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

U.S. life science tools company Thermo Fisher on Monday launched its agreed $11.5 billion takeover offer for Qiagen, calling on investors of the German genetic testing specialist to tender their shares.

The Hang Seng Index made rule changes on Monday to allow it to incorporate Chinese internet giants Alibaba, Xiaomi and Meituan Dianping, a move set to shake up the composition of the 50-year-old index.

A resolution pushed by the European Union and Australia calling for a review into the origins and spread of the novel coronavirus has the support of 116 countries at the World Health Assembly, almost enough for it to pass, a document showed.

Dogs' ability to sniff out whether people are infected with COVID-19 will be put to the test by British researchers, in a bid to develop a fast, non-invasive means of detecting the disease.

Indonesia reported on Monday 496 new coronavirus infections, taking the total in the Southeast Asian country to 18,010, said health ministry official Achmad Yurianto

Japan's SoftBank Group Corp reported a stunning $18 billion loss at its giant Vision Fund, pushing Masayoshi Son's conglomerate to a record loss and highlighting the deepening crisis at its portfolio companies from the global downturn.

Health ministers from around the world are expected to call for an independent evaluation of the World Health Organization's handling of the COVID-19 pandemic during a WHO meeting on Monday.

Malaysian health authorities on Monday reported 47 new coronavirus cases, bringing the cumulative total to 6,941 cases.

The head of the European Union's medicines agency Guido Rasi said on Monday an initial authorisation for U.S. pharmaceutical company Gilead's remdesivir as a COVID-19 treatment could be granted in coming days.

Huawei Technologies said on Monday that its business will be inevitably impacted by the latest U.S. move to restrict chip sales to the Chinese technology company, but it is confident of finding solutions soon.

The Philippines' health ministry on Monday reported seven new coronavirus deaths and 205 additional infections.

China has given the greenlight to Teva Pharmaceutical Industries' Austedo treatment for Huntington's disease, the company said on Monday.

Indian food delivery startup Swiggy said on Monday it would lay off 1,100 employees, or nearly 14% of its workforce, to cut costs, as a weeks-long nationwide lockdown to curb the coronavirus outbreak hits demand for online food ordering.

China's foreign ministry said on Monday it was premature to immediately launch an investigation into the origins and spread of the coronavirus that has killed more than 300,000 people globally.

Singapore's health ministry confirmed 305 new coronavirus cases on Monday, the smallest increase in over a month, taking its tally of infections to 28,343.

Japan's Panasonic Corp posted on Monday a 29% drop in annual operating profit amid the coronavirus outbreak but said its battery cells joint venture with major customer Tesla Inc logged a second straight quarterly profit.

SoftBank Group Corp on Monday reported a record 1.4 trillion yen ($13 billion) operating loss in the April-March financial year as the value of its tech bets via the $100 billion Vision Fund crumbled.

The number of confirmed coronavirus cases in Germany increased by 342 to 174,697, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday.

SoftBank Group Corp is in talks to sell "a significant portion" of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG, the Wall Street Journal reported on Monday, citing unidentified sources.