CNBC Asia

SoftBank has been working toward an initial public offering of Arm Holdings more than a year from now but has received inbound interest in a potential acquisition, sources say.

California Gov. Gavin Newsom on Monday ordered all counties in the state to close all bar operations and the indoor operations of businesses including restaurants, movie theaters and museums, as Covid-19 cases continue to climb.

The Covid-19 death rate is rising again in the U.S. with an average of 700 new deaths a day as of Sunday, according to a CNBC analysis of Johns Hopkins University data.

Microsoft chose to offload a consumer property that became popular in China, but not without taking an equity stake in the new company.

"My fear in this is that we create these political footballs that get kicked around the place," Dr. Mike Ryan, executive director of the WHO's health emergencies program, said at a news conference.

"We have more co-morbid illness among young people in this country — more asthma, more obesity, more diabetes — so there is going to be higher risk with our school age population," former FDA chief Dr. Scott Gottlieb said.

"We're not going to use our children as a litmus test and we're not going to put our children in a place where their health is endangered," Cuomo said. "It's that simple."

World Health Organization officials said Monday that patients who recover from Covid-19 may be able to get the coronavirus again, adding that studies suggest their immunity may wane after a few months.

Last Wednesday, Cuomo blasted President Donald Trump for pressuring state officials to reopen schools in the fall.

WHO is holding a briefing on the Covid-19 pandemic.

The World Health Organization on Sunday reported a record daily rise in global coronavirus cases, according to Reuters.

Advisors to President Donald Trump were reportedly considering proposals to strike against the Hong Kong dollar peg, in response to China implementing a national security law on the city.

Georgia plans to convert Atlanta's Georgia World Congress Center into a makeshift hospital again as the state struggles with a rise in Covid-19 hospitalizations.

"I think in the next week the pattern of increasing deaths is going to become clear," said Larry Levitt, executive vice president for health policy at the Kaiser Family Foundation.

The move comes as TikTok, owned by Beijing-based ByteDance, is drawing scrutiny over its ties to China and the potential for the Chinese government to access user data.

"In our current situation, it is very unlikely that we can eradicate or eliminate this virus," said Dr. Mike Ryan, executive director of the WHO's health emergencies program.

"Dr. Fauci's a nice man, but he's made a lot of mistakes," Trump said in an interview with Fox News' Sean Hannity on Thursday.

White House health advisor Dr. Anthony Fauci has urged officials in states where the outbreak is worsening to reconsider reopening plans.

Cases in the United States rose with California and Florida among 12 states hitting record-breaking, seven-day averages for daily new cases, a CNBC analysis showed.