CNBC World News

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.

Stocks rose on Thursday as traders weighed House Speaker Nancy Pelosi's latest remarks on the U.S. fiscal stimulus negotiations.

Elizabeth Warren and Ro Khanna called on top Democrats and Republicans in the House and Senate to "lay the groundwork to prevent and mitigate future pandemics."

New filings for jobless claims in the U.S. totaled 787,000 last week, nearly the lowest total since the early days of the coronavirus pandemic.

Morgan Stanley doubled its long-term valuation estimate for Elon Musk's SpaceX on Thursday to more than $100 billion.

Billionaire Elon Musk's car company on Wednesday posted its fifth straight quarter of profits.