The ruling stateside clears one of the final hurdles for the deal, which still can't close until the California Public Utilities Commission approves the transaction.
"We talked about China and the U.S. decoupling. The coronavirus more than the trade war has sped some of that decoupling as countries, as businesses think about their supply chain for the long run," said Curtis Chin, an Asia fellow at the Milken Institute.
"Having a name matters to prevent the use of other names that can be inaccurate or stigmatizing," Tedros Adhanom Ghebreyesus, director-general of the WHO, told reporters.
The WHO declared the virus a global health emergency last month, a rare designation that helps the international agency mobilize financial and political support to contain the outbreak.
"In short, we may only be seeing the tip of the iceberg," Tedros Adhanom Ghebreyesus, director-general of the World Health Organization, said in a tweet on Sunday.
The billionaire hedge fund manager's comments struck a calmer tone than some of the analysts and investors predicting a potential stock market correction.
Embraer's John Slattery told CNBC how the Brazilian plane-maker could benefit as airlines in Asia Pacific seek to service routes beyond major cosmopolitan areas.
Several automakers are reopening or preparing to restart factories in China on Monday after an extended holiday shutdown due to the coronavirus, which is now responsible for more than 900 deaths in the country.
Chinese hotpot chain operator Haidilao saw its stock plummet on Monday, along with other restaurant shares, as fears grew over the spread of the coronavirus outbreak.
World Health Organization officials are concerned about new coronavirus cases confirmed in France and the U.K. that were transmitted without any travel history to China.
"In short, we may only be seeing the tip of the iceberg," Tedros Adhanom Ghebreyesus, director-general of the World Health Organization, said in a tweet Sunday
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