CNBC World News

The U.S. should rally the seven leading industrial democracies, the European Union, NATO and, perhaps most importantly, the G-20, in a collective fight against the coronavirus, Atlantic Council CEO Frederick Kempe writes.

Dubravko Lakos-Bujas, chief U.S. equity strategist at JPMorgan, expects the S&P 500 to reach 3,400 in early 2021.

Germany is readying stimulus measures which could total 356 billion euros ($383 billion) in new debt to fight the economic impact of the coronavirus outbreak, according to a draft law and senior officials.

Australian officials closed Sydney's iconic Bondi Beach on Saturday after thousands of people flocked there in recent days, defying social distancing orders.

The number of people who have died from the coronavirus in Iran has reached 1,556 — a rise of more than 100, Reuters reported. Meanwhile, Australia closed Bondi Beach after crowds flocked to its shores.

Singapore has been lauded globally for its approach in managing the outbreak, with no fatalities before Saturday even as deaths have surged elsewhere in Asia and worldwide.

U.K. Finance Minister Rishi Sunak announced the government would pay 80% of wages for employees who are unable to work — up to 2,500 pounds a month.

Actor-singer Kenny Rogers, the smooth, Grammy-winning balladeer who spanned jazz, folk, country and pop, died at home in Sandy Springs, Georgia. He was 81.

The Trump administration on Friday said it was soliciting public comments on lifting additional tariffs on Chinese imports that could help the United States battle the coronavirus pandemic, showing some flexibility in its trade war against Beijing.

North Korea fired two projectiles that appeared to be short-range ballistic missiles into the sea off the east coast of the Korean peninsula, South Korea's military said on Saturday.

Four senators urged the Amazon CEO to provide paid sick leave for warehouse workers.

"When there's chaos and there's this fear in the street that's when the adversary tends to strike hardest," Crowdstrike CEO George Kurtz said.

Once a vaccine is found, WHO officials warned about other logistical, financial and ethical hurdles world leaders will face.

Boeing Co said on Friday its chief executive and board chair will forego all pay until the end of 2020 and the company will suspend its dividend.

Markets face more violent swings, as information becomes available on the spread of the coronavirus and how it is hurting the economy.

As of Friday, more than 259,000 cases of coronavirus have been reported worldwide, resulting in at least 11,000 deaths.

At Mount Sinai Health System's Morningside hospital in New York City, the number of coronavirus patients at the 500-bed facility doubled in two days this week.

Delta's CEO issued another grim warning about the collapse in demand and the urgent need for government aid as coronavirus destroys travel demand.

Stocks turned lower Friday as investors concluded a week of wild swings.

Novartis will donate enough doses of malaria drug hydroxychloroquine to treat several million patients in the fight against the coronavirus, if it wins approval, the Swiss company said on Friday.