered into a $6 billion loan agreement to bolster liquidity as the fast-spreading coronavirus pandemic wreaks havoc on the global economy.

President Donald Trump has signed off on a plan to defer U.S. tariffs for most-favored nations for three months, according to a source familiar with the decision.

Nine Democratic U.S. senators on Tuesday urged the chief executives of 11 major airlines to issue full cash refunds to customers canceling flights during the coronavirus pandemic after Congress approved a massive rescue package for the hard-hit industry.

Panama has in recent years invested billions of dollars to establish itself as a top commercial, logistical and air transport hub in the Americas.

Nine Democratic U.S. senators on Tuesday urged the chief executives of 11 major airlines to issue full cash refunds to customers canceling flights during the coronavirus pandemic after Congress approved $25 billion in cash grants for the hard-hit industry.

American Airlines Group Inc is set to sharply increase the number of jets it is planning to retire beyond its announced plans as it accelerates a fleet transformation to respond to the coronavirus crisis, people familiar with the matter said.

China has not approved any new Brazilian meat plants for export this year because of the coronavirus pandemic, an official at Brazil's Agriculture Ministry told Reuters, adding that all approvals were on hold until the crisis eases.

India has asked its ports to waive demurrage and other charges for any delays in arrival, berthing and other operations of ships caused by a 21-day lockdown to contain the spread of the coronavirus, a government statement said.