CNBC World News

"It's not just looking at things still depressed. It's looking at where the bottom is and are we starting to march our way upward?"JP Morgan Chase global economist Joseph Lupton said.

Italy's prime minister has called for calm as the coronavirus spreads throughout Italy while lockdowns, closures and misinformation provokes panic among the public.

U.S. government bonds have been a safe haven for investors amid cascading losses on Wall Street.

Billionaires should be grateful for their good fortune and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya said Wednesday.

In the first Democratic presidential debate since Bernie Sanders earned a big target on his back, Democratic candidates jumped into an often chaotic and uncomfortable fray.

In the face of a global health emergency, some university study abroad programs are sending students home immediately. Others are staying open — for now.

European markets closed mixed Wednesday, as the number of coronavirus cases outside of China exceeded those inside the country for the first time.

"The sudden increases of cases in Italy, the Islamic Republic of Iran and the Republic of Korea are deeply concerning," WHO's Tedros Adhanom Ghebreyesus said.

Swedish fintech start-up Klarna has reported an annual loss for the first time, following years of profitability.

"The health ministry asked us not to talk about the numbers," the director of Qom's University of Medical Sciences in Iran said this week.

The diagnosis comes during Brazil's carnival holiday, a peak time for domestic travel when millions of revelers throng to major cities for raucous street celebrations.

The service, called Zity, will be rolled out in the French capital next month.

Top management at global companies are clueless on the full extent of the coronavirus impact, a portfolio manager told CNBC Wednesday.

More people know the PIN code to their partner's phone, or their favorite band, than are able to explain what their other half does for living, according to research.

British carrier easyJet has a "structural advantage" over its peers as airline stocks continue to be hammered by coronavirus fears, according to Miton Group Fund Manager Eric Moore.

Malaysia's decades-old political rivals Mahathir Mohamad and Anwar Ibrahim set out claims to lead the Southeast Asian country after Mahathir's shock resignation as prime minister sparked turmoil.

Exactly 25 years ago, Britain's oldest investment bank, which listed Queen Elizabeth II among its clients, was declared insolvent.

Europe continues to report a slew of coronavirus cases with France seeing its second death and Italy reporting its 12th death. Greece has also confirmed its first coronavirus case

Disruptions caused by the coronavirus will cause the world economy to shrink if the outbreak continues, Egyptian billionaire Naguib Sawiris told CNBC.

Zhong Nanshan, who has been dubbed the "SARS hero" by Chinese state media, was credited with finding the correct way to treat the disease 17 years ago. Foxconn said Zhong will give advice and guidance to the company on the coronavirus.