CNBC World News

Peloton said Thursday it expects its fiscal fourth-quarter sales to take a $165 million hit due to a treadmill recall.

China is responsible for more than 27% of total global emissions, a new study says. The U.S. accounts for 11% of the global total.

Moderna CEO Stephane Bancel said Thursday the company expects more variants of the coronavirus will emerge in the coming months.

Square's bet on bitcoin is paying off.

Pfizer fell Thursday by as much as 5% from Wednesday's close while Moderna dipped by almost 12% before both stocks recovered most of those losses.

Rising asset prices in the stock market and elsewhere are posing increasing threats to the financial system, the Fed warned in a report Thursday.

The gains in the stock market came after a better-than-expected reading on jobless claims.

Pentagon spokesman John Kirby has previously said that Defense Department leadership will continue to assess security threats in Afghanistan against troops.

The world could slash human-caused methane emissions by up to 45% this decade, according to the U.N.'s Global Methane Assessment.

In Britain, some investment platforms are lobbying for the government to let retail investors take part in IPOs.

The world risks "running out of copper" amid widening supply and demand deficits, according to Bank of America, and prices could hit $20,000 per metric ton by 2025.

On inflation, the BOE said it expects the consumer prices index to temporarily climb above its 2% target toward the end of this year.

Facebook, the world's largest social media platform, found itself in a public dispute with communications app Signal this week over an ad campaign.

The Russian Direct Investment Fund said the one-shot "Sputnik Light" Covid vaccine had an efficacy rate of 79.4% and would cost less than $10 a dose.

The brighter economic forecast comes as the country gradually emerges from lockdown and more people are vaccinated against Covid-19.

Tensions between France and the U.K. are growing over fishing rights.

The Biden administration announced Wednesday that it supports waiving intellectual property protections for Covid-19 vaccines.

Facebook's oversight board effectively punted the decision on the length of the suspension back to the social media company.

The EU is ready to discuss the waiving of intellectual property rights for Covid-19 vaccines, after the US said it supports the initiative.