New vehicle registrations in the UK decreased 7.3% year-over-year to 61.7K in January, reversing a jump in December, industry figures revealed.
AWS, the Amazon.com's cloud computing unit, is set to invest $236M in Brazil's Sao Paulo in the next two years to strengthen the company's infrastructure in South America.
Coty beat forecasts for quarterly revenue and profit, as the company sold more products for nail care in Europe, sending shares up 10% in premarket trading.
The US trade deficit declined for the first time in six years, falling 1.7% to $616.8B in 2019, as the trade war with China affected the import bill.
Airbus announced on Wednesday that the company has halted production in its assembly factory in China, Tianjin.
On Wednesday, as the new CEO Bernard Looney of BP started his first day of work, the London office of BP was shut down due to protestors blocking the entrance.
Foxconn announced on Wednesday that the company would gradually restore its production during the upcoming weeks.
During Wednesday's European and Asian trading sessions, stock indices surged, as a cure for coronavirus had been found.
On Wednesday, crude oil price benchmarks surged by more than three percent. The event was attributed to the development of a drug for coronavirus.
On Tuesday, the Intercontinental Exchange Inc said that it had approached eBay Inc to explore a potential deal.
On Wednesday, Masazumi Wakatabe, the Deputy Governor of the Bank of Japan, said that the Central Bank is ready to ease stimulus if Japan's economic recovery is hindered.
Global companies have warned that the virus outbreak in China is likely to upset supply chains. Carlsberg expects the virus to hurt business and Baidu postponed the announcement of its Q4 results.
According to sources with knowledge of the matter, the US government plans to meet on February 28 to discuss new ways to curb Huawei technology.
On Wednesday, the Central Bank of Singapore said that there is enough room within the monetary policy band to support an easing of the Singapore Dollar Nominal Effective Exchange Rate.
Asian shares remained stable on Wednesday, as the Chinese stocks edged higher. MSCI's broadest index was up by 0.36%, while shares in China rose by 0.5%.
The German multinational conglomerate company Siemens announced on Tuesday that it had approved the purchase of Iberdrola's shares in Siemens Gamesa for 1.1 billion euros.
According to the Reuters report, Michael Cleary, the former Santander Holdings executive, has been hired by Wells Fargo & Co to supervise sales practices.
Hyundai Motor Company revealed on Monday that the company would halt manufacturing in South Korea, as the coronavirus has caused a disruption of the supply of parts.
On Tuesday, the Danish beer brewer Carlsberg announced that the company's sales have declined in China. The fall of sales was attributed to the coronavirus.
Reuters published on Tuesday a report that stated that the travel restrictions that have been caused by the coronavirus could cost the US tourism industry $10.3 billion.
On Tuesday, Regeneron Pharmaceuticals and The US Department of Health and Human Services announced that they would develop a treatment for the coronavirus.
Eurostat reported that prices at factory gates in the Euro zone dropped 0.7% year-over-year in December, following a 1.4% fall in November, in line with expectations.
Google's main regulator in the EU, Ireland's DPC, launched an inquiry to establish whether Google has effective legal basis to process users' location data.
On Tuesday, Cathay Pacific Airways announced that the company intends to cut 30% of capacity by reducing 90% of flights to China.