Huawei Seeks Advisers for U.S. Image Makeover 
 

Under fire from the Trump administration, China's Huawei Technologies has approached high-profile figures in Washington to try to turn around negative perceptions of the company.

 
BASF Warns of Coronavirus Impact 
 

BASF said net profit fell to EUR150 million for the fourth quarter while sales also declined and it warned of the negative effects of the coronavirus for the current year.

 
LSE Revenue Meets Views 
 

LSE said that revenue climbed to GBP2.06 billion in 2019, matching analysts' expectations, but pretax profit fell on higher costs.

 
UBS CEO Sees Pay Cut After Bank Misses Key Targets 
 

UBS outgoing Chief Executive Sergio Ermotti received a pay cut last year after the bank cut its midterm targets and was slapped with a hefty fine related to a French tax-evasion case

 
IAG, EasyJet Warn on Coronavirus Hit to European Demand 
 

British Airways-owner International Consolidated Airlines and budget carrier EasyJet warned the spreading coronavirus epidemic was hurting customer demand and forcing them to cut routes and abandon profit guidance for the year.

 
Baidu Warns of Revenue Drop, Signaling Trouble for China's Private Sector 
 

Chinese search-engine giant Baidu warned its first-quarter revenue could drop 5% to 13% as the coronavirus epidemic wallops many of the sectors that fuel its bread-and-butter advertising business.

 
Got a Birkin Bag to Sell? That's a Problem for Hermès 
 

Birkin and Kelly handbags are more expensive to buy secondhand than new, making it hard for the French luxury brand to take control of the growing resale market

 
FCC Probe Finds Mobile Carriers Didn't Safeguard Location Data 
 

The FCC is seeking hundreds of millions of dollars in fines from top carriers that it found failed to safeguard information about customers' real-time locations, according to people familiar with the matter.

 
Cisco Plans New Round of Layoffs 
 

The networking-equipment maker faces the prospect of slowing sales growth because of global economic uncertainty.

 
Mexico's Pemex Logs Big Fourth-Quarter Loss 
 

The state-owned oil company lost $9 billion as it worked to stabilize its oil production and raise refining output.

 
 

(END) Dow Jones Newswires

February 28, 2020 07:00 ET (12:00 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.