Aeffe Spa, the Moschino and Alberta Ferretti owner, expected its Q1 results to be affected by the coronavirus outbreak in China, an executive told Reuters.
Fresenius Medical Care stated that quarterly adjusted operating profit grew 3% as rise in dialysis products and services was slightly offset by adjustments for accounts receivable.
Finnish telecom networks producer Nokia Oyj agreed to buy privately-held Elenion Technologies to extend optical networking business and increase offering to operators.
On Wednesday, Lyft revealed that it would resume renting electric bikes in New York City. The company had stopped the bike rental due to complaints and reports of injury.
It was announced on Wednesday, that Boeing is heading to court against the families of 737 MAX airplane crash victims.
On Wednesday, representatives of the European Commission revealed that new common rules could help Europe in catching up with Silicone Valley.
During late Wednesday's European trading hours, it was revealed by Bloomberg that China would inject funds into the financial markets. The announcement boosted stock indices.
During Wednesday's US trading session, US housing data was published. It was revealed that the issuing of construction permits had reached a 13-year high level.
On Wednesday, Nasdaq stock indices reached record high levels, as China announced additional measures to subsidize their economy.
Japan is expecting a fall in the number of tourists visiting the country due to the coronavirus outbreak but decided to stick to its initial target of 40M foreign visitors in 2020.
Adidas and Puma have warned on Wednesday the coronavirus outbreak had hit their Chinese business due to store shutdowns and fewer tourists who shop in other markets.
Citi and Deutsche Bank have launched negotiations with other banks over a sale of $9B in debt Dubai attracted to take full control over DP World and Dubai World's refinance borrowings, according to Reuters.
General Motors is set to lay off all1,5K plant workers in Thailand at the beginning of summer after the carmaker announced its production plant sales in the country.
On Wednesday, the Indian government approved a plan to make a deal with the US that would strengthen the protection of intellectual property in India.
Embracer, Sweden's video game group, is set to acquire Saber Interactive, the US game developer, in a deal worth up to $525M, Embracer reveled on Wednesday.
Uber Technologies announced on Wednesday it would shut its customer support office based in downtown Los Angeles, as the ride-hailing company seeks focusing on its larger locations.
On Wednesday, Qatar Airways Group announced it had raised its holding in IAG, the British Airways owner, to 25.1%, purchasing another stake worth $600M as part of QAG's strategy.
Shares of Canada's Bombardier and Alstom SA plunged 7.88% and 3.2% respectively after the French company agreed to acquire Bombardier's rail unit for up to $6.7B.
According to the Washington Post report on Tuesday, William Barr, the US Attorney General, is planning to resign over President Donald Trump's tweets regarding the DOJ investigations.
According to the minutes of Thailand's Central Bank February 5 meeting, Thai gross domestic product would grow at a slower pace than previously expected in 2020.
On Tuesday, Uber Technologies Inc announced that it was shutting down its customer support staff office in downtown Los Angeles.
On Tuesday, Michael Bloomberg, the Democratic US presidential candidate, unveiled eye-catching proposals to control Wall Street trading and increase consumer protections.
Mondelez International announced expectations for a hit to the Q1 revenue and margins from the outbreak of coronavirus and said four of its Chinese plants resumed operations.
Cellcom Israel, the country's biggest mobile operator, stated that it would buy its competitor Golan Telecom for $172.59M.