CNBC World News

L'Oreal's sales rose in July for the first time since January, Chief Executive Jean-Paul Agon said on Friday, striking a more upbeat tone for the rest of the year with signs of a turnaround in China.

Fiat Chrysler lost $1.24 billion (1.1 billion euros) in the second quarter as the coronavirus caused rolling shutdowns at its plants across the globe.

The results beat expectations as analysts had forecast 1.48 billion euros in net income.

The move comes after the government imposed restrictions across swathes of northern England following a rise in the rate of transmissions.

Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters.

The legislative council vote was due to take place in September, but has been postponed amid a rise in virus cases.

The agreement with Sanofi and GlaxoSmithKelin is the government's second in less than two weeks for 100 million doses of vaccine.

A draft mandatory code announced by the Australian government would force Google and Facebook to pay news outlets for using their content.

Jan Jenisch was speaking to CNBC's "Squawk Box Europe".

The coronavirus has infected more than 17.3 million people around the world as of Friday, killing at least 673,527 people.

NatWest Group plunged into the red in the first half of the year after setting aside a fresh 2.1 billion pound ($2.76 billion) provision against a potential surge in loan losses due to the COVID-19 pandemic.

The euro zone economy contracted by 12.1% in the second quarter of 2020, compared to the first three months of the year, according to preliminary data from the region's statistics office.

Nokia saw its profits rise 22% to 316 million euros ($376 million) in the second quarter despite quarterly revenues falling 11% to 5 billion euros.

In Zimbabwe, Africa, the Muonde Trust is working with farmers to develop crops and ideas.

Data released Thursday by the U.S. government showed GDP dropping 32.9% in the second quarter — the worst drop ever, with the closest previously coming in mid-1921.

Monzo said disruption resulting from Covid-19 has led to "significant doubt" about its ability to continue "as a going concern."

LSE said that it had begun "exploratory discussions" which could result in MTS, Borsa Italiana's bond trading platform, or its entire Italian arm being sold.

The U.K. has condemned the disqualification of pro-democracy candidates from Hong Kong's upcoming legislative council election.

As air carriers worldwide are caught in a "race against time" while trying to stay afloat as global travel is nearly completely wiped out, Singapore Airlines appears to be better positioned than its peers, says Brendan Sobie of Sobie Aviation.

Apple CEO Tim Cook said that services revenue set a new June quarter record in China. Chief Financial Officer Luca Maestri added that iPad also set a June quarter revenue record in Greater China.