European Business Headlines at 2:35 a.m. GMT

Global markets pick up after plunge on virus, oil

The Latest: South Korea reports cluster at insurance company

Putin backs term limit freeze allowing him to stay in office

Italian premier locks down entire country to stop virus

AP Explains: The oil market meltdown and its global impact

Oil plunges 25% as another virus-fueled trading week begins

EU unveils Africa strategy to counter China, US interest

Spotty sick leave policies limit options for avoiding virus

Anxiety grips companies across the world as virus spreads

UK lawmakers challenge government over 'high risk' Huawei