CNBC Europe

The IMF had expected the global economy to experience its worst financial crisis since the Great Depression of the 1930s — now it has warned that things could be even worse.

The European Commission, the executive arm of the EU, said it will assess whether Apple's rules for app developers on the distribution of apps via the App Store breach EU competition rules.

New York Gov. Andrew Cuomo is holding his daily news conference Tuesday as the state pushes further into reopening.

The aim of the website is to boost tourism — a key economic driver for many EU countries — at a time when the industry grapples with severe financial uncertainty.

The European Union and the U.K. government have decided to intensify Brexit talks over the coming weeks amid growing concerns that both sides might fail to reach a trade deal by the end of the year.

Germany is set to launch an app to trace the contacts of coronavirus patients later this week.

Bernard Looney, chief executive of BP, said the coronavirus outbreak "increasingly looks as if it will have an enduring economic impact."

Airports have been heavily impacted by the coronavirus pandemic, with airlines stopping or significantly reducing their flights in the wake of lockdowns and travel restrictions to contain Covid-19.

On Thursday, Cuomo said New York will allow five central and upstate regions to move to phase three of reopening on Friday, permitting restaurants to reopen for indoor dining as well as other businesses.

The billionaire Facebook founder and his wife issued the statement in response to scientists funded by the Chan Zuckerberg Initiative.

During the global lockdown response to Covid-19, Mouratoglou created the Ultimate Tennis Showdown.

The European Union will agree to borrow billions of euros from financial markets this summer, a European official predicted Friday, despite ongoing differences.

Gross domestic product in the U.K. plummeted by 20.4% in the month of April, the largest fall since monthly records began in 1997.

At least 10 artworks from the airline's collection, which had previously been on display in its airport lounges, will be put up for sale, with one of the pieces valued at more than £1 million ($1.26 million).

Capping soccer players' pay would help bolster English clubs that were already being squeezed financially, financial services firm Deloitte has said.

The 19 finance ministers of the euro area are looking for a new president, at a time when the region is facing tough negotiations over a 750 billion euro ($851 billion) fiscal plan.

Germany's car manufacturing industry supports tens of thousands of jobs and exports are vital to the country's economy, but it faces big challenges and some experts fear for its future.

The world's largest fashion group, Inditex, reported its first quarterly loss Wednesday, as it described being "materially impacted" by the coronavirus pandemic.

Babylon users were able to see other patient's video consultations with their doctor in the app.

The strict lockdowns and travel restrictions imposed by countries around the world have led to a steep decline in business activity.