CNBC World News

Mark Zandi of Moody's Analytics' worries businesses may reopen too soon and create another spike in coronavirus cases.

The pandemic could cast a long shadow, permanently changing how companies spend money, sell goods and run their businesses.

Hundreds of riot police were deployed to disperse the protesters on Sunday, with some members of the media caught up in the chaos that evoked memories of the sometimes violent unrest that rocked the global financial hub last year.

Chinese foreign ministry spokesman Zhao Lijian told reporters during a daily briefing in Beijing that China deplores and rejects the U.S. move, which Zhao called an escalation of suppression against Chinese media.

State television described the missile strike as an accident, saying the ship had remained too close to the target.

Now might be the best time to start thinking about setting up a new venture, according to entrepreneurs and venture investors.

Investors continue to watch for developments on the coronavirus front amid hopes of global economies reopening as social distancing measures are eased.

Tesla sold 3,635 Model 3 cars in April — much lower than 10,160 in March, data from the China Passenger Car Association showed.

The Center for Strategic and International Studies projected that exports of U.S. goods to China could come in at only $60 billion for the entire 2020 — much lower than what's outlined in the "phase one" trade deal.

The world's largest oil exporter is suffering from slumping prices, while at the same time measures to fight the new coronavirus are likely to curb the pace and scale of economic reforms launched by Crown Price Mohammed bin Salman.

Ghana's health authorities reported the outbreak at the industrial facility late on Friday, but did not provide details.

To obtain the game and play it to its full potential, players in China are paying a premium of up to 50% for unlocked Switch consoles sold abroad.

Covid-19 has infected more than 4 million people around the world as of Friday, killing at least 279,609 people.

Tesla CEO Elon Musk has been sparring with regulators over local shelter-in-place orders aimed to combat the spread of the coronavirus as the company's production plants remain closed.

The U.K. government has taken its first tentative steps to ease some strict coronavirus lockdown measures and slowly begin to reopen its economy.

Katie Miller, the Pence press secretary, also handled communications for the coronavirus task force. The news came a day after the revelation that a personal valet for President Trump tested positive.

Tesla had wanted to start production again in Fremont, California, on Friday afternoon, but officials said the company did not have authorization to break shelter-in-place rules. The plant is where the company makes vehicles for Europe and North America.

Chinese authorities on Sunday reclassified the city of Shulan in China's northeastern province of Jilin as high-risk for the coronavirus after 11 new cases were confirmed there on May 9.

The Chinese foreign ministry has dedicated most of its press briefings over the past week to rejecting accusations by U.S. politicians that China had withheld information about the new coronavirus and that it had originated in a laboratory in the city of Wuhan.

Fauci is the third high-ranking member of the White House coronavirus task force to enter some form of quarantine.