CNBC World News

Stocks reversed course on Monday, closing lower as a rally in major tech names fizzled out.

All product categories will have quantity restrictions in order to ensure sellers have enough space to store their goods.

Two experimental coronavirus vaccines by German biotech firm BioNTech and U.S. pharmaceutical giant Pfizer have received the U.S. Food and Drug Administration's 'fast track' designation, the companies said on Monday.

Microsoft chose to offload a consumer property that became popular in China, but not without taking an equity stake in the new company.

More than 200 universities are backing a legal challenge to the Trump administration's new restrictions on international students, arguing that the policy jeopardizes students' safety and forces schools to reconsider fall plans they have spent months preparing.

As of Friday, Musk was worth $70.5 billion, roughly $1 billion more than Buffett, as Tesla stock continues to break records.

"With a significant deterioration of the health situation, you see a significant drop in travel activity," Trivago CEO Axel Hefer told CNBC.

Experts say Canada has done a pretty good job, ramping up PPE production and closing the borders, but could have done more with nursing homes and testing in Ontario.

The United States and Brazil accounted for half of the new daily coronavirus cases as countries across the globe struggle to contain their outbreaks, the World Health Organization said.

Hong Kong Disneyland will once again shutter its gates after a spike of new coronavirus cases in Hong Kong.

Disney heiress Abigail Disney is among the millionaires calling for governments to impose higher taxes on the wealthy to help fund the recovery from the coronavirus pandemic.

U.S. semiconductor maker Analog Devices said on Monday it offered to buy Maxim Integrated Products, an industry peer, for $20.91 billion in an all-stock deal.

China announced sanctions against U.S. officials including two senators on Monday in retaliation against Washington's sanctions against senior Chinese officials over Beijing's treatment of minority Uighur Muslims.

European stocks more broadly might not have enjoyed quite as buoyant a comeback as U.S. markets, but investors say there are unique characteristics which make a compelling investment case for the region in the recovery from the coronavirus crisis.

How and where the EU's recovery fund is spent could have a big impact on Europe's recovery from the pandemic, according to economists at Morgan Stanley.

Ubisoft used its Ubisoft Forward event Sunday to reveal more details about new games like "Far Cry 6" and "Assassin's Creed Valhalla."

The global leadership vacuum during the coronavirus crisis is an "open door" for China to walk into, said Kevin Rudd, president of the Asia Society Policy Institute.

Kevin Mayer, who left Disney to become CEO of TikTok just months ago, has come under fire from White House trade advisor Peter Navarro, who also criticized the Chinese social media app's alleged data-collection practices.

The beauty industry was in the midst of big changes before the coronavirus pandemic and now the sector is also dealing with restrictions imposed after lockdowns.

It now expects MENA economies to contract 5.7% in 2020. In April, it predicted that the region would shrink 3.3% for the year.