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Thomson Reuters appoints Steve Hasker as CEO, earnings top estimates

Thomson Reuters maintained its organic revenue growth target of 4% to 4.5% in 2020

Federal Reserve seen slashing rates amid coronavirus threat, low inflation

Global central bankers, facing an economic threat from the virus, have for the most part taken a wait-and-see approach

Telecom Italia picks KKR as exclusive partner for Italian broadband

Sources have said KKR has also expressed an interest in buying a minority stake in TIM's last-mile network

Wall Street on record correction pace as Coronavirus fears intensify

All three major US indexes were set for their steepest weekly pullback since the global financial crisis, as new infections reported around the world surpassed those in mainland China.

Pfizer warns of hit to financial results on continued coronavirus outbreak

The outbreak that began in Wuhan at the end of last year has killed over 2,700 in China, with over 78,000 confirmed cases of infection, and has now spread to several other countries.

Thyssenkrupp sells elevator unit for $18.7 bn to Advent-led consortium

Thyssenkrupp said it would reinvest about 1.25 billion euros to take a stake in the unit

Coronavirus: Facebook cancels conference, Microsoft withdraws from another

Microsoft now has plans to hold a digital-only event from March 16-18. Facebook has earlier pulled out of the Game Developers Conference set to be held in San Francisco.

US mulls using sweeping powers to boost production of virus protective gear

U.S. health officials have told Americans to begin preparing for the spread of the virus in the United States

Goldman Sachs asks some to skip bank's conference over Coronavirus concerns

The "precautionary measures" follow similar moves taken by Morgan Stanley earlier this week, as global businesses seek to help prevent further spread of the deadly coronavirus

Tata Motors, two group firms accused of antitrust violations: Report

Competition Commission of India (CCI) is reviewing the allegations

Britain opens trade talks with EU, threatens to leave if no progress made

At the heart of the conflict is Britain's demand for a trade deal along the lines of one between the EU and Canada

Coronavirus: Wall Street opens in red, Dow falls 1.6%; S&P 500 down 1.7%

The Nasdaq Composite dropped 236.74 points, or 2.64%, to 8,744.03 at the opening bell

Nokia shares rise in falling market on talks of possible merger, asset sale

Shares in Nokia were 1.1 per cent higher mid-day in Helsinki, while European technology shares index was 2.1 per cent lower

Coronavirus outbreak: After Mastercard, now PayPal expects a revenue hit

"We currently estimate the negative impact from COVID-19 to be an approximate one percentage point reduction, to PayPal's year-over-year revenue growth for the first quarter," the company said in a s

Hosni Mubarak, the Pharaoh toppled by Arab Spring, dies at age 91

His story became Egypt's story for the next 30 years until, finally, his people found they could write it themselves, in a 2011 Arab Spring revolution that consigned him to history.

Citi, Credit Suisse, other banks curb Italy trips amid coronavirus: Report

The curbs come as coronavirus infections have soared across northern Italy over the past few days, causing seven deaths and nearly 300 cases

SBI Cards aims to keep non-performing assets at 2.4-2.5%: CEO Prasad

Gross non-performing assets stood at 2.47% at the end of last year, down from around 2.9% in March 2018

US still eyeing ways to curb sales to Huawei after Trump's remarks: Report

Trump told reporters last week he wanted U.S. companies 'to be allowed to do business'

Malaysia's Mahathir Mohamed returns as interim PM a day after resigning

The political crisis comes at a particularly bad time for the Malaysian economy, after growth fell to a decade low in the final quarter of last year

Coronavirus is very much under control in the US, says Donald Trump

'We are in contact with everyone and all relevant countries, he said on Twitter