CNBC World News

The fall in oil prices since the initial deal announcement means Aramco will be paying the Public Investment Fund a premium of nearly 30% on Sabic's current price.

Stocks struggled on Wednesday following a big rally in the previous session that was fueled by a growing belief the worst may be over for the world's largest economy.

Emma Watson, the actress who rose to fame playing Hermione Granger in the Harry Potter movies, has joined the board of French luxury fashion group Kering as a director.

Britain has fined the London branch of Germany's Commerzbank 37.8 million pounds ($47.3 million) for failing to have proper controls to prevent money laundering, the U.K.'s financial watchdog said on Wednesday.

This week has seen a number of developments in the sector which could have an impact going forward.

The European Commission proposed Wednesday to have a bigger say when foreign state-backed firms buy stakes in European companies to a point where it could prohibit the merger.

The Bank of England is expected to expand its quantitative easing program on Thursday, but economists do not expect negative interest rates to be implemented this time around.

The Central Bank of Russia (CBR) is expected to cut its benchmark interest rate on Friday to its lowest level since the fall of the Soviet Union.

Tensions between the two Koreas may continue to rise after a joint liaison office in a border town was blown up, analysts said on Wednesday.

Russian President Vladimir Putin has a "disinfection tunnel" installed at his country residence to protect him from contracting the coronavirus, Russian news agency Ria Novosti reported Tuesday.

Facebook has come under criticism for allowing political ads to contain false statements. Now, Mark Zuckerberg says that users will be able to turn them off.

BP CEO Bernard Looney said in a report published Wednesday that some aspects of the energy system "continued to give cause for concern."

Belgium had the worst response to the coronavirus crisis out of OECD countries, while New Zealand's response was the strongest, according to a new ranking.

The coronavirus has infected more than 8.1 million people around the world as of Wednesday, killing at least 443,960 people.

Dutch firm Signify teamed up with Boston University researchers to establish how effective UV light is at degrading coronavirus.

February's election left a fractured landscape after nationalist party Sinn Fein secured the most seats in Ireland's Parliament in its history.

The decision to exclude Sweden from the lifting of Nordic travel restrictions hurts, Foreign Minister Ann Linde told CNBC.

There's a "healthy" pipeline of companies listing in Hong Kong, and one key trend ahead will be more tech firms who will increasingly do so, Hong Kong leaders say.

Citymapper told CNBC that it has raised capital from new investors amid reports that it is looking for a new buyer.

"We could not pause the job losses indefinitely — it was always a question of 'not if, but when'," Chief Executive Noel Quinn said in the memo.