CNBC World News

Stocks rose on Thursday as gains in bank shares and the oil market offset another dismal round of U.S. unemployment data.

The amusements business is built on crowds and communal experiences. Now, owners of national and regional parks are trying to rewrite the theme park playbook so they can reopen in the midst of Covid-19.

Apple is expected to release its own product using virtual reality and augmented reality technology within the next few years.

Apple is preparing an "affordable" 10.8-inch iPad that could launch in the second half of 2020, and a new iPad Mini between 8.5 and 9-inches large for the first half of next year, Ming-Chi Kuo said.

The total 2.981 million new claims for unemployment insurance brought the coronavirus crisis count to nearly 36.5 million, though the weekly trend continued lower.

To date, more than 4.3 million people have contracted the Covid-19 infection, with 297,465 deaths worldwide, according to JHU.

Goldman Sachs Group plans to buy a boutique wealth management custodian and technology company called Folio Financial for an undisclosed amount of money, according to a letter that Folio sent to its customers on Thursday and was viewed by Reuters.

News of the deal comes less than a month after the close of Microsoft's acquisition of start-up Affirmed Networks.

The head of the trade association for airlines hopes that air travel will resume in Europe by the summer, and strongly opposes mandatory quarantine periods.

The United Nations has warned that the coronavirus pandemic "has the seeds of a major mental health crisis" and that substantial investment is needed in support services.

Plans are in place to invest billions in renewables.

While shoppers moved online during the pandemic, it has actually become cheaper for businesses to buy digital advertising, as demand has fallen.

Ian Harnett, co-founder and chief investment strategist at Absolute Strategy Research, said corporate earnings would take longer to recover from the coronavirus pandemic than many expected.

Job numbers for April were far worse than in March.

Tesla billionaire Elon Musk appears to be selling more homes from his California property portfolio on real estate website Zillow.

Lloyd's of London said Thursday morning that it expects coronavirus-related losses to the insurance sector to be the largest to date.

Russia's cases have now surpassed 250,000 and more than 4.3 million people are the globe have now been infected with the coronavirus.

Russia's sovereign wealth fund (RDIF) has been funding Russian trials of the drug favipiravir, an anti-influenza drug first developed in Japan.

The subsea cable will interconnect 23 countries in Africa, the Middle East and Europe, Facebook says.

Zurich Insurance Group on Thursday said property and casualty claims related to the coronavirus pandemic could total around $750 million this year, after booking $280 million such claims in the first quarter.