CNBC World News

Bird, Lime, Voi and Tier are all in talks with local authorities about launching trials as early as next month.

The largest economy in South America has become a hotspot for Covid-19.

The number of cumulative confirmed infections in Russia rose to 262,843 after the country added 10,598 new cases over the last 24 hours, reported Reuters.

Nike is finally beginning to reopen stores in the U.S., but the company said Thursday it expects the coronavirus pandemic will still have a material impact on its business in North America, parts of Europe and Asia during its fiscal fourth quarter.

The credibility of the review was dealt a blow in December when a panel of five foreign experts quit from advisory roles to the watchdog because of doubts about its "independent investigative capability."

Temasek, which has a portfolio value of 313 billion Singapore dollars ( $219 billion), is now one of the more prominent backers of libra.

China's industrial output rose 3.9% year-on-year in April, according to data released Friday by the country's National Bureau of Statistics.

China's official, but highly doubted, urban unemployment rate rose to 6.0% in April, from 5.9% in March, according to figures released Friday by the National Bureau of Statistics.

Richemont is seeing strong demand in China but globally expects "headwinds in the months ahead" due to the new coronavirus, the owner of Cartier jewellery said on Friday.

Oil prices have been lifted this week by more signs that oil output is falling among OPEC and other major producers, and a gradual recovery in demand is underway.

Billionaire Peter Thiel bought a 193-hectare plot in Wanaka on the South Island of New Zealand half a decade ago, but he is yet to build anything on it.

Real estate investment in China quickened in April while property sales fell at a much slower pace, Reuters calculations based on official data showed on Friday, providing some relief as Beijing looks to restart the economy from coronavirus-related shutdowns.

Rising tensions over how China handled the coronavirus outbreak could be a "major risk" to global recovery, David Sokulsky of Concentrated Leaders Fund said.

China's industrial output rose 3.9% in April from a year earlier, expanding for the first time this year as the world's second-largest economy slowly emerges from its coronavirus lockdown.

Airlines with cash and fundraising ability would be the ones to weather the current crisis, according to Greg Waldron, Asia Managing Editor at aviation website FlightGlobal.

"We anticipate that we will have to bear costs of up to $800 million for our part of the responsibilities for the organization of the games," International Olympic Committee president Thomas Bach said.

The 62-year-old Brazilian has been director-general since 2013 and is serving a second term that was due to conclude at the end of August 2021.

The coronavirus has infected more than 4.4 million people around the world as of Thursday, killing at least 300,315 people.

Delta also said it expects to be overstaffed by some 7,000 pilots and is aiming to reduce it's cash burn to zero by the end of the year.

"It's hard to create a valuation for businesses," billionaire entrepreneur Mark Cuban told CNBC.