CNBC World News

No decision has been reached yet but the final reduction would likely include voluntary layoffs, early retirements, natural attrition and potentially mandatory layoffs.

The historic deal was agreed on by all OPEC and non-OPEC producers participating in the conference, with the exception of Mexico.

British Prime Minister Boris Johnson is in "very good spirits" after returning to a hospital ward from intensive care but his recovery is at an early stage, his spokesman said on Friday.

The number of new confirmed cases in Germany continued the upward trend from the past few days. Infections jumped by 5,323 in the past 24 hours to a total of 113,525, according to data from the Robert Koch Institute for infectious diseases.

Britain appears to be sticking to its plan to seek a free trade deal with the EU by the end of 2020.

U.K. officials are considering an exit strategy from the coronavirus lockdown that would allow young people to be the first to resume their ordinary lives.

Euro zone finance ministers sealed a new coronavirus stimulus package on Thursday worth around half a trillion euros, but officials delayed a crucial decision on whether to issue joint debt instruments.

The Departments of Justice along with other federal agencies including the State Department, want the FCC to revoke China Telecom's license to carry out international telecommunications services to and from the U.S.

Markets in Australia, Hong Kong, Singapore and India were closed for the Good Friday holiday.

Even though infection numbers have declined sharply from the peak in China, analysts warned that consumers are still cautious about going outside and so quick deliveries could be a way to reach them.

Taiwan responded angrily to the WHO director general's assertion that "racist slurs" against him had originated in Taiwan, and demanded he apologize.

Huawei, caught in the crossfire of a larger U.S.-China trade and technology battle, has given masks to a number of countries around the world.

A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share.

The global coronavirus pandemic is propelling more money and government support for public health in China.

"There is a much bigger wave of protectionism in the near term that we should expect that is not just in medical supplies," said Deborah Elms, executive director at Asian Trade Centre.

There are a lot of information gaps when it comes to the COVID-19 coronavirus virus. University of Washington professor Carl Bergstrom is one of the scientists desperately trying to fill them.

COVID-19 has infected more than 1,579,600 people around the world as of Thursday, killing at least 94,500 people.

Amazon has assembled a dedicated team to develop coronavirus tests that could later be deployed to workers.

European Union finance ministers agreed on Thursday on half-a-trillion euros worth of support for their coronavirus-battered economies after weeks of wrangling that exposed painful divisions in the bloc headed for a steep recession.

Despite temporary short-term benefits from the air pollution drop in the U.S. and across the world, scientists warn that pollution levels will rebound once coronavirus restrictions are lifted.