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New York-based banks Citigroup Inc and JPMorgan Chase & Co both reported on Friday that they have employees who have tested positive for the coronavirus.

Corporate America joined the fight against the spread of coronavirus on Friday, as President Donald Trump and executives announced that Google would offer a website to help people determine whether they needed tests and retailers set up drive-through tests in parking lots.

U.S. President Donald Trump said on Friday that four cruise line companies had agreed to suspend outbound cruises for 30 days, at his request, amid the global coronavirus pandemic.

"These are real companies, and they want to do something about it," CNBC's Jim Cramer said.

German flagship carrier Lufthansa on Friday said it would scrap its annual dividend, slash its flight schedule further and is also considering a request for state aid to help it deal with the impact of the coronavirus outbreak.

The U.S. Federal Aviation Administration (FAA) said on Friday it has begun a probe following an in-flight incident involving an older 737 aircraft manufactured by Boeing Co and flown by Southwest Airlines .

As a collapse in the oil price unleashed chaos in financial markets, Madrid money manager Diego Parrilla phoned a colleague who agreed: they had better head to work early in the morning.

Kosovo reported its first coronavirus cases on Friday, in a 20-year-old Italian woman and a 77-year-old Kosovar man.

U.S. aviation safety regulator is investigating a possible structural problem with Boeing Co's older 737 aircraft following an in-flight incident that caused a 12-inch rupture in the aluminum skin of a Southwest Airlines jet, the Wall Street Journal reported on Friday.

Wall Street staged a furious rally in the waning moments of the session on Friday after U.S. President Donald Trump declared a national emergency to combat the rapidly spreading coronavirus, although major averages still suffered sharp losses for the week.

The United States will suspend travel from certain European countries for 30 days beginning at midnight on Friday as part of an effort to stem the spread of the coronavirus.

Poland will ban foreigners from entering the country from Sunday and impose a 14-day quarantine on its citizens returning home in a bid to curb the spread of coronavirus, Prime Minister Mateusz Morawiecki said on Friday.

As Americans hole up at home to wait out the coronavirus pandemic, fewer people are going out to eat, leading some fast food chains to cut delivery fees and meal delivery platforms to suspend commissions.

A group representing major U.S. airports on Friday revised upward its forecast for estimated losses this year to $5.7 billion after President Donald Trump instituted new European travel curbs and as flight reductions rose.

Microsoft Corp co-founder Bill Gates has stepped down from the company's board to dedicate more time to his philanthropic priorities including global health, education and tackling climate change, the company said on Friday.