CNBC World News

A German court's "very harsh decision" to rule against the European Central Bank seems to be "solvable," a former member of the Bundesbank told CNBC Wednesday.

Spain's daily death toll is not falling and the country is reportedly planning to keep borders closed until July.

Tencent reported earnings that beat expectations thanks to a strong performance of its gaming business and better-than-expected results out of its financial technology and advertising units.

The International Monetary Fund has said a rapid rise in global public debt could pose risks once the threat of the pandemic fades.

A.P. Moller-Maersk said it had canceled more than 90 sailings, or 3.5% of total shipping capacity, in the first three months of the year.

The U.S. Federal Emergency Management Agency told CNBC that it would not start using the "Aventa-M" ventilators while an investigation into their safety was carried out.

Sony confirmed on Wednesday that the PlayStation 5 console is still on track for a release in time for the 2020 holiday season despite the "challenges" presented by the global coronavirus pandemic.

Consultancy McKinsey released a report that outlined several areas where technology helped policymakers and businesses in Asia protect people's health and livelihood.

Researchers often mock the tech billionaire on social media for making outlandish comments on AI.

U.K. GDP contracted by 5.8% in March, the biggest monthly fall since the series began in 1997, according to the Office for National Statistics.

UK health minister Matt Hancock has urged the public to avoid public transport and adhere to social distancing guidelines.

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, warned that the U.S. could risk additional outbreaks if states start to reopen too quickly.

As authorities globally look to ease restrictions intended to contain the coronavirus and reopen economies, Australia's finance minister says the country is already on the path to victory against the disease.

In its half-year financial report, Tui described the Covid-19 pandemic as "the greatest crisis the tourism industry has ever faced."

Students in Ireland told CNBC of their relief at the Irish government's U-turn and decision to effectively cancel final-year high-school exams due to the coronavirus pandemic.

The forecast comes at a time when the coronavirus pandemic has prompted many countries across the globe to effectively shut down.

There are now stricter conditions on how European governments can provide financial aid to companies struggling with the ongoing coronavirus crisis.

Germany's Commerzbank said on Wednesday it swung to a loss in the first quarter, as the lender undergoes restructuring and dealt with the fallout from the coronavirus pandemic.

With the coronavirus pandemic threatening the global economy, banks will have a difficult time growing their business, said Pedro Martins Junior, chief emerging markets equity strategist at JPMorgan.

The shift in policy comes as the bank predicted a massive 21.8% drop in June quarter gross domestic product growth, which would be followed by a 23.8% expansion in the next quarter.