CNBC World News

Planemaker Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit amid the "gravest crisis the aerospace industry has ever known".

Russia's crisis response center reported 99,939 cases of the coronavirus on Wednesday and Spain has seen its daily number of deaths rise again.

"We're in war," President Donald Trump proclaimed at a White House news conference last week. "I call it the 'invisible enemy.' That's the war, and it's a dangerous war."

Artificial intelligence has been hailed as a monumental technology that will change the world, but coronavirus is showing that it is still in its infancy.

Swedish digital health start-up Kry has launched a video consultation platform in the U.S., marking the firm's first expansion beyond Europe.

"Nio hasn't lowered its annual forecast as a result of the virus," CEO William Li said, according to a CNBC translation of his Mandarin-language remarks.

Since being put on the U.S. blacklist, Huawei has focused more on China and increased its smartphone market share at the expense of rivals like Xiaomi and Oppo. That has hurt Qualcomm.

Barclays on Wednesday reported a 42% fall in first-quarter net profit year-on-year and took a £2.1 billion ($2.62 billion) credit impairment charge due to the coronavirus pandemic.

The number of e-commerce livestreaming sessions topped 4 million in the first quarter, according to China's Commerce Ministry.

Profit attributable to shareholders for the London-headquartered bank came in at $810 million for the first three months of the year, down from $917 million over the same period in 2019.

Samsung warned sales and profits of smartphones and TVs are "expected to decline significantly as COVID-19 affects demand and leads to store and plant closures globally."

The German lender set aside 260 million euros ($282 million) to deal with potential loan losses as a result of the coronavirus crisis, as the bank as it reported its first-quarter results in full.

Funding into U.K. start-ups has soared by 34% as investors look to ensure their bets stay afloat during the coronavirus pandemic.

Italy's credit rating has been downgraded to one notch above junk level by Fitch ratings agency as the coronavirus hurts Italy's already fragile economy further.

Volkswagen on Wednesday said it expected to be profitable on a full-year basis even as the coronavirus pandemic caused first-quarter earnings to plunge.

Despite Covid-19 cases spreading across the United States, the dollar has gained strength as investors view it as a safe asset. Here's why.

Hawk, whose net worth is reported to be $140 million, said he was trying to "figure out new ways to stay in business" during the lockdown.

Internationally-acclaimed pianist Lang Lang has told CNBC that the last two months have been "very, very tense," as China and the rest of the world have responded to the coronavirus.

A statue that changes color with the ocean's temperatures and sculptures poised on the ocean floor — it's all part of Australia's new Museum of Underwater Art.

The United States welcomes the announcement by the Saudi-led coalition of a ceasefire in Yemen, the Saudi-owned Al-Arabiya TV channel reported on Wednesday, citing U.S. Assistant Secretary of State David Schenker.