CNBC World News

Reserve Bank of India met this week and cut the repo rate — or the rate at which it lends to commercial banks — by 75 basis points from 5.15% to 4.4% on Friday.

U.S. President Donald Trump said on Friday he spoke with his Chinese counterpart Xi Jinping and discussed "in great detail" about the coronavirus pandemic, which has so far killed more than 24,000 people globally.

Stocks in Australia led losses among the region's major markets as the S&P/ASX 200 dropped 5.3% to close at 4,842.40.

Demographics, social behavior and lower testing capacity are just some of the reasons why Italy and Spain have the highest number of deaths from the coronavirus, health experts told CNBC.

Chinese President Xi Jinping called on G-20 leaders for greater coordination to restore confidence in global growth in face of the impact of the coronavirus, according to a state media transcript of his remarks on Thursday.

The Dow was coming off its biggest three-day rally since 1931.

The move comes as ties between Washington and Beijing grow more strained, with both sides trading barbs over who is to blame for the spread of the coronavirus disease.

As countries race to fight the coronavirus outbreak, many are boosting the surveillance of citizens in a move that's raising privacy concerns.

Finance Minister Rishi Sunak told the self-employed: "you have not been forgotten," as he announced plans to help those who have seen their work dry up amid a national lockdown.

Last month, BTS canceled its Seoul concert also scheduled for April as South Korea was grappling with its own outbreak.

As of Thursday, more than 492,000 cases of coronavirus have been reported, resulting in at least 22,000 deaths.

PetroChina, also China's second-largest refiner, cut refinery operations significantly in February after China became the first country to suffer from the outbreak of the conoronavirus.

Major outbreaks in so-called hot spots such as New York threaten to overwhelm the local hospital systems, which have a limited number of beds, staff and equipment.

Vice President Mike Pence said that the task force will share "a range of recommendations and additional guidance for going forward" with the next steps in its efforts to blunt the impact of the coronavirus.

General Motors said the salaries will be deferred as the automaker attempts to save cash during the coronavirus crisis.

Slack and Teams have been competing for three years. It's not clear when the integration will become available.

The Senate unanimously passed a $2 trillion relief package on Wednesday, but de Blasio said the amount is not enough to help New York City.

Total worldwide debt is expected to continue growing over the coming months, despite having just climbed to a fresh all-time high. Given the three previous waves of global debt accumulation have all ended with financial crises, CNBC's Sam Meredith takes a look at the risks associated with the latest build-up.

Many retailers are using their knowledge and supplier base to do what they can to fill the void in personal protective equipment.