Markets

ConocoPhillips issued a muted annual outlook on Tuesday, expecting a hit from weaker oil demand growth due to the coronavirus outbreak and disruptions at its operations in Malaysia and Libya.

Siemens is buying Iberdrola's stake in Siemens Gamesa renewable energy , the German engineering company said, as it prepares to merge the business with its own energy unit ahead of a floatation later this year.

Google Chief Executive Sundar Pichai over the last three years has touted the business prospects of what he has called "three of our biggest bets: YouTube, cloud and hardware."

Shale pioneer John Hess said on Tuesday that key U.S. shale fields are starting to plateau, calling shale "important but not the next Saudi Arabia."

Canada's Bombardier Inc is in talks to sell its business-jet unit to U.S. maker of Cessna jets, Textron Inc, the Wall Street Journal reported, citing people familiar with the matter.

China-based Luckin Coffee Inc's shares could double in price after it overcomes the negative impact of the coronavirus outbreak and a widely publicized bearish bet against its stock, according to Andrew Left, managing partner at hedge fund Citron Capital.

The Federal Communications Commission (FCC) on Tuesday urged seven gateway service voice providers to assist in tracking down the originators of illegal foreign robocalls.

LONDON: European stock markets rallied strongly on Tuesday (Feb 4), as trading floors assessed the early impact of China's deadly novel coronavirus on the economy. Gains overnight on Wall Street saw Asia follow suit while leading European indices all closed with strong gains of around 1.5 per cent ......

Chipmaker Nvidia Corp on Tuesday opened up for membership its cloud-based game streaming service GeForce NOW, taking on Google's Stadia in a market that is primed for high growth over the next few years.

Alphabet Inc shares fell 4per cent on Tuesday after the search giant posted its first holiday-quarter revenue miss in five years, even as new disclosures on the company's smaller YouTube unit were warmly welcomed by Wall Street.