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In February, the European Commission estimated a 1.4% rise in GDP for the EU this year.

Egyptian billionaire Naguib Sawiris said he would buy airlines, going against fellow billionaire investor Warren Buffett, who announced that Berkshire Hathaway sold all airline stocks at the firm's annual meeting on Saturday.

The IHS Markit India Services Business Activity Index came in at 5.4 in April — markedly lower than the previous month's 49.3, according to the latest data release.

The coronavirus pandemic might have peaked, but the political fallout from it is just picking up pace and investors are getting very worried, said an economist on Wednesday.

Extending social contact to small groups outside our own households has been suggested as a way to get out of lockdowns but experts question how practical this strategy is to implement.

Disagreements with U.S. President Donald Trump could drive Europe to step up levies on companies like Google and Facebook, a lawmaker told CNBC.

A British scientist advising the government on its coronavirus response resigned from his role on Tuesday.

During the Labor Day holiday that ran from May 1 to May 5 this year, China recorded tourism revenue of 47.56 billion yuan ($6.79 billion), down nearly 60% from last year, according to the Ministry of Culture and Tourism.

BMW on Wednesday reported a 133% rise in first-quarter operating profit, due to the absence of a one-off provision in the year-earlier period.

Migrant workers living dormitories have accounted for around 87.6% of Singapore's total 19,410 confirmed cases as of Tuesday, according to the health ministry.

From spring breaks to summer holidays, the coronavirus pandemic has disrupted travel plans globally as lockdown measures keep much of the world's population at home.

The ruling put Bernie Sanders, Andrew Yang and other candidates back on the ballot. Yang sued the State Board of Elections after it canceled the primary, NBC News reports.

Virgin Galactic reported first quarter results after the market closed on Tuesday.

Apparel retailer Nordstrom said on Tuesday it would close 16 stores and restructure its operations in an effort to cut costs and weather the impact of the Covid-19 pandemic.

The initial inquiry, which is being conducted by the office's Civil Division, is in a fact-finding stage after the women raised their concerns publicly.

Trump said reopening parts of the nation's economy now would inevitably cost some Americans their lives. But he argued that the benefits outweighed the costs, in an interview on ABC.

Bader was treated at Johns Hopkins hospital in Baltimore and is resting comfortably and plans to take part in Wednesday's teleconference arguments, the court said.

Investors were optimistic about states' reopening plans as early evidence that the U.S. economy may finally begin to recover.

"[A]s the country gradually reopens, there are some industries that should do much, much better," the "Mad Money" host said.

President Donald Trump did not wear a mask as a coronavirus precaution during a visit Tuesday to a Honeywell factory in Arizona that is producing millions of N95 masks.