CNBC World News

The Central Bank of Russia said that lockdown measures had weighed on economic activity for longer than expected, with GDP likely to contract by more than previously thought in the second quarter.

Swedish mapping start-up Mapillary has been acquired by Facebook for an undisclosed sum.

The 27 European governments are negotiating for the first time Friday a proposal for 750 billion euros ($841 billion) to tackle the Covid-19 crisis.

World-renowned anthropologist Jane Goodall has said young people should be striving towards different standards of success, besides money and fame.

The coronavirus has infected more than 8.46 million people around the world as of Friday, killing at least 453,216 people.

Many educational institutions are making efforts to improve the environmental performance of their estates.

Caroline Rush, who has led the not-for-profit industry body since 2009, was speaking after the recent launch of the first ever digital London Fashion Week.

It came as the two Asian nuclear powers sought to de-escalate tensions on their disputed border in the western Himalayas.

Known as 618 because it falls on June 18, the festival was being closely watched for signs about the health of the consumer in China.

British retail sales rebounded much more strongly than expected last month as the country gradually relaxed its coronavirus lockdown, but public borrowing hit a record high and debt passed 100% of economic output.

Stocks in Asia Pacific were higher on Friday as investors continued to monitor the situation surrounding a recent uptick in coronavirus cases in some countries.

Singapore further eased "circuit breaker" measures on Friday, allowing more businesses to resume including shopping at physical retail stores, as well as dining in at food and beverage outlets.

UBS Asset Management's Hayden Briscoe explains why China's bond market, which has "one of the highest real yields in the world," is exceptional.

Former diplomat Michael Kovrig and businessman Michael Spavor were arrested in late 2018 on state security charges.

The comments come amid the lowest point since the Cold War for relations between Russia and the West, and in the face of a rapidly rising China.

Wirecard has fallen from one of Germany's top fintech darlings to a company mired in controversy due to fraud allegations.

Kim Yeon-chul leaves the job without having a single meeting with the North Koreans. He said he wanted to resign to take responsibility for tensions between the rivals.

Kim Yo Jong appears to be stepping out on her own recently — without her elder brother, North Korean leader Kim Jong Un by her side — which analysts said may indicate that she could be moving onto a bigger role within the country's leadership structure.

People tend to model their view of entrepreneurs on some combination of Bill Gates, Steve Jobs and Mark Zuckerberg. That view is incorrect.

Luca Frigeni, a restaurant owner in Shanghai recounts one of the most difficult professional moments of his life, having to shutdown his newly opened restaurant as the city dealt with the coronavirus outbreak.