There are tentative hopes in Europe that the coronavirus outbreak could be slowing, as the number of new infections and fatalities starts to slow down, according to data over the weekend.
The deal will bring "so much important stability to the market" and the two sides are "very close," said Kirill Dmitriev, CEO of Russia's sovereign wealth fund RDIF.
The coronavirus pandemic is hitting U.K. commercial property hard, as retailers close for an indefinite period and shoppers remain locked down at home.
Around four miles southwest of the center of Nairobi, residents in Africa's largest 'slum' — the sprawling, densely-populated informal settlement of Kibera — are bracing for the coronavirus pandemic.
Japan is to declare a state of emergency in Tokyo and six other prefectures as early as Tuesday in a bid to stop the coronavirus, the prime minister said.
The Organization of the Petroleum Exporting Countries and its allies are expected to meet on Thursday instead of Monday — to try to agree on production cuts.
Together with the previous two packages, Singapore has set aside 59.9 billion Singapore dollars ($41.7 billion), accounting for around 12% of the country's gross domestic product.
A historic demand shock sparked by the coronavirus pandemic is set to worsen in the current quarter, according to a CNBC survey of 30 strategists, analysts and traders.
Stocks in Asia Pacific rose in afternoon trade as a scheduled meeting between the Organization of the Petroleum Exporting Countries and its allies, initially set to take place Monday, was delayed.
"We've launched a companywide effort, bringing together produce designers, engineering, operations and packaging teams, and our suppliers to design produce and ship face shields for health workers," Cook said.