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The programs also direct expanded credit to small businesses, households and state and local governments.

Major banks and health care companies will be the first to reveal how the early weeks of the coronavirus shutdowns impacted their earnings.

The therapeutic, "if successful, would be given early in the disease process, when patients are admitted to the hospital," Pfizer Chief Scientific Officer Dr. Mikael Dolsten said Thursday.

Stocks jumped after the Federal Reserve gave more details on how it will support the economy amid the coronavirus pandemic.

Doctors like Josh Mugele are heeding the call to volunteer as they're not seeing as many COVID-19 cases in their home states. But other medical professionals are worried that they'll be needed at their hospital if there's a local outbreak, and they say they need more information before they relocate.

The CDC, which has been dealing with the coronavirus pandemic, has been using software from the company, which was co-founded by billionaire investor and Trump advisor Peter Thiel.

Britain will be hit harder by the coronavirus crisis than any other European country, researchers have predicted, with the U.K. expected to see more than 60,000 deaths from COVID-19.

Boris Johnson is the first major governmental leader known to have contracted the coronavirus.

The coronavirus pandemic could result in between 420 million and 580 million more people, or 8% of the global population, living in poverty, a study by the United Nations University has found.

A simmering feud between Saudi Arabia and Russia is thought to be one of many possible complications to an unprecedented production cut.

That brings the total claims over the past three weeks to more than 16 million.

While many companies have been forced to cut pay due to the financial impact of the coronavirus pandemic, some businesses are rewarding their frontline workers with salary increases.

Start-up bosses in the U.K. have warned that the government's business relief measures "do not help companies of the future such as ours."

While Italy looks to have overcome the worst of the coronavirus outbreak in terms of daily infections and deaths, recent hopes of a peak elsewhere in Europe have been dashed in recent days.

"We care about the life passing every single minute unnecessarily because we couldn't unite to fight this virus," he said.

European equities are better positioned than their U.S. counterparts for a prospective recovery from the coronavirus downturn, according to Barclays.

This year could be a difficult one for the renewables sector.

U.K. Prime Minister Boris Johnson has spent a third night in intensive care in a London hospital although his condition is said to be improving.

The euro zone is making another attempt at agreeing on new fiscal stimulus to deal with the coronavirus pandemic, after 16 hours of talks earlier this week failed to produce any outcome.

Russia has reported a record one-day rise of 1,459 new cases of coronavirus Thursday, making the total number of confirmed cases to 10,131.