Auto parts maker Robert Bosch GmbH has suspended two factories in China and moved two others to a closed loop system in order to abide by Covid-Zero policies amidst lockdowns. 

U.S. trade groups are urging Chinese officials to increase China's purchases of U.S. goods and services.

The global benchmark for oil has risen nearly 10 percent since falling last week to its lowest this year.

The deadly coronavirus, claiming at least 425 lives so far, is causing halts in China's vehicle production.