CNBC World News

It comes as the coronavirus crisis continues to hit energy markets hard, with the world awash with oil and running out of places to put it.

SoftBank Group predicts a rough loss of 700 billion yen ($6.6 billion) in the year ending March on its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of its biggest bets.

Currently, most regulations across various cities in China still require the presence of a safety driver in vehicles.

Japan's March factory output fell at the fastest pace in five months, while retail sales also dropped as businesses struggled with the coronavirus pandemic's sharp hit to overseas and domestic demand.

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, extending the group's expected net loss to 900 billion yen.

"Some political figures are politicizing this COVID-19. They're using this virus to stigmatize China. This is not something we are willing to see."

Tesla CEO Elon Musk lashed out at government stay at home orders as "fascist" in an expletive-laced rant on Tesla's Q1 earnings call.

President Donald Trump said he believes China's handling of the coronavirus is proof that Beijing "will do anything they can" to make him lose his re-election bid.

Bianco Research's James Bianco explains why the market's huge April run will fall apart despite the Fed's aggressive policies.

The Covid-19 outbreak in China forced Tesla to stop manufacturing electric vehicles in Shanghai for more than a week in February and in the U.S. at the end of March.

Microsoft beat estimates on the top and bottom lines, and it said coronavirus impact was minimal.

Stocks in Asia rose in Thursday morning trade following positive developments overnight on a potential new treatment for Covid-19.

The unprecedented scale of SpaceX's satellite internet project Starlink caused a public outcry from astronomers around the globe.

Covid-19 has infected more than 3.1 million people around the world as of Wednesday, killing at least 226,771 people.

Facebook shares rose as much as 10% in after-hours trading on Wednesday after the company announced its first-quarter results.

Leisure airline Sun Country is moving up its plans to fly packages for Amazon as the coronavirus hurts demand for air travel.

President Donald Trump has sought and received advice on tackling the coronavirus crisis in private conversations with several of his allies in the business world, according to people familiar with the matter.

"We would like to see very quick approvals, especially with things that work," Trump said.

In 2017, when Tesla unveiled the Semi to great fanfare, Musk said the battery-electric class 8 trucks would be delivered to customers in 2019. Now the Tesla Semi program is two years behind schedule.

Citing the devastating impact of Covid-19, Federal Express is requesting that its rent be cut in half at some FedEx Office locations, a move sharply criticized by one landlord.