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Ray-Ban maker EssilorLuxottica is suspending its dividend due to the coronavirus pandemic and said on Monday it was delaying its annual shareholder meeting by a month.

Europe's Airbus is grappling with labor and supply chain shortages and may only be able to restore aircraft production to some 10-20% of normal levels for now because of partial shutdowns, industry and union sources said.

Global equity benchmarks rose on Monday despite a drop in oil prices to their lowest levels since 2002, as central banks and the United States tried to contain damage from the rapidly spreading coronavirus that has upended the global economy.

Macy's Inc said on Monday it would furlough most of its 130,000-strong workforce starting this week as all stores of the department chain operator have been temporarily shut due to the coronavirus pandemic.

Harley-Davidson Inc said on Monday it would hand one board seat to Impala Asset Management in a settlement just days after the investor began pressing to replace two directors at America's oldest and best-known motorcycle maker.

Finland's center-left government on Monday gave its blessing to majority state-owned Fortum's strategy to cut emissions, but promised to push the company further towards carbon neutrality, the minister in charge wrote.

UBS plans to pay a 2019 dividend that is more than half its annual profit, defying calls by the Swiss government and financial markets supervisor for lenders to limit payouts during the coronavirus crisis.