Toyota Motor Corp on Wednesday said it planned to stop output at more vehicles plants in Europe and Asia as the spread of the coronavirus prompts countries to instruct non-essential businesses to suspend operations.
BlackRock Inc executives who set the asset manager's influential proxy votes on Tuesday outlined tougher priorities tied to climate change and executive pay for the upcoming corporate annual meeting season.
Global stocks stumbled back into the red on Wednesday with Wall Street futures pointing to more losses ahead as fears over the coronavirus fallout eclipsed large-scale support measures rolled out by policymakers around the globe.
French unions are urging Airbus to keep its French factories closed beyond March 23, when it plans to resume production after a four-day shutdown, raising questions over the knock-on impact on plants elsewhere in Europe.
Australia and Taiwan joined governments offering financial aid to airlines as coronavirus and stricter travel controls forced carriers to deepen cuts to capacity and staffing.
Oil prices dropped to their lowest level in nearly 18 years as the coronavirus outbreak saps demand.
Rolls-Royce motor cars said it would suspend production at its British plant for two weeks to ensure the health of its employees.
EasyJet launched an early sale on cut-price winter 2020-21 flights, even as the airline industry heads into a deepening coronavirus crisis that threatens to ground most of the British low-cost carrier's planes.
The Belgian government held talks with representatives from the country's airline and travel industries on Wednesday as they seek state support to help with their fight for survival in the face of the coronavirus pandemic.
Cash-strapped Chinese electric vehicle (EV) maker Nio Inc said on Wednesday there was substantial doubt in its ability to continue as a going concern.
Sharp Corp has filed a patent infringement lawsuit against the Japanese unit of Tesla Inc , seeking an injunction to halt imports of some electric vehicles (EV) to Japan, a source familiar with the matter said on Wednesday.
Israel's biggest bank, Hapoalim, said on Wednesday it expects to pay $870 million to settle a U.S. tax evasion investigation.
Japanese automakers on Wednesday said they would temporarily close more vehicle plants in Europe and Asia as the spread of the coronavirus prompts countries to instruct non-essential businesses to suspend operations.
The impact of the current turmoil related to the coronavirus is more likely to affect Deutsche Bank later this year rather than in the first quarter, an executive said on Wednesday.
U.S. stock index futures tumbled on Wednesday, pointing to another volatile session for Wall Street as a bounce from sweeping stimulus measures was eclipsed by growing signs of coronavirus damage to corporate America.