Somali piracy has risen sharply adding to maritime shipping threats in a region of the world already dealing with Red Sea chaos caused by Houthi attacks.
It comes as consumer adoption for EVs has been slower than many expected, causing some automakers to delay or cut investment plans for all-electric vehicles.
British oil giant BP on Tuesday announced plans to boost shareholder returns, even after a sharp drop in full-year profits aligned with lower oil prices.
"We have two candidates running. One's bad, the other one's worse. I don't know who's bad, I don't know who's worse," Cooperman said on CNBC's "Squawk Box."
Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth $1 billion in the second half of the year.
Nintendo said it now expects to sell 15.5 million of its flagship Switch consoles in its current fiscal year, upping a previous forecast of 15 million.
Various Chinese financial authorities have commented on the onshore China stock market rout in the last three days, underscoring a familiar Beijing playbook.
The rise of online shopping, social media and easier access to factories are driving the growth of new consumer brands in parts of Asia — putting pressure on traditional industry giants.