CNBC World News

The U.S. surpassed more than 60,000 new coronavirus cases, based on a seven-day moving average, for the first time on Monday, according to a CNBC analysis of data compiled by Johns Hopkins University.

Tesla mislead consumers on the abilities of its automated driving systems, a Munich court ruled on Tuesday.

The Kingdom hopes it will attract domestic and international investors, even as the IMF predicts Saudi Arabia's economic growth will slump 6.8% this year due to the coronavirus pandemic and weak oil prices.

Citigroup reported second-quarter results that surpassed analyst expectations thanks in part to a massive surge in trading revenue.

The results showed that out of 2,045 blood samples collected from students and teachers from across 13 secondary schools in the region only 12 samples were found to contain antibodies against Covid-19.

"Despite some recent positive macroeconomic data and significant, decisive government action, we still face much uncertainty regarding the future path of the economy," CEO Jamie Dimon said.

London start-up Kano, which is focused on teaching kids how to code, has raised more than $1 million from Microsoft.

The Australian carrier announced in June that it was retiring its six Boeing 747 planes immediately, six months before initially planned, and slashing 20% of its staff.

Analysts at Morgan Stanley believe the ratio between two of the world's most-watched commodities is "worth highlighting."

The Model Y moves indicate demand for Tesla's electric vehicles is flagging in the U.S., said Vicki Bryan, CEO of investment research firm Bond Angle.

British airline Virgin Atlantic said on Tuesday it had agreed a private-only restructuring package with shareholders and creditors worth £1.2 billion ($1.5 billion) to secure its future beyond the coronavirus crisis.

Antibody responses to the coronavirus can peak three weeks after onset of symptoms, but then begin to decline after as little as two months, researchers found.

Google is in "advanced talks" to invest $4 billion in Indian telco Jio Platforms just a few months after Facebook announced a $5.7 billion investment, according to a media report.

The retail industry is undergoing a big shift when it comes to plastic packaging.

Germany's sex workers have been protesting at not being allowed to return to work after the coronavirus epidemic, but the industry has thrown up particular concerns for the authorities.

Official figures revealed that monthly GDP came in at 1.8% in May. It followed a 20.4% monthly contraction in April, the country's sharpest on record.

The bottle will be made from sustainably sourced wood.

The ILO has previously warned nearly half of the global workforce could see their livelihoods destroyed due to the coronavirus outbreak.

Google has offered not to use health data of fitness tracker company Fitbit to help it target ads in an attempt to win over EU antitrust regulators.

The controversy surrounding cheap migrant labor in the oil-rich Gulf states has intensified during the coronavirus pandemic, amid reports of workers going without food and water and being deprived of pay.