For the first time in 60 years, Asia as a region will not register any economic growth this year because of the coronavirus pandemic, according to IMF forecasts.
"You could have the universities do the testing. You could have the universities do the analysis of the data and help with planning how to deal with it," deCODE Genetics CEO Kári Stefánsson told CNBC.
Bed Bath & Beyond said that its results in 2020 "will be unfavorably impacted" by the crisis, and so it will not be offering a first-quarter nor full-year outlook.
American Airlines CEO Doug Parker said the airline is starting to see signs of demand returning late in the year but that it's too early to tell when travelers will return en masse.
Europe has long been an attractive place for Chinese firms looking to invest and acquire, and the recent bout of weakness in stocks, particularly key tech firms, could increase interest.
"My stance is if we don't do something quickly in the face of a pandemic, you are going to cripple this domestic industry on the other side," CEO Matt Gallagher told CNBC.