Global share markets nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak kept investors wary.
The global air cargo industry is unlikely to grow this year because of the challenges in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday.
A federal judge late on Tuesday dismissed some charges against Theranos Inc founder Elizabeth Holmes, but let stand wire fraud charges accusing her and an associate of misleading patients about the abilities of her company's blood tests.
China will be able to achieve its long-term goal of doubling gross domestic product and incomes this year despite the impact from a conoravirus outbreak, an influential economist at a top government think tank said on Wednesday.
Kering on Wednesday said the coronavirus health scare in China could heighten uncertainties for the luxury goods market, as the Gucci owner posted higher-than-expected sales for the fourth quarter of 2019.
Japan's SoftBank Group Corp said on Wednesday its third-quarter operating profit fell 99%, well short of analyst estimates, pulled down by a second consecutive quarter of losses at the $100 billion Vision Fund.
Heineken , the world's second-largest beer maker, said on Wednesday it expects operating profit this year to grow by a mid-single digit percentage after 2019 earnings came in line with expectations.
Clariant Chief Financial Officer Patrick Jany is exiting for a post at Maersk , the world's biggest shipping company, marking the latest management change at the Swiss speciality chemicals maker after its CEO jumped ship last year.
Dutch bank ABN Amro on Wednesday reported a stable net income of 316 million euros ($344.8 million) for the fourth quarter, missing analysts' expectations as interest income fell and impairments rose.
The coronavirus that spread from a seafood market in Wuhan, China to infect tens of thousands has shuttered businesses, grounded flights and killed over 1,000 people so far, mostly in China.
Heineken , the world's second largest brewer, expects to benefit from lower barley and aluminum costs this year after 2019 earnings rose exactly in line with expectations.
Nissan Motor Co on Wednesday said it had filed a civil lawsuit in Japan against former Chairman Carlos Ghosn seeking 10 billion yen ($91.02 million) in damages over his alleged financial misconduct.
Dutch bank ABN Amro reported on Wednesday fourth-quarter net income that missed analysts' estimates, hurt by lower interest income and higher impairments.
The banking division of British supermarket group Sainsbury's has started the search for a new chairman after Roger Davis notified the board he plans to step down, the firm said on Wednesday.
Ahold Delhaize , the U.S-European food retail giant, on Wednesday reported fractionally better than expected fourth-quarter core earnings on the back of strong performance at its Food Lion and Hannaford grocery chains in the United States.