The coronavirus epidemic already has disrupted travel and access to goods for U.S. industry, and businesses nationwide have sounded the warning that things could get worse, the Federal Reserve said Wednesday.

While activity in the world's largest economy continued to grow at a modest to moderate pace in recent weeks, the outlook was becoming more uncertain, according to the Fed's beige book survey.

Wall Street jumped early Wednesday after Joe Biden's strong performance in the Democratic Super Tuesday primaries boosted his chances against leftist Bernie Sanders.

BMW on Tuesday presented its "i4" electric concept car set for release in 2021, as Germany's high-end manufacturers scramble to offer drivers a credible alternative to Tesla.

Global financial leaders vowed to ward off a widespread financial crisis threatened by the coronavirus Tuesday, after the UN health agency said the world has entered "uncharted territory" with the outbreak's rapid spread.

Sales of hand sanitizer in Britain have more than tripled as nervous customers sought to protect themselves from coronavirus, data showed Tuesday.

Most Asian markets rose for a second day Tuesday following a blockbuster surge on Wall Street fuelled by hopes for a concerted global response to the coronavirus.

The OPEC club of oil-producing countries meets Thursday in Vienna as they weigh how to react to a sharp drop in global oil demand due to the outbreak of the new coronavirus.

Finance ministers and central bank chiefs from G7 countries, including U.S. Federal Reserve Chair Jerome Powell will hold talks on Tuesday as the coronavirus threatens the global economy, the U.S. Treasury said Monday.

U.S. Treasury Secretary Steven Mnuchin and Powell "will lead a call with their G7 counterparts tomorrow morning," Treasury confirmed in a statement.

British Airways and Ireland's Ryanair on Monday announced major flight cancellations particularly to Italy, in response to the worsening novel coronavirus outbreak, while Germany's Lufthansa  extended cutbacks.

Venezuela said Monday it had arrested two officials from state oil company PDVSA for providing the US with "strategic and sensitive" details of its sanctions-hit oil operations.