President Donald Trump is considering measures to reopen the United States economy, even as the highly contagious coronavirus is spreading rapidly and hospitals are bracing for a wave of virus-related deaths.

Amazon.com Inc has said it is raising overtime pay for associates working in its United States warehouses, as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home owing to the coronavirus outbreak.

The Bank of England (BoE) unexpectedly cut interest rates by half a percentage point to 0.25 percent on Wednesday in a move to bolster the United Kingdom's economy against disruption caused by the coronavirus outbreak.