CNBC World News

Lack of storage space for crude globally remains a massive problem, and will keep a ceiling on oil prices for the near future.

The NHS's digital innovation arm is paying Zuhlke Engineering £3.8 million to investigate the "decentralized" framework developed by Apple and Google.

The Turkish currency has been under mounting pressure amid rising inflation, growing unemployment and slow growth — and now, the highest number of coronavirus cases in the region.

With the cruising industry in tatters and the desire for remote travel greater than ever, chartering a yacht can sound appealing. Here's what you get for $5,000 to $150,000.

China reported that its dollar-denominated exports rose but imports fell for the month of April as movement restrictions to contain the coronavirus outbreak eased.

Norway's central bank cut its key interest rate on Thursday to a record-low zero percent from 0.25% in a surprise move, seeking to cushion an economy reeling from the Covid-19 pandemic.

The crisis-prone South American country has entered a critical period of make-or-break talks with international creditors.

The combined group could put pressure on rival telecommunications firms BT, Vodafone and Sky.

The Bank of England held interest rates at 0.1% on Thursday, but said it stands ready to take further action should the economic crisis caused by the coronavirus pandemic continue to deteriorate.

A group called Naikon targets ministries of foreign affairs, science and technology, as well as government-owned companies with the aim of "gathering of geo-political intelligence," according to Check Point.

Russia reported 11,231 additional cases of the coronavirus disease to bring the country's tally to 177,160 since the outbreak.

One of the world's leading authorities on Asia is worried Wall Street is miscalculating China's efforts to reopen its economy.

With the world already reeling from the economic impact of the coronavirus pandemic, a reignition in U.S.-China trade tensions would be the "the last thing" anyone needs, according to JPMorgan Asset Management's Alexander Treves.

Britain's biggest telecoms group BT has suspended its dividend until 2021/22, one of the biggest on the London stock exchange, and pulled its financial outlook in response to the Covid-19 pandemic.

Researchers from the Federal Reserve Bank of New York found that German regions with higher mortality rates from the virus had a higher vote share for the Nazi Party in the elections of 1932 and 1933.

Walsh had been planning to retire in March but would now leave on September 24, the group said, when Luis Gallego will succeed him.

Images from television showed people lying in the streets after they collapsed while trying to flee.

The majority of citizens feel dissatisfied with their leaders' response to the coronavirus outbreak, according to a new report, as countries across the globe have been left grappling with the fallout of the crisis.

The rule is only expected to address Huawei, the people familiar with the matter said, not other listed entities like Chinese video surveillance firm Hikvision.

On Tuesday, the financial hub announced plans to relax social distancing measures, including the reopening of venues such as cinemas, bars, beauty parlors, and schools with effect from May 8.