CNBC World News

OPEC could deliver a 1.2 million barrels a day production cut at its meeting later this week, according to MUFG Bank's Head of MENA Research, Ehsan Khoman.

With fears over a global slowdown intensifying, the Fed likely will announce a 50 basis point cut at its March meeting, if not sooner, the firm said.

The Stoxx Europe 600 lost almost 12% last week to post its worst five-day run since the financial crisis in 2008. However, two of the 600 companies listed on the European blue chip benchmark emerged in the black.

The mayor of Seoul has sued key leaders of the Shincheonji religious group at the center of South Korea's surge in coronavirus cases.

The coronavirus outbreak is plunging the world economy into its worst downturn since the global financial crisis, the Organisation for Economic Cooperation and Development warned.

The fact that Iran reported deaths on the same day as its first infections right before its parliamentary elections "can compel anyone" that there has been a cover-up, said Asif Shuja from the National University of Singapore's Middle East Institute.

The Fed should now focus on a vigilant oversight of the banking system it supervises and regulates, Dr. Michael Ivanovitch writes.

Seoul City Mayor Park Won-soon said he was suing the Shincheonji leaders "for murder, injury and violation of prevention and management of infectious diseases."

"The window of opportunity for containing it is narrowing... We need to preparing side by side for a pandemic," Ghebreyesus told CNBC.

Finland's Nokia on Monday appointed Pekka Lundmark, until now the CEO of energy group Fortum, as its new chief executive starting from Sept. 1, 2020, the telecoms equipment maker said.

The Markit/Caixin manufacturing Purchasing Managers' Index (PMI) dropped to 40.3, much lower than expectations of a reading of 45.7 in a Reuters poll.

We're not just talking your physical property or rental home. Your job, your income — even your pension — are tethered to the country in which you live and work.

Philippine police on Monday surrounded a shopping mall in an upscale section of Manila after a recently dismissed security guard opened fire and took dozens of people hostage, an official said.

The desert locusts have already ravaged crops and pastures in several countries in east Africa and swarms have spread into India and Pakistan.

The Caixin/Markit Manufacturing PMI showed China's factory activity slumped in February, coming in at 40.3 — the lowest reading since the survey was launched.

Health authorities in Washington confirmed a second death in the U.S. from the new coronavirus on Sunday.

Democrat Pete Buttigieg exited the 2020 presidential primary race on Sunday, ending an unlikely campaign that saw a little-known mayor overpower governors and U.S. senators in the race for the party nomination.

Surveys of foreign businesses released this week indicate many people in China still haven't returned to work.

CNBC's Michael Santoli on whether we are facing an economic-reckoning or just a weeks-Sanlong panic that fades quickly for the market.

A discussion of the latest market-moving news, including the coronavirus.