CNBC World News

Shares of Hong Kong-listed Tencent plunged about 5% on Friday after U.S. President Donald Trump issued executive orders targeting Chinese apps WeChat and TikTok.

The ban will take effect in 45 days and may attract retaliation from Beijing.

Deputy Bank of England Governor for Markets and Banking, Dave Ramsden, iterated that his institution still has further stimulus for the British economy if it proves necessary.

A number of firms are exploring lithium extraction opportunities in Cornwall.

With gold topping the $2,000 mark this week, Citi economists have clarified exactly what they think is driving the surge in the precious metal — and what it could tell us.

Former U.N. Secretary-General Ban Ki-moon told CNBC he is "deeply, deeply concerned" about the state of global politics.

Rescue teams were still searching the rubble of Beirut's port for bodies on Friday, nearly three days after a massive explosion sent a wave of destruction through Lebanon's capital, killing nearly 150 people and wounding thousands.

The strategy is combining interesting technologies with agricultural practices.

European banks have surprised markets with second quarter results but there are still tough challenges ahead.

Goldman Sachs on Friday lowered its previously stated quarterly net earnings applicable to common shareholders to $197 million from $2.25 billion.

The app-based bank said it had seen lending activity spike thanks to the U.K. government's emergency coronavirus financing schemes.

Stocks in Asia Pacific were mostly lower on Friday as tensions between Beijing and Washington weighed on investor sentiment.

Standard Life Aberdeen reported Friday a 30% fall in pre-tax profit for the first half of the year.

The coronavirus has infected more than 19 million people around the world as of Friday morning, killing at least 714,767 people.

India has the third-highest caseload in the world after the United States and Brazil. It has the fifth-most deaths and its fatality rate of about 2% is far lower than the other hardest-hit countries.

With fewer places to see and be seen, shoppers are slowing their spending, with an estimate from consultancy firm McKinsey forecasting the global luxury goods market will contract by 35% to 39% in 2020.

"Canada was taking advantage of us, as usual," Trump said during a lengthy, campaign-style speech at a Whirlpool manufacturing plant in Ohio.

A slew of viral videos show people claiming medical exemptions to avoid wearing masks on airplanes and in grocery stories. Doctors say there are legitimate health reasons to do so, but that the list is quite short.

Uber narrowed losses, and saw a spike in demand for its food delivery service during the second quarter. However, the company's core ride-sharing business was down 73% from last year.

Brown Brothers Harriman's Win Thin expects the dollar to bottom later this year.