Bloomberg Iberdrola SA expects sharp growth in profit this year, driven by rising power output after earlier investments in renewable energy and transmission assets ramped up. Earnings before interest, taxes, depreciation and amortisation rose 8.1% to a record $11 billion in 2019 from a year earlier, roughly meeting the average estimate of 10.01 billion euros by 19 analysts surveyed by …

Bloomberg Stocks dropped globally and US index futures fluctuated on Wednesday as investors fretted fresh evidence of the widening coronavirus outbreak. Gold advanced and Treasuries were steady. The Stoxx Europe 600 Index fell for a fifth straight session, suffering its longest losing streak since July, as companies including Diageo Plc and Danone SA warned the virus outbreak will hit their …

Bloomberg Thailand confirmed three more novel coronavirus cases, taking the country’s total to 40, and said it will step up efforts to contain the disease. The stock market slumped the most since 2014. The new cases are in one family and include two people who returned from Hokkaido in Japan and are thought to have contracted the illness there, Permanent …