CNBC World News

The Turkish lira has depreciated rapidly since the turn of the year, recently notching its weakest ever level against the dollar, but analysts suggest the risks are still skewed to the downside.

"It's a really uncertain world, and nobody really knows how it's going to develop over the next 12-18 months," Vikram Limaye told CNBC.

Critics of Sweden's controversial coronavirus strategy have called on the country's health officials to put measures in place to prepare for, and prevent, a potential second wave of the virus in the fall.

In Texas, new Covid-19 cases have fallen by 10% to an average of 7,381 a day from 8,203 two weeks ago, but testing is down by 53% over the same time.

Indian conglomerate Reliance Industries is in talks with ByteDance about an investment in TikTok's India business, according to a report.

Democratic vice presidential pick Sen. Kamala Harris blamed President Donald Trump for the severity of the coronavirus outbreak in the United States.

Willem Sels, global chief market strategist at HSBC Private Banking, believes that equities by-and-large remain supported by four factors.

The IEA lowered its oil demand forecasts for 2020 and 2021 on Thursday, identifying jet fuel demand as the "major source" of weakness.

The coronavirus has infected more than 20.4 million people around the world as of Thursday, killing at least 745,923 people.

TUI, the world's largest tourism company, sunk to a 1.1 billion euro ($1.3 billion) loss in its third quarter as the pandemic stopped holidays, and said it was making progress with cost cuts needed to help it withstand the crisis.

From the door to the sink to the toilet itself, airplane bathrooms are a touch point catastrophe. That's going to change, say companies that are producing "touchless tech" to revamp the entire experience.

Duterte had earlier this week volunteered to participate in trials for the Russian vaccine even as scientists and health experts questioned the safety and effectiveness of the drug.

Ailing conglomerate Thyssenkrupp on Thursday said some businesses were stabilizing in the current quarter after suffering a heavy blow due to the coronavirus pandemic.

Secretary of State Mike Pompeo's comments could hint at action against other Chinese apps or even TikTok parent company ByteDance or WeChat owner Tencent, both of which are named in the executive orders.

Asia-Pacific markets traded mixed on Thursday, following a surge in the U.S. markets overnight as tech stocks rallied.

Both carriers are based in markets that have no domestic demand in a time where international travel is still very limited, said Joanna Lu of Cirium.

China has so far bought less than a quarter of the targeted full-year amount of U.S. goods agreed under the deal, according to Peterson Institute for International Economics.

Some economies in Latin America could see a "record-breaking contraction" not seen since World War II, according to investment bank Goldman Sachs.

Airbus on Wednesday said it regretted a U.S. decision to keep in place 15% tariffs on Airbus aircraft despite European Union actions to comply with World Trade Organization rulings, and said it expected Brussels to defend European interests.

Lyft faces a threat to its business in California, where a judge issued a preliminary injunction that requires it to classify its drivers as employees eligible for benefits, not independent contractors.