CNBC World News

Majority Leader Mitch McConnell said the Senate will pass the legislation later Wednesday. The full text of the bill has not yet been released.

France'a death toll has passed 1,000 and it has a confirmed case count of more than 22,600 — the fourth highest in Europe.

Private equity firms have been stockpiling cash in recent years as rising markets made it harder for them to invest.

It follows an appeal by the U.K. for 250,000 people to help the country's health service deal with the epidemic.

The company has come under fire from contractors claiming they haven't been treated as well as full-time employees amid the coronavirus outbreak.

Spain's Deputy Prime Minister Carmen Calvo has tested positive for the coronavirus, the country's government has said.

Growth for 2020 could be impacted by the COVID-19 pandemic.

The U.S. has called on OPEC kingpin Saudi Arabia to put a stop to its ongoing oil price war with non-OPEC leader Russia.

Prince Charles "has been displaying mild symptoms but otherwise remains in good health," his household said.

Pressure is building up in Europe to come up with new ways to mitigate the economic impact of the coronavirus, in the region that has become the epicenter of the outbreak.

The Russian president said he was postponing a nationwide vote on constitutional changes that would allow him to extend his rule due to the worsening situation with coronavirus.

Lawyers are predicting, and have already started to see, a rise in divorce cases following the intense period of self-isolation due to the coronavirus.

The World Health Organization has partnered with Facebook, Microsoft and several other tech companies for a hackathon to promote the development of software to take on challenges related to the coronavirus pandemic.

Nike reported quarterly sales that topped analysts' expectations, thanks to a boost from its digital business and growth in North America.

In market terms, think of the coronavirus as a three-legged stool where if one of the legs isn't firmly attached, the whole thing will tip over.

By the beginning of Wednesday's press conference, more than 424,000 cases of the coronavirus had been confirmed worldwide.

Business morale in Germany logged its steepest fall in March since the country's reunification in 1990, the Ifo Institute for Economic Research said Wednesday.

The White House and Senate leaders have reached a deal on a massive $2 trillion coronavirus stimulus bill to combat the economic impact of the outbreak.

The daily death toll from the coronavirus has increased once again in Italy, after two days of smaller rises, suggesting the worst may not yet be over for the embattled country.

The impact of the lockdown on India's informal sector, which includes many street vendors as well as auto drivers, is set to be be huge.