CNBC World News

U.S. stocks jumped on Monday after preliminary coronavirus vaccine data from Moderna lifted expectations of a strong economic recovery.

"If we can do that we will be back to a normal state by the end of next year," Dr. Carlos del Rio of Emory University told CNBC.

Spanish financial group BBVA has agreed to sell its U.S. business, BBVA USA Bancshares, to PNC Financial Services Group for $11.6 billion, the American firm announced Monday.

As working from home looks set to continue following the coronavirus pandemic, a U.K. research center has warned that this could lead to increased prejudice. 

"If these full data sets hold, when the full data comes out, we may have two highly effective vaccines against Covid," Dr. Scott Gottlieb told CNBC on Monday.

Austrian privacy activist Max Schrems' non-profit group Noyb alleges Apple's use of a tracking code on iPhones breaches European law.

The race to deliver a vaccine coincides with a scramble to secure future supplies, even before their safety and efficacy have been established.

Professor Ugur Sahin, co-founder and chief executive of BioNTech, also suggested the coronavirus vaccine could halve transmission of the virus.

British Prime Minister Boris Johnson is self-isolating after coming into contact with a member of parliament who has tested positive for coronavirus.

Trump admitted publicly for the first time that Joe Biden has won the presidential election. The acknowledgement came on Twitter.

The tech that underpins rail networks is changing as operators attempt to boost performance.

It appears that Sony has a stronger game lineup and will sell more consoles than Microsoft this holiday. That isn't necessarily a problem for Microsoft.

SpaceX's Falcon 9 rocket launched Crew Dragon spacecraft "Resilience" to orbit on Sunday, marking the beginning of a new era of human spaceflight for NASA.

It could be "potentially catastrophic" if President-elect Biden doesn't receive highly confidential briefings before his inauguration, said David Adelman, a former U.S. ambassador.

China and 14 other Asia-Pacific countries signed the Regional Comprehensive Economic Partnership, or RCEP — the world's largest trade agreement.

Paul Scanlan said whenever there "is a change in government, there is always the opportunity to reset the relationship."

Etihad Airways is set to launch daily scheduled flights to Tel Aviv, in another sign that Emirati business is actively tapping Israeli markets for reciprocal growth opportunities. 

Signing the Regional Comprehensive Economic Partnership (RCEP) shows the U.S. and the West have "misread" China, said Chinese state-backed tabloid Global Times.

Paytm says it has more than 50% market share in the merchant payments segment and provides services including in areas of banking and wealth management.

Fifteen Asia-Pacific countries, including China, Japan, Australia and Singapore, on Sunday signed the Regional Comprehensive Economic Partnership (RCEP).