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Croatia registered its first death of a person infected with the coronavirus, the state public health institute said on the official government web page for the crisis.

Initial claims for U.S. unemployment benefits rose more than expected to 281,000 in the latest week from an unrevised 211,000 the previous week, the Labor Department said on Thursday, in the first indication of the toll on employment from the coronavirus outbreak.

The German military is making preparations to help with efforts to tackle the coronavirus crisis should other civil servant organisations become overwhelmed with the outbreak, Defence Minister Annegret Kramp-Karrenbauer said on Thursday.

The dollar surged on Thursday as extraordinary steps by central banks across the world to stem a coronavirus-induced financial rout saw mixed success, boosting bonds but failing to halt losses in stocks.

American Airlines Group Inc has secured a new year-long $1 billion credit line, taking its available liquidity to $8.4 billion, a regulatory filing showed on Thursday.

Three people employed by the U.S. diplomatic mission in Geneva have contracted coronavirus, but are in "good condition", a spokesperson told Reuters on Thursday, declining to give specifics.

Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in shoring up the global economy as the shock from the coronavirus pandemic deepens.

The dollar surged and everything else was blown away on Thursday as emergency central bank measures in Europe, the United States and Australia failed to halt a fresh wave of panic selling.

Amazon.com Inc on Thursday said it was closing a small New York warehouse temporarily after one of its associates tested positive for the coronavirus, a move that highlights the operational risk it faces as the disease spreads.

From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate credit market, worried that the coronavirus pandemic will lead to bankruptcies, defaults and credit rating downgrades.

Prince Albert of Monaco has tested positive for coronavirus but his health "is not a cause for concern", his office said on Thursday.

The U.S. Federal Reserve on Thursday opened the taps for central banks in nine new countries to access dollars in hopes of preventing the coronavirus epidemic from causing a global economic rout.

Big-box retailer Walmart Inc said on Thursday it would hire more than 150,000 hourly workers in the United States, citing a jump in shoppers due to the coronavirus pandemic.

U.S crude oil prices edged higher on Friday, extending gains after a 24% jump the previous day, buoyed by hints from U.S. President Donald Trump he may intervene in the price war between Saudi Arabia and Russia at an "appropriate time."

Asian shares staged a rare rally on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though the panicked rush into U.S. dollars suggested the crisis was far from done.