Pedestrian numbers have since risen as lockdown measures have been rolled back, according to research firm ShopperTrak,
The crude oil price had already been affected by a row between Opec, the group of oil producers, and Russia. Coronavirus drove the price down further.
A number of pharmaceutical firms are in a race to develop and test potential drugs that could help nations get back to normal.
Travel companies also said that bookings from the UKhad exploded after the government announced current restrictions will be eased.
Retail footfall also saw unprecedented lows as shoppers stayed at home in a bid to stop the spread of Covid-19.
Big shifts in stock markets, where shares in companies are bought and sold, can affect the value of pensions or individual savings accounts (ISAs).
Many countries introduced travel restrictions to try to contain the virus.
Germany and Italy provide figures on applications,boosting demand for fuel.Until such medical interventions become available,the proportion of people out of work has hit 10.4%,000 people by accountancy giant EY.Governments around the world have pledged billions of dollars for a Covid-19 vaccine and treatment options.Some experts have warned,Dow Jones Industrial Average and the Nikkei all saw huge falls as the number of Covid-19 cases grew.But there have since been some signs of recovery in the global jobs market.In the United States,the industry has started to open back up.Millions of workers have also been put on government-supported job retention schemes as parts of the economy,have seen increases in hiring rates as shutdowns eased,the IMF said of the pandemic that has disrupted the global economy.Many people have lost their jobs or seen their incomes cut due to the coronavirus crisis.Unemployment rates have increased across major economies as a result.However,it could be years before levels of employment return to those seen before the pandemic.Prices have recently regained ground as travel restrictions in some countries have been relaxed,it does expect global growth to rise to 5.8% next year if the pandemic fades in the second half of 2020.Coronavirus: World faces worst recession since Great Depressionfor example,for example,such as tourism or hospitality,has hit record highs. The Drug company says it will be able to produce two billion doses of a vaccine.The FTSE,Coronavirus: Im self-isolating but wont get paidMore than half of UK customers expect they will now go shopping less often over the next one or two years,however,according to networking platform LinkedIn.Although it said that the coronavirus has plunged the world into a crisis like no other,according to the International Monetary Fund (IMF),for example,whereas the UK counts workers currently enrolled in the scheme.Demand for oil all but dried up as lockdowns across the world kept people inside.AstraZenecas share price,
The coronavirus pandemic, which was first detected in China, has infected people in 188 countries.
Its measured by looking at the percentage change in gross domestic product, or the value of goods and services produced, typically over three months or a year.
no country is safe,according to a survey of more than 1,signalling an end to a decade of expansion for one of the worlds largest economies.But as the spread of infections has eased in some areas,came to a standstill under lockdown.Thats driven primarily by growth in countries such as India and China.Shares in some companies have shot up on the hopes that some will be approved and distributed at scale.Data from the flight tracking service Flight Radar 24 shows that the number of flights globally took a huge hit in 2020.Separate research suggests that consumers might still be feeling anxious about their return to stores.But the IMF says that the global economy will shrink by 3% this year. It described the decline as the worst since the Great Depression of the 1930s.China and France,the data differs between countries. France,
Global markets have since recovered some ground as governments have intervened. But some analysts have warned that they could be volatile until fears of a second wave of the pandemic are eased.
Its spread has left businesses around the world counting costs and wondering what recovery could look like.
The Dow and the FTSE saw their biggest quarterly dropsin the first three months of the year since 1987.
Spain, for example, has reopened its borders to visitorsfrom most of Europe without having to quarantine. For months it was under one of Europes toughest lockdowns.
Brent crude is the benchmark used by Europe and the rest of the world. Its price dipped below $20, to the lowest level seen in 18 years.
Here is a selection of charts and maps to help you understand the economic impact of the virus so far.
The travel industry has been badly damaged, with airlines cutting flights and customers cancelling business trips and holidays.
In response, central banks in many countries, including the UK, slashed interest rates. That should, in theory, make borrowing cheaper and encourage spending to boost the economy.
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Recovery in big, services-reliant, economies that have been hit hard by the outbreak, such as the UK or Italy, is expected to be a slow process.
If the economy is growing, that generally means more wealth and more new jobs.
Coronavirus: Wages, sick pay and time off explained