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German insurers are putting together plans for a multi-billion euro public-private fund to help companies deal with business interruptions from future pandemics, according to an industry paper.

A second wave of the coronavirus could derail efforts by governments to reopen economies and ease lockdown restrictions. Here is a rundown of countries and regions with the highest infection rates and measures taken to curb infection rates.

Japan aims to launch a smartphone app based on technology from Apple Inc and Alphabet Inc's Google next week to help curb the spread of coronavirus by tracking close contact with those infected, the health ministry said on Friday.

Japan aims to launch a smartphone app based on technology from Apple Inc and Alphabet Inc's Google next week to help curb the spread of coronavirus by tracking close contact with those infected, the health ministry said on Friday.

Indian drugmaker Zydus Cadila said on Friday it signed a non-exclusive licensing pact with Gilead Sciences Inc to manufacture and market antiviral drug remdesivir, the first treatment to show improvement in COVID-19 trials.

Drugmakers are warning of a potential shortage of vials to bottle future COVID-19 vaccines, but their rush to secure supplies risks making matters worse, some major medical equipment manufacturers warn.

Fears of a second wave of COVID-19 infections grew on Friday, with a record daily increase in India, warnings against complacency in Europe and news from half a dozen U.S. states that their hospital beds were filling up fast.

The European Commission received a mandate from EU governments on Friday to negotiate advance purchases of promising coronavirus vaccines, the EU's top health official said, but it is unclear whether there is enough money available.

(This June 11 story corrects amount recovered by trustee in last paragraph)

Facing budget shortfalls and double-digit unemployment, governors of U.S. states that are COVID-19 hotspots on Thursday pressed ahead with economic reopenings that have raised fears of a second wave of infections.

Britain's government have brought in quarantine rules to protect public health, a spokesman for Prime Minister Boris Johnson said on Friday, declining to comment on legal action brought by British Airways, easyJet and Ryanair.

Top Wall Street brokerages Goldman Sachs and Morgan Stanley downgraded their ratings on Tesla Inc saying the electric carmaker's shares were overpriced, two days after the high-flying stock crossed $1,000 per share.

Italy, the first major European country to roll out a smartphone app to trace COVID-19 infections that does not rely on a centralized database, has already seen 2.2 million downloads in 10 days, a sign Italians are setting aside privacy concerns.

Italy, the first major European country to roll out a smartphone app to trace COVID-19 infections that does not rely on a centralized database, has already seen 2.2 million downloads in 10 days, a sign Italians are setting aside privacy concerns.

China's capital reported two new coronavirus infections on Friday, a day after it declared its first case in nearly two months, prompting officials to delay plans for some students to return school.

Japan's Honda Motor Co has resumed production at automobile and motorcycle plants in the United States and other countries after they were hit by a suspected cyber attack this week, a spokesman said on Friday.

China reported two new coronavirus infections in its capital on Friday, a day after the city government declared its first case in nearly two months, and moved to delay plans for some students to return to school.

German insurers are putting together plans for a multi-billion euro public-private fund to deal with catastrophes like pandemics, magazine Der Spiegel reported on Friday.

Sony Corp on Friday unveiled more than two dozen titles for its upcoming PlayStation 5 console, including a sequel to its hit "Spider-Man" title and the latest "Gran Turismo" racer, as it builds anticipation ahead of the planned year-end launch.

Here's what you need to know about the coronavirus right now: