There's not much monetary policy can do to save the global economy — especially when some major central banks have already cut interest rates into the negative territory, economists say.
Lego defied a shrinking toy market with a rise in sales last year, as the plastic brick maker outpaced rivals with the latest versions of its classic kits.
Growth in the euro zone is likely to almost come to a standstill in the next decade, experts have warned, and things looked bleak even before the coronavirus.
The Fed cut rates by half a percentage point two weeks ahead of its scheduled meeting, due to the "evolving risks to economic activity" posed by the coronavirus.
The energy alliance between Saudi Arabia and Russia will likely come under intense scrutiny at this week's OPEC meeting as the producers discuss how best to cushion the impact of the coronavirus outbreak.
India, the world's main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, including paracetamol.
Facebook CEO Mark Zuckerberg said that the social network will remove "false claims and conspiracy theories that have been flagged by leading global health organizations."
Starting a business is a risky endeavour for anyone. But when Rachel Lim set out to reinvent the retail industry, the stakes were especially high — her mom's life savings were riding on it.
China's services sector had its worst month on record in February as new orders plummeted to their lowest level since the global financial crisis, a business survey showed on Wednesday, with economists urging swift support to avoid mass bankruptcies.
Treasury Secretary Steven Mnuchin told lawmakers Tuesday that he supported the Federal Reserve's decision to cut rates in a bid to support the economy amid the coronavirus outbreak.
From Alibaba to Baidu and Tencent, China's top tech companies have launched new features aimed at helping diagnose cases and finding a vaccine for the coronavirus.