Venezuela has opened talks with China over possible financial support to cope with a sharp drop in oil prices and the arrival of the novel coronavirus, four sources familiar with the negotiations said.
EU antitrust regulators opened on Wednesday a full-scale investigation into Johnson & Johnson's buy of Takeda Pharmaceutical Co's surgical patch product TachoSil, saying the deal may hurt competition and innovation.
The havoc wrought by the coronavirus crisis could give investors leverage to put new limits on CEO pay packages and link them more closely to a range of social and environmental issues at companies' annual meetings this spring.
British industry expects the government to give the go-ahead to an emergency ventilator production plan on Wednesday that will see a number of firms join forces to tackle the coronavirus outbreak, three sources told Reuters.
China has suspended sale, import and use of Bristol-Myers Squibb Co's cancer drug, Abraxane, the U.S. drugmaker's China marketing partner said on Wednesday.
The U.S. Securities and Exchange Commission (SEC) said on Wednesday it would extend its prior conditional regulatory relief from disclosure requirements for public companies affected by the coronavirus.
The roughly US$2 trillion emergency aid package being negotiated in Congress is "scaled about right" to match the hit to the economy needed to battle the coronavirus, St. Louis Federal Reserve president James Bullard said on Wednesday in a CNBC interview.
MAYBANK announced on Wednesday that it is offering complimentary remittance services for Malaysians working and living in Singapore who have been affected by Malaysia's movement control order.
The world's biggest oil and gas companies are slashing spending this year following a collapse in oil prices driven by a slump in demand because of coronavirus and a price war between the top exporters Saudi Arabia and Russia.
Fallout from the coronavirus outbreak may finally lift the curse of the safe-haven yen for Japan but policymakers fear fiscal laxity could lead to a currency free-fall eventually, undermining efforts to cushion the economy from the pandemic.
