CNBC reports that more than 4.3 million people are the globe have now been infected with the coronavirus since an outbreak was first reported in China's Hubei province late last year.
Japan's Takeda Pharmaceutical said it could begin a clinical trial for a potential treatment as early as July.
The Australian Bureau of Statistics reported that as many as 594,300 jobs were lost in April and a large number of people left the labor force.
Global deaths: More than 296,600
Most cases reported: United States (over 1.38 million), Russia (over 242,200), United Kingdom (over 230,900), Spain (over 228,600), Italy (over 222,100)