NMC Health removes CEO amid investigation of UAE firm’s finances
NMC Health has removed Chief Executive Prasanth Manghat with immediate effect and granted its finance chief extended sick leave, as more details emerge from an investigation into the UAE healthcare firm’s finances.
Stocks, oil fall as coronavirus fears grip markets
Stocks and oil prices resumed their fall on Wednesday after authorities said more than 80 people were being monitored for the novel coronavirus in New York state’s Long Island, adding to concern over its spread in Europe, Asia and the Middle East.
Senator Rubio seeks U.S. review of sale of AT&T unit to Czech-owned conglomerate
U.S. Senator Marco Rubio on Wednesday asked the Trump administration to review the national security implications of AT&T’s Inc’s planned sale of its majority stake in Central European Media Group Enterprises (CME) to the Czech-owned conglomerate PPF Group.
U.S. stock exchanges say prepared for coronavirus
U.S. stock exchanges said on Wednesday they were watching coronavirus-related developments closely and had contingency plans in place to continue running if any of their operations were affected.
Google defeats conservative nonprofit’s YouTube censorship appeal
Google persuaded a federal appeals court on Wednesday to reject claims that YouTube illegally censors conservative content.
EU open to more spending in countries hit by coronavirus outbreak
Italy and other euro zone countries hit by the coronavirus outbreak are expected to benefit from waivers under EU fiscal rules that will allow them to spend more to tackle the emergency, the bloc’s economics commissioner said on Wednesday.
Oil prices drop to lowest in more than a year as coronavirus spreads
Oil prices fell to their lowest in more than a year on Wednesday after hundreds of new coronavirus cases reported in Europe and the Middle East stoked fears that energy demand would decline, and on concerns that the virus could spread across the United…
California’s self-driving car companies cover 2.9 million miles in 2019: DMV
Self-driving car companies in California covered nearly 2.9 million miles on public roads during 2019, the state’s Department of Motor Vehicles said on Wednesday.
Wall Street loses ground on fears of NY virus spread
U.S. stocks lost ground with the S&P falling to session lows in a volatile session on investor jitters on Wednesday over the prospect of coronavirus cases in New York after officials said they were monitoring 83 people who visited China.
Nokia explores strategic options: Bloomberg News
Finnish telecom network equipment maker Nokia Oyj is exploring strategic options and is working with advisers to consider potential asset sales and mergers, Bloomberg News reported on Wednesday, citing people familiar with the matter.