Wall Street stocks opened lower Tuesday as the Federal Reserve unveiled a new vehicle to boost market liquidity and the coronavirus case count continued to climb.

Dubai said Tuesday it will support Emirates Airline with a capital injection to help the carrier through the coronavirus crisis which has forced it to halt passenger flights.

The Turkish economy was healing after a recession when the new coronavirus struck, leaving Ankara scrambling to contain the damage with stimulus measures worth billions and facing demands to do much more.

Oil prices rebounded strongly in Asian trade Tuesday a day after falling to 18-year lows, as investors took heart from moves by policymakers to support the coronavirus-hit global economy.

Spain, already struggling with high unemployment and debt, is bracing for the impact of the government's decision to put the country's economy into "hibernation" to fight the spread of coronavirus.

Grocery delivery startup Instacart's delivery workers were set to begin a work stoppage Monday to press safety demands, as a walkout was planned by employees at an Amazon warehouse said to be the site of coronavirus infections.

Saudi Arabia said on Monday it will raise its oil exports to a record 10.6 million barrels per day starting from May, escalating a price war with Russia.

U.S. President Donald Trump and his Russian counterpart Vladimir Putin discussed plunging oil prices and the coronavirus pandemic Monday, the Kremlin said, as Trump said Moscow is pressing for an end to US sanctions.

Stakeholders in Expo 2020, a multi-billion-dollar global trade fair set to launch in Dubai in October, are to hold talks Monday on a possible postponement over the coronavirus pandemic.

Measures to contain the coronavirus outbreak will slash German 2020 economic output by 2.8 to 5.4 percent before a rebound next year, a panel of economists who advise the government said Monday.