Oil prices extended gains on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover from the epidemic.
JPMorgan has been picked as an adviser for the sale of a stake in a $7.3 billion motorway in Turkey, four sources familiar with the matter said.
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.
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.
Dutch bank ABN Amro reported on Wednesday fourth-quarter net income that missed analysts' estimates, hurt by lower interest income and higher impairments.
Britain's biggest telecoms group BT said on Wednesday it was pulling out of the Mobile World Congress in Barcelona because of the coronavirus outbreak.
French telecoms group Orange has also decided to pull out of the Mobile World Congress telecoms event in Barcelona due to concerns over the coronavirus, said a source close to the matter on Wednesday.
PVH Corp said on Wednesday it had temporarily closed majority of its Calvin Klein and Tommy Hilfiger stores in China due to the coronavirus outbreak.
BP plans deep cuts to its carbon emissions by 2050, setting one of the oil sector's most ambitious targets, as part of the biggest overhaul in the company's 111-year history by new chief executive Bernard Looney.
Spanish health officials said on Wednesday there was no reason to cancel the Mobile World Congress in Barcelona over coronavirus fears, despite major companies pulling out of the event.
All three major U.S. stock averages reached record highs on Wednesday as news that the dreaded coronavirus could be running out of steam kept buyers in the ring.
SelectQuote has hired investment banks for an initial public offering (IPO) that could value the owner of the eponymous insurance policy comparison website at more than $2 billion, including debt, according to people familiar with the matter.
Alstom's board will meet late on Wednesday to discuss buying Bombardier's rail unit, sources familiar with the matter said, and a media report said the French train maker had valued the business at just under $7 billion.
Boeing Co is unlikely, for several years, to hit the monthly 57-unit production rate it had targeted for the 737 MAX preceding the grounding of the jet due to delays in regulatory approval, Chief Financial Officer Greg Smith said on Wednesday.
SoftBank Vision Fund has around 50 winners in its $100 billion portfolio and a dozen or more companies could pursue listings over the next 18 months, Rajeev Misra, chief executive of SoftBank Investment Advisers, said on Wednesday.