CNBC World News

The leader of Italy's co-ruling Democratic Party Nicola Zingaretti said Saturday he had tested positive for coronavirus.

The number of cases across the globe grew to at least 102,188, while deaths rose to 3,491 as of Saturday.

Lebanon's top leadership opposes repaying the country's sovereign debt, the presidency said on Saturday, indicating the the heavily indebted state is heading towards a default.

Saudi Arabia has detained three senior Saudi princes, including the younger brother of King Salman and the king's nephew, for allegedly planning a coup, sources say.

Teargas and smoke bombs were fired across Turkey's border with Greece on Saturday in a fresh flare up in tensions over the presence of migrants seeking access to European Union territory.

The gloomy trade report is likely to reinforce fears that China's economic growth halved in the first quarter to the weakest since 1990.

The social media giant said it will begin to enforce the temporary ban on these type of ads "over the next few days."

Dimon, 63, was in touch with the bank's senior leaders a day after the emergency procedure to repair an acute aortic dissection, the person said.

SXSW was canceled after a string of high-profile cancellations including Twitter, Facebook and TikTok.

As of Friday afternoon, more than 101,587 cases of coronavirus have been reported, resulting in at least 3,460 deaths.

Tesla CEO Elon Musk tweeted Friday that people are overreacting about the deadly COVID-19, while health officials across the world prepare for a possible pandemic.

The steep plunge in interest rates this week is reflecting fear about the future and also is planting seeds for a recovery once the coronavirus scare subsides.

"The message to all investors is that they should expect this volatility to continue. This should be considered the new normal going forward," said one strategist.

The yield on the benchmark 10-year Treasury note sank to a record low of 0.676% at 9:46 a.m. ET, extending its break below 0.7% for the first time ever.

Friday's declines came as the benchmark 10-year Treasury yield tumbled below 0.7% for the first time ever.

Friday's stock market rout and a fresh record low in government bond yields pushed traders to assign a 65% chance of a 75 basis point reduction by the March 17-18 Federal Open Market Committee meeting

The Labor Department reported Friday that the U.S. economy added 273,000 new jobs during the month, while the unemployment rate was 3.5%.

COVID-19 cases surpassed 100,000 worldwide as the flu-like virus continues to spread outside of China, the epicenter of the outbreak.

OPEC and non-OPEC allies have failed to agree on how much production to cut amid the coronavirus crisis.

The death toll from the coronavirus in Italy — Europe's epicenter — rose dramatically Thursday, taking the total to 148.