CNBC World News

Traders on Robinhood and SoFi Invest rushed to buy the United States Oil ETF, which crashed this week and has lost more than 80% of its value this year.

Facebook Marketplace is one of the biggest second-hand buying and selling platforms in the world.

Britain's health minister Matt Hancock promised on Thursday to expand coronavirus testing to all those considered key workers.

Riders across the U.K. told CNBC that demand for takeouts has plummeted as a result of the coronavirus pandemic.

South African President Cyril Ramaphosa announced a $26 billion fiscal stimulus package, the largest in his country's history, to tackle the economic fallout from the coronavirus.

Dutch food delivery firm Takeaway.com's £6.2 billion takeover of British rival Just Eat has been cleared by the U.K. competition regulator.

The historic plunge in oil prices earlier this week has left some major exporters of the commodity scrambling to shore up their economies.

The project could help local council reduce carbon emissions.

There's a lot at stake when European leaders host their fourth coronavirus call Thursday as they seek further funding to alleviate the economic shock from the pandemic.

Australia will push for an international investigation into the coronavirus pandemic at next month's annual meeting of the World Health Assembly; Spain's daily death toll stubbornly high but steady.

For more than seven decades, the United States dollar has been the world's reserve currency, with a majority of international transactions using the greenback. CNBC's Uptin Saiidi explains how it became so strong and explores whether its position could be threatened.

The Swiss lender set aside 568 million Swiss francs for potential loan losses, mainly as a result of the coronavirus pandemic, and warned it expected "Covid-19-related uncertainty to persist."

It has never been implemented in the euro zone, but ultimately the ECB could reach a point where so-called "helicopter money" is its best option.

Euro zone business activity hit another record low during April in another sign that the coronavirus pandemic is causing severe economic damage across the region.

The move makes Western Europe's biggest crude producer the first oil major to cut its dividend this earnings season.

The coronavirus pandemic has thrown the oil industry into crisis and exposed the fragility of the fundamentals in the global market — with a lack of storage for surging supply and dismal demand creating a perfect storm for prices.

German Chancellor Angela Merkel has said the end of the coronavirus pandemic is not yet in sight and that we will have to live with the virus "for a long time."

Markets, especially developed ones, could still hit new lows despite showing resilience and making gains amid the ongoing coronavirus crisis, said Mark Jolley of CCB International Securities.

The exact dates and timing of reopenings have yet to be announced, but are highly anticipated by business owners hit hard by the lockdowns aimed at curbing the spread of the coronavirus.

Sweden went against the grain by keeping public life as unrestricted as possible when the coronavirus hit. Now, it says its strategy appears to be working.