A lack of beds, protective equipment and doctors are just some of the issues being faced in Europe, as the coronavirus crisis exposes the weaknesses of the region's national health systems.
Services companies cut jobs at the fastest pace on record as orders plunged for the second straight month and businesses scrambled to reduce their operating costs.
Stocks in Asia were little changed on Friday morning following a record surge in oil prices overnight that saw U.S. crude futures soaring more than 24%.
The virus threatens to spread widely across Africa, where several countries have seen hundreds of positive tests, according to Johns Hopkins University.
The program is a crucial component of the $2 trillion stimulus package signed last week by President Trump to cushion disruptions tied to the coronavirus.
The Pentagon will release $882 million in withheld payments to Boeing in an effort to mitigate the financial strain of the coronavirus outbreak on the defense contractor.
The officer, Capt. Brett Crozier of the USS Theodore Roosevelt, had written a letter to military leadership regarding the situation on his carrier, and it leaked to the media.
Russian President Vladimir Putin and his administration are using the coronavirus crisis to spread conspiracy theories in a bid to "subvert the West," a new report has alleged.
The coronavirus has led shoppers to buy in bulk and put pressure on supply chains. In the U.S., major grocers have expedited their hiring processes to help deal with the demand.