CNBC World News

Oil producer group OPEC and its partners will reportedly hold an emergency virtual meeting on Monday.

The number of weekly unemployment claims filed in the U.S. could soon exceed 8 million as the fallout from widespread shutdowns amid the coronavirus pandemic continues to worsen, one economist told CNBC on Friday.

The IHS Markit Spain Services Purchasing Managers' Index — which measures activity in the industry — sank to a record low of 23.0 in March from 52.1 in February.

Short-term working worked well as a tool to prevent massive layoffs during the last crisis.

Italy's service sector shrank at the fastest rate in more than 22 years in March, a survey showed on Friday, as a lockdown imposed to try to contain the coronavirus pandemic shuttered most businesses.

Sales of the latest video games have smashed records as millions are stuck at home, as governments locking down entire cities to stem the spread of the coronavirus.

European tech industry groups are stepping up their lobbying efforts to ensure the EU supports start-ups hit hard by the coronavirus crisis.

A growing number of firms are seeking to make the food and drink sector more sustainable.

A lack of beds, protective equipment and doctors are just some of the issues being faced in Europe, as the coronavirus crisis exposes the weaknesses of the region's national health systems.

Indonesia has recorded 170 deaths related to COVID-19, the highest toll in Southeast Asia, according to data compiled by Johns Hopkins University.

Services companies cut jobs at the fastest pace on record as orders plunged for the second straight month and businesses scrambled to reduce their operating costs.

Stocks in Asia were little changed on Friday morning following a record surge in oil prices overnight that saw U.S. crude futures soaring more than 24%.

Amazon SVP and General Counsel David Zapolsky said his statements were made out of frustration.

A day earlier, Bloomberg reported that a classified U.S. intelligence report concluded that China's coronavirus numbers are purposefully incomplete.

The virus threatens to spread widely across Africa, where several countries have seen hundreds of positive tests, according to Johns Hopkins University.

The program is a crucial component of the $2 trillion stimulus package signed last week by President Trump to cushion disruptions tied to the coronavirus.

Disney will furlough its non-union park employees starting on April 19 as the coronavirus pandemic keeps its theme parks closed.

As of Thursday, more than 1,011,000 cases of coronavirus have been reported, resulting in at least 52,800 deaths.

The coronavirus COVID-19 outbreak affected Tesla production in China and the U.S.

The Pentagon will release $882 million in withheld payments to Boeing in an effort to mitigate the financial strain of the coronavirus outbreak on the defense contractor.