CNBC World News

Italian stocks suffered their biggest daily decline since 2016 on Monday, as the euro zone's third-largest economy grappled with the largest coronavirus outbreak outside of Asia.

Austria said on Monday it would stop suspected coronavirus cases from crossing its border, a day after it held up a train from Italy for four hours to wait for test results on two passengers. Austria has yet to have a confirmed case of coronavirus.

Sanofi said on Monday it intended to create a standalone company dedicated to the production of active pharmaceutical ingredients.

Growing coronavirus fears saw the dollar crowned the big winner in currencies last week, and analysts are expecting further rises — primarily due to a lack of alternatives.

Huawei's Mate Xs feels more like an update to the firm's original folding phone, but it's much sturdier thanks to a more robust hinge.

A U.K. court on Monday began to consider whether Julian Assange should be extradited to the U.S. to face espionage charges.

The Chinese tech giant created the new speaker, called the Huawei Sound X, in partnership with French audio specialists Devialet.

Lebanon was hit with a double downgrade over the weekend by S&P and Moody's, dragging its sovereign credit rating further into junk territory.

Stock markets around the world are selling off on Monday morning as coronavirus cases spike in Italy, South Korea and the Middle East.

Disney reduced the price of an annual subscription from £59.99/€69.99 ($77.42) to £49.99/€59.99. It's a limited-time offer — people must subscribe by March 23 and the price is for the first year only.

Stock markets around the world are selling off Monday morning, amid spiking coronavirus cases in Italy, South Korea and the Middle East.

Technology has been described as a "submerged wave power buoy"

Mahathir's resignation followed a weekend filled with speculation that the ruling coalition, Pakatan Harapan, could lose power.

The total number of cases rose to 833 on Monday afternoon, compared to the 31 reported as of Feb. 18, according to the Korea Centers for Disease Control and Prevention.

The Chinese government is rallying the people to get back to work even as the country continues to battle the virus outbreak, amid city-wide lockdowns and quarantines in the worst-hit regions.

Stocks in South Korea plunged on Monday as the country reported an additional 161 new cases on Monday, and the death toll rises to 7.

North Korea has reportedly quarantined 380 foreigners as part of efforts to prevent the coronavirus outbreak.

Italy's biggest bank UniCredit said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following media reports that he was being considered for the top job at rival HBSC.

"We want to see a reform plan that is viable and doable and then we will take action," Saudi Finance Minister Mohammed al Jadaan said of Lebanon.

Some Asian markets and sectors could be immune from the economic fallout resulting from the ongoing coronavirus outbreak, said BNP Paribas.