German engineering company Siemens , hit by a global slowdown in power and gas and among industrial customers, said on Wednesday it missed forecasts for first-quarter sales and profit in what its chief executive called a "slow start to the year".
China's Huawei Technologies said on Wednesday it still planned to hold events around the forthcoming Mobile World Congress, a telecoms industry gathering that draws more than 100,000 visitors to Barcelona.
A Nissan car has completed a 230-mile journey autonomously in Britain, the longest and most complex such trip in the country as carmakers race to develop driverless technologies which are revolutionising travel.
Vodafone, the world's second largest mobile operator, will remove equipment made by Huawei from the sensitive core of its mobile networks in Europe after Britain decided to restrict the Chinese company's role in 5G.
The airline industry is "without question" healthy enough to absorb a significant downturn in China's economy, said Willie Walsh, chief executive of International Airlines Group, which owns British Airways.
A state-run Chinese research institute has applied for a patent on the use of Gilead Sciences' experimental U.S. antiviral drug, which scientists think could provide treatment for the coronavirus that has killed hundreds and infected thousands.
BANKING veteran Dennis Tan has been appointed CEO of Prudential Singapore, the insurer told The Business Times.
Danske Bank beat fourth quarter net profit expectations on Wednesday and said it expects to earn a net profit of 8-10 billion Danish crowns in 2020.
Japanese trading house Mitsubishi Corp is closely watching the development of a spreading coronavirus in China as it will affect the global economy and prices of natural resources, its chief financial officer said on Wednesday.
A run on the lira proved a pivotal moment for Turkey's financial markets in 2018, prompting action from Ankara that has tilted the economy inward and frightened off foreign investors.
