CNBC World News

The coronavirus crisis could be the "opportunity of the century" for China to cement its place as a global power, a professor told CNBC.

Billionaire philanthropist Bill Gates says the coronavirus pandemic is forcing some of his climate change work to the back burner, but the work being done fighting the coronavirus is also paving the way for future climate change work in productive ways.

Coronavirus has slowed in China, and there's a growing appetite among fund managers to start buying there again.

South Africa has lost its last remaining major investment-grade sovereign credit rating, as existing economic weakness is compounded by the potential impact of the global coronavirus pandemic.

The event's steering committee has agreed to explore the possibility of a one-year delay to the opening of Expo 2020 Dubai in light of the global coronavirus pandemic. It was slated to begin in October.

China on Tuesday said its official manufacturing PMI for March came in at 52.0, indicating an expansion and defying expectations of a contraction.

In May, Huawei was put on the U.S. Entity List, a blacklist that restricts American firms doing business with it. A top executive told CNBC that was to blame for missed revenue targets.

The U.S. blacklisting of Huawei cut off its access to Google's Android mobile operating system for its new smartphones. In a new move, Huawei hopes to get Google apps on its own app store.

There are more than 786,000 confirmed cases of COVID-19 globally, according to data compiled by Johns Hopkins University.

Little can replace the feeling of being in the Great Outdoors. Yet simply looking at photographs of nature for as few as five minutes can have a similar calming effect on the brain.

Chinese carmaker Geely Automobile said it was expecting business to recover in the near-term after a disappointing year as the country's auto industry battled coronavirus lockdowns and trade tariffs.

Southern Italians are bracing themselves for the coronavirus outbreak that has crippled northern Italy, with many people scared, angry and desperate for more government help.

If last week's preliminary data flashes are anything to go by, the global economy is en route to a recession.

Fitch Ratings earlier this month downgraded the outlook for 10 banking systems in Asia Pacific to "negative." All 17 banking systems in the region that Fitch assesses now have a "negative" outlook.

Analysts polled by Reuters had expected the official PMI to come in at 45 for the month of March, from a record low of 35.7 a month earlier.

Amazon said it fired Chris Smalls for 'violating social distancing guidelines and putting the safety of others at risk.'

Global cases of infection exceeded 784,700 and at least 37,638 people have died, according to data compiled by Johns Hopkins University.

"As dramatic as this has been, I do believe that the economy will recover steadily," Fink says.

Oil prices have tumbled so much that in some places beer is now cheaper than "black gold."

The ratings agency warned that sectors "most sensitive to consumer demand and sentiment" will be especially hard-hit.