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Crashing U.S. stocks on Thursday confirmed Wall Street is in a bear market after new travel restrictions to curb the coronavirus spread spooked investors and rattled world markets.

U.S. home rental company Airbnb Inc's bookings in major cities across the world have taken a blow due to coronavirus-fueled uncertainty in the travel industry, data from Airbnb-analytics firm AirDNA shows.

Brent crude slid 7% on Thursday after President Donald Trump restricted travel to the United States from Europe as part of measures to try to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic.

Rio Tinto Ltd will pay out part of a delayed bonus to former Chief Executive Sam Walsh after a dispute resolution process found that the payments should not be held up, both parties said on Thursday.

U.S. President Donald Trump signed legislation on Thursday to bars the use of U.S. subsidies by carriers to purchase network equipment from Huawei Technologies and other companies deemed a national security threat.

Analysts and economists increasingly expect the Federal Reserve to roll out measures beyond interest rate cuts and bond purchases to ensure financial markets keep operating smoothly and banks have ample liquidity during the coronavirus outbreak.

Panic hit world financial markets on Thursday, after stimulus efforts from the European Central Bank failed to calm investors alarmed by U.S. moves to restrict travel from Europe over the coronavirus pandemic.

Verizon Communications Inc on Thursday raised its full-year capital expenditure as it accelerates its transition to 5G network.

The number of Americans filing for unemployment benefits unexpectedly fell last week as employers continued to hold on to their workers, but the coronavirus pandemic is expected to lead to an increase in layoffs as companies battle supply chain disruptions and sagging demand for some goods and services.

The U.S. Labor Department on Thursday gave states flexibility to amend their laws to provide unemployment benefits in events related to the coronavirus in an effort to limit the damage on the economy from the pandemic.

France's competition watchdog is set to fine iPhone maker Apple Inc next Monday over anti-competitive behaviour in its distribution and sales network, two sources close to the matter said on Thursday.

Brent crude slid 8% on Thursday after U.S. President Donald Trump restricted travel from Europe among measures to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic.

American Airlines Group Inc's flight attendants union said on Thursday it was bracing for an increase in flight cancellations after sweeping U.S. restrictions on travel from Europe.

Airlines bore the brunt of a dramatic expansion of the coronavirus crisis on Thursday, as U.S. travel curbs on much of continental Europe deepened the sector's misery and piled more pressure on governments to offer emergency support.

Billionaire investor Carl Icahn has raised his stake in Occidental Corp to nearly 10% from 2.53% at the end of last year and once again pushed for an overhaul of the oil and gas producer's board, an SEC filing http://bit.ly/2Qb9byt on Thursday showed.

Emirates, one of the world's biggest international airlines, expects to cancel more flights and has frozen recruitment as it faces what could be its biggest challenge in many years, the coronavirus outbreak, internal emails seen by Reuters showed.

The U.S. Labor Department on Thursday gave states flexibility to amend their laws to provide unemployment benefits in events related to the coronavirus in an effort to limit the damage on the economy from the pandemic.

Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the outbreak spread further through New York City.

Deutsche Bank's top executives sought to assure employees and investors over its ability to weather the coronavirus as shares in the German lender hit a new low on Thursday amid a wider stock market sell-off.

France's competition watchdog is set to fine iPhone maker Apple next Monday over anti-competitive behavior in its distribution and sales network, two sources close to the matter said on Thursday.