CNBC World News

There will be a "significant rebound" in the aviation industry once borders start to open up, said Thomas Flohr of VistaJet.

Europe's largest economy probably shrank by 9.8% in the second quarter, its biggest decline since records began in 1970.

The price of rice — a staple food in Asia — has hit 7-year highs due to the coronavirus crisis as importers rush to stockpile the grain while exporters curb shipments.

Wolfpack Research alleged in a report that iQiyi, which is majority owned by Chinese search giant Baidu, overstated revenue for 2019 through a number of means, including the way it booked revenue from subscriptions via third parties and content licensing deals.

The KEKO project will last for two-years.

Japanese Prime Minister Shinzo Abe declared Tuesday a state of emergency to combat coronavirus infections in major population centers. Singapore also passed a set of laws that bans social gatherings of any size.

Britain's biggest retailer Tesco expects to take a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic and warned it was unable to give a profit forecast for this financial year.

A pronounced economic slump sparked by the coronavirus outbreak has imperiled a popular investment strategy: buying dividend stocks.

The Philippine government has set aside around $23 billion in funding for healthcare and economic efforts during the outbreak, said Secretary of Finance Carlos Dominguez.

Australia's coveted "AAA" rating came under a cloud on Wednesday as its parliament returned to pass an emergency A$130 billion ($80 billion) stimulus package to cushion the economic blow of the coronavirus pandemic.

Indian budget hotel chain Oyo has pledged to "do right" by offering free accommodation to coronavirus frontliner workers and citizens stranded overseas, even as the $10 billion start-up continues to battle criticism over its treatment of hotel owners.

China's internet regulator ordered search engine Baidu to clean up improper information and halt spread of "low-brow content."

The consequences of the coronavirus crisis will likely to be far more serious than the global financial crisis, said Singapore's home affairs minister, K. Shanmugam.

The lockdown that served as a model for countries battling the coronavirus around the world ended on Wednesday, after 11 weeks.

COVID-19 has now infected more than 1,414,700 people around the world, killing at least 81,259 people as of Tuesday.

The president again took aim at Amazon during Tuesday's White House coronavirus task force briefing.

Levi Strauss, which has been around for 167 years, is going to use COVID-19 "as an opportunity to come out stronger on the other side," CEO Chip Bergh tells CNBC.

The move comes hours after acting Secretary of the Navy Thomas Modly apologized for ridiculing U.S. Navy Capt. Brett Crozier.

Pinterest said that it hasn't seen much exposure to the advertising segments most hurt by the coronavirus pandemic, including travel, automotive and restaurants.

Square and Twitter CEO Jack Dorsey has said he is donating $1 billion in Square equity to support relief efforts for the COVID-19 efforts.