On Wednesday, European stock indices surged. The surge was attributed to the monetary easing done by the US, which made investments stocks more attractive.
Apple Inc's supplier Skyworks Solutions reduced its quarterly results outlook on Wednesday, blaming the coronavirus outbreak that disrupted distribution but stressing that its largely Asia-based output facilities had not been affected significantly.
Canada's billionaire and Aston Martin's investor, Lawrence Stroll, is considering the opportunity of sharing Formula One's technology with the carmaker's road cars range.
CloudMinds, a start-up backed by SoftBank, was banned from exporting the US-origin technology to China, marking new hurdles the tech companies should face due to the increased restrictions by the US government.
On Wednesday, General Electric stated it was expecting the coronavirus outbreak to cause the $300M-$500M hit to its Q1 cash flow, while reaffirming its profit and cash annual targets.
On Wednesday, the Bank of Korea stated that the US Federal Reserve rate cut gives the BOK more options in regards to monetary policy.
Canada's billionaire and Aston Martin's investor, Lawrence Stroll, is considering the opportunity of sharing Formula One's technology with the carmaker's road cars range, he stated on Wednesday.
Peixe, the Latin American e-commerce firm, has entered the advanced talks to take over Grow Mobility, the electric scooter start-up, potentially the latest acquisition in the crowded sector due to profitability remaining an elusive goal.
German retail sales rebounded by 0.9% in January in real terms following an upwardly revised plunge of 2.0% in the prior month, according to the data released by the Federal Statistics Office on Wednesday.
Nokia is set to slash up to 148 jobs this year in Finland, excluding the 5G development operations, the Finnish network equipment producer stated on Tuesday evening.
On Wednesday, Taiwan's Minister of Statistics Agency said that Taiwan would have no problem to maintain the GDP growth of 2% in 2020.
The Speaker of Malaysia's Parliament Mohamad Ariff Md Yusof said on Wednesday that the Prime Minister Muhyiddin Yassin has asked for the Parliament session to be delayed by two months.
On Tuesday the global e-commerce giant AliExpress warned customers that some shipment could go through delivery delays due to the coronavirus.
ECB's policymaker and the Bank of France Governor Francois Villeroy de Galhau said on Tuesday that the ECB could take appropriate and targeted measures to support the economy due to the coronavirus.
On Tuesday, the US package delivery firms FedEx Corp and United Parcel Service warned the coronavirus outbreak might hurt shipping operations in the affected countries and potentially hit their Q1 results.
Lufthansa's CEO Carsten Spohr has supported the planned Boeing's $4.0B takeover of the Embraer's commercial aircraft activities, as the German carrier's head sees such a move to create a level playing field.
Nokia is set to slash up to 148 jobs this year in Finland, excluding the 5G development operations, the Finnish network equipment producer stated on Tuesday evening.
EBay was looking to sell the company's South Korean unit, including one of the largest online marketplaces Gmarket, in a deal totalling nearly $5B.
New electric models are expected to help Daimler and BMW to cut emissions from the cars an average 20% in 2020, the German automakers stated.
The US private equity firm Clayton, Dubilier & Rice agreed to acquire the UK healthcare company Huntsworth for $511M in a bid to extend growth in global healthcare market.
It was revealed on Tuesday by Reuters that financial officials of the G7 countries are scheduled to discuss ways to boost the global economy during the coronavirus outbreak.
On Tuesday, the government of the United Kingdom revealed a plan to battle the spreading of the coronavirus.
During Tuesday's European trading hours, heads of European airlines stated that the damage from the coronavirus outbreak is expected to increase.
On Tuesday, data published by European statisticians revealed that inflation had slowed down in February in the Euro Zone to a 1.2% year to year growth from 1.4%.