FRANKFURT (Reuters) - Volkswagen will restart production at its Wolfsburg factory in Germany on Monday, the latest of a fleet of European carmakers to take advantage of eased coronavirus lockdown rules to resume manufacturing.

SINGAPORE (Reuters) - Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not be fast enough to catch up with the collapse in demand from the coronavirus pandemic.

BEIJING (Reuters) - Profits earned by China’s industrial firms in March fell 34.9% from a year earlier to 370.66 billion yuan ($52.43 billion), the statistics bureau said on Monday.

SYDNEY (Reuters) - Asian shares inched higher on Monday ahead of a busy week for earnings and central bank meetings, with much chatter the Bank of Japan (BOJ) will announce more stimulus steps.

ECONOMYNEXT – Sri Lanka’s rubber sector has got a bounce from Coronavirus with glove output sold out, the the demand for solid tyres in construction and logistics sectors abroad would drive the rest of the demand, an official said.

Anticipating a depressed market in the post-Covid days, the natural rubber sector has sought supportive measures like credit line for working capital, a moratorium on existing loans, and safeguard duties to curb imports so as to protect the interest of domestic growers.