CNBC World News

European markets closed mixed Wednesday, as the number of coronavirus cases outside of China exceeded those inside the country for the first time.

"The sudden increases of cases in Italy, the Islamic Republic of Iran and the Republic of Korea are deeply concerning," WHO's Tedros Adhanom Ghebreyesus said.

Swedish fintech start-up Klarna has reported an annual loss for the first time, following years of profitability.

"The health ministry asked us not to talk about the numbers," the director of Qom's University of Medical Sciences in Iran said this week.

The diagnosis comes during Brazil's carnival holiday, a peak time for domestic travel when millions of revelers throng to major cities for raucous street celebrations.

The service, called Zity, will be rolled out in the French capital next month.

Top management at global companies are clueless on the full extent of the coronavirus impact, a portfolio manager told CNBC Wednesday.

More people know the PIN code to their partner's phone, or their favorite band, than are able to explain what their other half does for living, according to research.

British carrier easyJet has a "structural advantage" over its peers as airline stocks continue to be hammered by coronavirus fears, according to Miton Group Fund Manager Eric Moore.

Malaysia's decades-old political rivals Mahathir Mohamad and Anwar Ibrahim set out claims to lead the Southeast Asian country after Mahathir's shock resignation as prime minister sparked turmoil.

Exactly 25 years ago, Britain's oldest investment bank, which listed Queen Elizabeth II among its clients, was declared insolvent.

Europe continues to report a slew of coronavirus cases with France seeing its second death and Italy reporting its 12th death. Greece has also confirmed its first coronavirus case

Disruptions caused by the coronavirus will cause the world economy to shrink if the outbreak continues, Egyptian billionaire Naguib Sawiris told CNBC.

Zhong Nanshan, who has been dubbed the "SARS hero" by Chinese state media, was credited with finding the correct way to treat the disease 17 years ago. Foxconn said Zhong will give advice and guidance to the company on the coronavirus.

Peugeot maker PSA Group posted a higher-than-expected rise in 2019 revenue on Wednesday, although the volumes of cars sold declined.

A town often mocked in Britain for being dull and dreary has been named the country's best town or city to work in for the third consecutive year, according to a new study.

Amid accusations of a government cover-up, it's widely suspected that the number of cases and deaths in Iran are higher than officially reported.

Shares in mainland China led losses among major Asia Pacific markets on Wednesday as investors withdrew amid concerns over the coronavirus outbreak beyond China.

The Malaysian ringgit could slide further as the country grapples with a recent political upheaval and the coronavirus outbreak, says Gerald Ambrose of Aberdeen Standard Investments Malaysia.

CNBC spoke to Technogym founder Nerio Alessandri to found out more about how he went from designing gym equipment in his garage in Italy to building a $2.4 billion fitness empire.