CNBC World News

That brings the total claims over the past three weeks to more than 16 million.

While many companies have been forced to cut pay due to the financial impact of the coronavirus pandemic, some businesses are rewarding their frontline workers with salary increases.

Start-up bosses in the U.K. have warned that the government's business relief measures "do not help companies of the future such as ours."

While Italy looks to have overcome the worst of the coronavirus outbreak in terms of daily infections and deaths, recent hopes of a peak elsewhere in Europe have been dashed in recent days.

"We care about the life passing every single minute unnecessarily because we couldn't unite to fight this virus," he said.

European equities are better positioned than their U.S. counterparts for a prospective recovery from the coronavirus downturn, according to Barclays.

This year could be a difficult one for the renewables sector.

U.K. Prime Minister Boris Johnson has spent a third night in intensive care in a London hospital although his condition is said to be improving.

The euro zone is making another attempt at agreeing on new fiscal stimulus to deal with the coronavirus pandemic, after 16 hours of talks earlier this week failed to produce any outcome.

Russia has reported a record one-day rise of 1,459 new cases of coronavirus Thursday, making the total number of confirmed cases to 10,131.

The U.K. does not have a deputy prime minister, so here's who is in charge while Boris Johnson is being treated in the hospital for the coronavirus.

There won't be a quick rebound in prices "in any event" because of the demand destruction caused by the coronavirus crisis, said Helima Croft of RBC Capital Markets.

Business software maker SAP cut its full-year earnings guidance after the coronavirus pandemic caused customers to put orders on hold.

The Bank of England has agreed temporarily to finance government borrowing in response to COVID-19 if funds cannot immediately be raised from debt markets.

The U.S. has reported the world's highest number of coronavirus cases at more than 400,000, with over 14,000 deaths, according to data compiled by Johns Hopkins University.

The comments by Australia's finance minister Mathias Cormann came after S&P Global Ratings downgraded the country's outlook to negative from stable.

The U.S. unemployment claims report for the week ended April 4 is set to be out at 8:30 a.m. ET Thursday, with more than five million expected to have filed for unemployment last week as the country continues to grapple with the coronavirus pandemic..

Currently, more than 70 countries are participating in the World Health Organization (WHO)'s trial to accelerate research on effective treatments, and around 20 organizations are in the race to develop a vaccine, according to WHO Director-General Dr. Tedros Adhanom Ghebreyesus.

Family doctors in the U.K. have seen their day-to-day work routines radically altered by the coronavirus pandemic.

Experts tell CNBC how those not working due to the coronavirus pandemic can use this time to develop transferable skills.