Switzerland on Friday banned large events expected to draw more than 1,000 people in a drive to curb the new coronavirus epidemic, prompting cancellation of the Geneva car show and grumbling from businesses watching demand vanish.
Kuwait Airways will operate a flight to Thailand's capital, Bangkok, to evacuate Kuwaiti citizens there, the information ministry said on Twitter on Friday.
Traders who rushed to buy Virgin Galactic in its February boom are moving on to stocks that could benefit from the coronavirus.
If you're like many investors, you're probably tempted to move your 401(k) around as the market falls. Before you do that, you need to revisit your long- and short-term plans. These guidelines can help you decide when to stay put and when to take advantage of lower prices.
Clorox, Regeneron Pharmaceuticals and Gilead Sciences have all gained this week despite the broader market sell-off.
Goldman Sachs expects the coronavirus to drive the Federal Reserve to cut U.S. interest rates by 75 basis points by June it said on Friday, implying as many as three cuts starting at its next meeting in March.
Intesa Sanpaolo has picked JP Morgan, Morgan Stanley, UBS and Equita Sim as advisers for its bid on rival UBI Banca , Italy's biggest retail bank said on Friday.
Wall Street plunged in a volatile trading session heading into the weekend, extending a steep selloff from last week as the fast-spreading coronavirus raised fears of a global recession.
British budget airline easyJet warned on Friday it had seen a "significant" softening of demand into and out of its northern Italian bases and a reduction across its other European markets due to coronavirus.
Aerospace engineer Rolls-Royce reported a 2019 operating loss of 852 million pounds ($1.11 billion), after the cost of tackling durability problems with its Trent 1000 engine eclipsed record engine deliveries and a good after-market performance.
The London Stock Exchange Group said on Friday it would complete its $27 billion takeover of analytics company Refinitiv on time this year as it reported higher-than-expected annual income, driven a jump in clearing activity.
Hyundai Motor shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models such as Palisade sport utility vehicle.
Fast Retailing , which operates casual clothing chain Uniqlo, said on Friday it had reopened more than 100 stores in China in the past week, while 125 remained closed due to the coronavirus outbreak.
European airlines stepped up their warnings over the coronavirus outbreak on Friday, with British Airways-owner IAG and Finnair flagging a hit to profits and easyJet reporting a big drop in demand into and out of a virus-affected region in Italy.
British Airways-owner IAG said on Friday that coronavirus would hit its earnings this year but it wasn't sure by how much, becoming the latest airline to warn about the impact of the rapidly evolving outbreak.