CNBC World News

Volkswagen may have to cut jobs if the coronavirus pandemic is not brought under control as the carmaker is still spending about 2 billion euros ($2.2 billion) a week, said CEO Herbert Diess.

While European markets have plummeted over the past month as the economic impact of the coronavirus pandemic becomes more alarming, a handful of stocks have bucked the trend.

Network providers have enough capacity to cope with the rise in traffic. But maintaining equipment may get harder as the pandemic goes on.

Global cases of infection rose above 530,000 and around 24,000 people have died, according to data compiled by Johns Hopkins University.

The coronavirus death toll has surpassed 8,000 in Italy, erasing some of the hope seen earlier this week when the number of reported deaths seemed to have slowed down.

As technology develops at a rapid pace, will the food on our plates change?

While most of us will have to settle for self-isolation in our own home or apartment, the rich are hunkering down in state-of-the-art bunkers and fleeing to private islands to escape the coronavirus.

More than $2.6 billion worth of orders in Bangladesh's garment sector has been canceled and new cancellations are coming up, according to the country's commerce minister.

Singapore announced stiff fines and jail on Thursday night for people who do not observe social distancing measures put in place to contain the coronavirus outbreak.

Reserve Bank of India met this week and cut the repo rate — or the rate at which it lends to commercial banks — by 75 basis points from 5.15% to 4.4% on Friday.

U.S. President Donald Trump said on Friday he spoke with his Chinese counterpart Xi Jinping and discussed "in great detail" about the coronavirus pandemic, which has so far killed more than 24,000 people globally.

Stocks in Australia led losses among the region's major markets as the S&P/ASX 200 dropped 5.3% to close at 4,842.40.

Demographics, social behavior and lower testing capacity are just some of the reasons why Italy and Spain have the highest number of deaths from the coronavirus, health experts told CNBC.

Chinese President Xi Jinping called on G-20 leaders for greater coordination to restore confidence in global growth in face of the impact of the coronavirus, according to a state media transcript of his remarks on Thursday.

The Dow was coming off its biggest three-day rally since 1931.

The move comes as ties between Washington and Beijing grow more strained, with both sides trading barbs over who is to blame for the spread of the coronavirus disease.

As countries race to fight the coronavirus outbreak, many are boosting the surveillance of citizens in a move that's raising privacy concerns.

Finance Minister Rishi Sunak told the self-employed: "you have not been forgotten," as he announced plans to help those who have seen their work dry up amid a national lockdown.

Last month, BTS canceled its Seoul concert also scheduled for April as South Korea was grappling with its own outbreak.