China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that brought a truce to a bruising trade war between the world's two largest economies.
Oil futures rose for a second day on Thursday amid investor optimism over unconfirmed reports of possible advances in combating the coronavirus outbreak in China which could cause fuel demand to rebound in the world's biggest oil importer.
Sanofi said on Thursday its earnings per share were likely to rise by around 5% in 2020, weeks after it promised to focus on vaccines and key treatments including eczema medicine Dupixent until 2022.
French energy major Total said on Thursday that its net adjusted profit for the fourth quarter of 2019 was steady at $3.2 billion compared with the same period a year ago, supported by strong cash flow, despite low oil prices.
Norwegian Air cut its capacity by a bigger-than-expected 29% in January from a year earlier, removing unprofitable routes while boosting its income from remaining flights, its traffic data showed on Wednesday.
BP is seeking buyers for its stake in a major Algerian gas plant deep in the Sahara desert after recent talks on a sale to Russian oil giant Rosneft failed, three industry sources told Reuters.
Total beat forecasts on Thursday by keeping net adjusted profit for the fourth quarter steady at $3.2 billion and fulfilled its pledge to boost dividends despite low oil prices, lifting the French energy major's shares by 3%.
Deutsche Bank said on Thursday that Capital Group now holds a 3.1% stake in the German bank, making the Los Angeles-based firm one of its largest shareholders.
Cost cuts helped Nokia to a surprise rise in its October-December underlying profit on Thursday, although the Finnish telecom network equipment maker flagged tough times ahead and said it would not propose a dividend for 2019.
Japan's Mitsubishi Heavy Industries said on Thursday it will book a 496.4 billion yen ($4.5 billion) special loss after its aircraft unit delayed the delivery of its SpaceJet regional jet for at least another year until after March 2021.
Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe.
Stock markets across the world gained on Thursday, helped by record highs on Wall Street and a move by China to halve tariffs on some U.S. goods as investors bet that the global economy would avoid long-term damage from the coronavirus.
French drugmaker Sanofi on Thursday forecast further profit growth for 2020 even as it drops some research in areas such as diabetes in a shake-up to narrow its focus on blockbuster treatments including eczema medicine Dupixent.
Honda Motor Co is considering keeping operations suspended for longer than planned at its three plants in the Chinese city at the center of the new coronavirus outbreak, the Nikkei newspaper reported on Thursday.
Britain is seeking far-reaching reductions in tariffs from a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.