Walmart's Flipkart is facing a further anti-trust investigation in India, following a request to the country's competition watchdog to look into the company's possible abuse of its dominant position in the e-commerce.
AT&T Inc is partnering with Alphabet's Google Cloud over the 5G edge computing technologies usage designed to help clients boost speed and raise security by running their applications closer to the end users.
Finland's Nokia Oyj has signed a partnership with Intel to accelerate its shift to the 5G technology, following the Finnish group's announcement of a similar cooperation deal with Marvell Technology.
On Thursday, HP Inc has rejected a raised offer by Xerox Holdings worth about $35B, claiming that the bid still undervalued the PC maker.
The US stocks plunged over 3% on Thursday due to revived fears about the coronavirus, bringing global financial companies' shares down, with JPMorgan Chase and Bank of America Corp shares slipping 4.9% and 5.1% respectively.
On Thursday, the Organization of the Petroleum Exporting Countries has agreed to cut crude oil supply by an additional 1.5M barrels a day in the Q2 of 2020.
Portugal's TAP has cancelled about 1000 flights scheduled for this month and April, as fears of the coronavirus hit demand. The company said in a statement on Thursday.
On Thursday, Wall Street's main indexes edged lower, as the spread of the coronavirus hit California. The benchmark US Treasury yield hit a record low.
On Thursday, the Russian Finance Minister Anton Siluanov said that Russia is fiscally ready to cope with a crude oil price drop.
On Thursday, Finnair announced it stepped up the efforts to reach its target of becoming carbon neutral by 2045, adding it would start by halving the company's net emissions by 2025.
OPEC agreed to trim the oil output by extra 1.5M barrels per day in the current year's Q2 to support prices hit by the outbreak of coronavirus across the globe, it stated on Thursday.
On Thursday, Southwest Airlines forecast a hit worth about $300M to its Q1 operating revenue by the coronavirus outbreak, making the carrier to trim the outlook for its quarterly revenue.
Israeli start-up Hailo, the artificial intelligence chips developer, announced on Thursday it had raised $60M in a round of funding, bringing the company's total financing to $88M.
On Thursday, HP Inc has rejected a raised offer by Xerox Holdings worth about $35B, claiming that the bid still undervalued the PC maker.
On Thursday, the British regional carrier Flybe collapsed after a dramatic fall in demand for travel, adding the troubled airline to other large corporate casualties hit by the coronavirus outbreak.
Finland's Nokia Oyj has signed a partnership with Intel to accelerate its shift to the 5G technology, the Finnish group stated on Thursday, following its announcement of a similar cooperation deal with Marvell Technology.
On Thursday, the International Air Transport Association reported that airlines are likely to lose up to $113B in the global passenger revenue this year due to the coronavirus outbreak.
Britain's John Lewis Partnership has triggered its business' strategic review following a report of a 23% drop in annual profit for the third consecutive time, reflecting a weak performance from the department stores unit.
On Thursday, Hugo Boss, the German fashion house, warned that it was expecting its Q1 results to be hit by the coronavirus outbreak, with sales plunging in Asia and in other core markets.
Microsoft Corp called on their employees in the Seattle area and California to work away from offices, at home, aiming to limit the coronavirus outbreak's spreading.
Uber Technologies' self-driving unit was open to using competitors' technology in the industry, the company's Chief Executive stated.
Toyota Motor Corp stated that it is recalling 3.2M cars worldwide to address an issue with fuel pump that could cause engines stalling.
Huawei is set to build French factory regardless of the government's decision whether to use the company's equipment in 5G network.
The incoming Governor of Bank of England Andrew Bailey stated on Wednesday that the central bank most likely would subsidize companies hit by the coronavirus.