Reuters Business News

About a quarter of China's new confirmed cases and almost all of those outside the epidemic's epicentre in Wuhan originated outside the country on Friday, according to official data.

The number of coronavirus cases in the United Arab Emirates has risen to 45 from 30, the Health Ministry said on Saturday.

The number of coronavirus cases in the United Arab Emirates has risen to 45 from 30, the health ministry said on Saturday.

South Korea's coronavirus cases rose to 6,767 on Saturday, up by 174 from late Friday, with more than 60% of the total cases linked to a secretive church at the center of the country's outbreak, health authorities said.

Bargain-hunting investors are eyeing the shares of airlines, hotels, cruise lines and other companies that have been among the worst-hit by the coronavirus outbreak.

A draft interim report from Ethiopian crash investigators circulated to U.S. government agencies concludes the March 2019 crash of a Boeing Co 737 MAX was caused by the plane's design, two people briefed on the matter said Friday.

A U.S. House investigative report into two fatal Lion Air and Ethiopian Airlines crashes on a Boeing 737 MAX faulted the Federal Aviation Administration's (FAA) approval of the plane and Boeing's design failures, saying the flights were "doomed."

Ethiopian crash investigators have tentatively concluded that the crash of a Boeing Co 737 MAX last year was caused by the plane's design, Bloomberg News reported on Friday, citing a draft report being circulated to participants in the probe.

Facebook said on Friday it is closing its London offices until Monday after a visiting employee from Singapore was diagnosed with coronavirus.

South Korea's new confirmed coronavirus cases on Saturday rose by 174 from late Friday, taking the national tally to 6,767, the Korea Centers for Disease and Control and Prevention (KCDC) said.

Twenty-one people aboard a cruise ship that was barred from docking in San Francisco have tested positive for coronavirus, U.S. officials said on Friday, as the fast-spreading respiratory disease was reported in half a dozen new U.S. states.

The Federal Aviation Administration on Friday proposed fining Boeing Co $19.7 million for allegedly installing equipment on hundreds of 737 aircraft containing sensors in heads-up displays that regulators had not approved for use.

Goldman Sachs ranked as the top adviser to companies targeted by activist investors in 2019, dethroning Morgan Stanley, which had held the top spot for three straight years, according to Refinitiv data published on Friday.

Saudi Arabia limited on Saturday land crossings with the United Arab Emirates, Kuwait, and Bahrain to commercial trucks only, with arrivals from the three countries temporarily limited to three airports as a precaution taken over the spread of the coronavirus, Saudi news agency SPA reported.

Mainland China had 99 new confirmed cases of coronavirus infections on Friday, the country's National Health Commission said on Saturday, down from 143 cases a day earlier.

The U.S. government is preparing to impose new measures as soon as next week to stifle Venezuela's oil exports, including a move not to renew Chevron Corp's license to do business with state-run company PDVSA, sources familiar with the matter said.

Austria is introducing "spot" health checks at its border with Italy for two weeks as of next week in response to the coronavirus outbreak, in which Italy is the hardest-hit country in Europe, Chancellor Sebastian Kurz said on Friday.

Kuwait suspended on Saturday all flights to and from Egypt, Lebanon, Syria, Bangladesh, Philippines, India, and Sri-Lanka for a week starting on Saturday, Kuwait's civil aviation directorate said in a tweet.

U.S. stocks fell on Friday as fears of economic damage from the spread of the coronavirus intensified, though Wall Street's major indexes ended well above their session lows.

Bank of America Corp is asking clients about their coronavirus exposure and preparations as part of its evaluation process of which deals to underwrite, according to sources.