CNBC World News

The punishment meted out by the board of the New York-based bank may be viewed as an indirect acknowledgement that Goldman's leaders had some responsibility for the episode.

Barclays on Friday reported a net profit attributable to shareholders of £611 million ($797.7 million) as the British lender attempts to plot a recovery from the coronavirus pandemic.

Homes old and new are being fitted with kit designed to make them more efficient.

The world's largest retailer will help suppliers buy renewable energy via power purchase agreements.

Multi-Grammy award-winning Nile Rodgers told CNBC that he doesn't know if his live shows can ever be the same again following the Covid-19 crisis.

Economic activity in the euro zone shrunk in October, flash data showed on Friday.

The Chinese currency, also known as the renminbi, strengthened this week to levels against the U.S. dollar not seen in more than two years.

Huawei touted a powerful new 5G chip with its new Mate 40 smartphone lineup. The company faces a supply shortage due to U.S. sanctions.

Animals, plants and trees are helping to shape the urban environment.

U.S. sanctions, including the blacklisting of Huawei and moves to cut the Chinese company off from key semiconductor supplies, are weighing on the results.

Lufax said it will issue 175,000,000 American depositary shares (ADS) which will be priced between $11.50 and $13.50 per share

The U.S. Food and Drug Administration approved Gilead Sciences' antiviral drug remdesivir for the virus. The intravenous drug has helped shorten the recovery time of some hospitalized Covid-19 patients.

In a future driven by electric vehicles, China is poised to dominate if the U.S. does not transform its automobile industry in coming years.

White House press secretary Kayleigh McEnany told reporters Trump was tested for Covid-19 on Air Force One as he traveled to the debate hall in Nashville.

"We're about 1.6 million tons a year of our products going to automotive. Will double that in the next several years," Nucor CEO Leon Topalian told CNBC.

Former President Barack Obama held a drive-in campaign rally in Philadelphia for his former vice president, Joe Biden.

GM stock closed at $37.41, up 4.6% – pushing the shares for the year in the black (up 2.2%) for the first time since Jan. 2.

The pandemic fueled growth in Intel's PC business, but data center spending fell off in the quarter.

"Let them go bankrupt," O'Leary said of airlines, whose industry is expected to burn $77 billion in cash in the second half of 2020.

The deal resolves an issue that has weighed on CEO David Solomon since he took over from Lloyd Blankfein two years ago.