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African Union reaffirms support for WHO amid COVID-19 pandemic

Chairperson of the African Union (AU) and President of the Republic of South Africa Cyril Ramaphosa has reaffirmed the union’s support for the World Health Organization’s (WHO) efforts to combat the global COVID-19 pandemic.

COVID-19 drives Sub-Saharan Africa toward first recession in 25 years – World Bank report

Growth in Sub-Saharan Africa has been significantly impacted by the COVID-19 pandemic and is forecast to fall from 2.4% in 2019 to -2.1% to -5.1% in 2020, the first recession in the region over the past 25 years, according to the World Bank’s latest Africa’s Pulse report.

Twitter CEO Jack Dorsey pledges $1 billion of Square stake for COVID-19 relief efforts

Twitter Inc (TWTR.N) Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc (SQ.N), the payments processor that he co-founded and heads, to help fund relief efforts related to the coronavirus pandemic.

Global leaders issue G20 call to action to co-ordinate world response to COVID-19

A group of 165 past and present global leaders have come together to demand the creation of a G20 executive task force and an immediate global pledging conference to approve and co-ordinate a multi-billion dollar fund to fight against the COVID-19 pandemic.

How a billionaire gamer built a pandemic-proof business | Make It International

Business is booming for gaming giant Razer, as large swathes of the globe stay indoors to combat the coronavirus. CNBC Make It’s Karen Gilchrist spoke to the company’s self-made billionaire co-founder, Min Liang Tan, to hear how he’s pivoting his brand in response -- and what it could mean for the future of entertainment. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi...

Coronavirus May Cause The U.S. To Vote From Home

As states and jurisdictions move elections later in the calendar and call for voters to request absentee ballots, the country faces the possibility of holding a presidential election in the middle of a pandemic. » Subscribe to CNBC: https://cnb.cx/

How J.C. Penney Is Trying To Make A Comeback

As of April 2020, J.C. Penney saw its shares trading well below $1, and it has long been in danger of being delisted by the New York Stock Exchange. The fate of the company now rests in the hands of its new CEO, Jill Soltau, who took the reins in Oct

How Zoom Rose To The Top During Social Distancing

Zoom has gained an incredible amount of popularity, but that popularity comes at a cost. The company is under intense scrutiny now that hundreds of millions of people are using the platform. But Zoom is in the game for the long haul, if it can surviv

Can Cruise Lines Recover From Coronavirus?

The COVID-19 outbreak has laid waste to entire sectors of the global economy, but none faster than the cruise business. The pandemic has basically shut it down with the three largest publicly traded cruise companies suspending some, if not all, of th

How Airlines Are Trying To Protect Passengers From Coronavirus

Health officials say air travel is causing viruses and bacteria to spread around the world faster than ever before. Airlines, at the center of the coronavirus epidemic, have come under intense scrutiny for the safety and cleanliness of their cabins.

Coronavirus Leaves 3M Scrambling To Cover A Face Mask Shortage

The United States industrial giant is the maker of Post-It notes, Scotch Tape, and one of the most desperately needed medical supplies in the world right now: N95 facial masks. The $32 billion Minnesota conglomerate 3M is one of the world’s larges

How Montana Became A Hub For Amazon Prep Centers

Prep centers have become an important part of Amazon’s vast supply chain. Though not overseen by Amazon directly, prep centers work with Amazon’s third-party sellers to get packages ready to be shipped to Amazon’s warehouses. CNBC traveled to R

Can the coronavirus outbreak be contained? | CNBC Reports

By the time the novel coronavirus was declared a pandemic by the World Health Organization on March 11, nearly 120,000 people were infected worldwide, with at least 4,292 deaths. As a wave of panic spread across the globe, governments mobilized resources to contain the outbreak, exposing flaws in current health systems. With the world becoming more interconnected, CNBC’s Nessa Anwar examines how countries can prepare for a viral outbreak. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi...

Why The U.S. Probably Won’t Run Out Of Food During Coronavirus

While the American public stays home to slow the spread of the coronavirus, they are eating more meals in personal kitchens and less in restaurants. Supermarkets around the country are struggling to maintain stocked shelves and to keep up with the in

How Coronavirus Quarantines Lead To A Drop In Air Pollution

As coronavirus quickly spreads around the world, the virus is forcing people to stay put. People aren’t driving or flying, leading to a massive reduction in air pollution, most notably in China, but also in Italy, the U.S. and other hard-hit areas

How The U.S. Fell Dangerously Behind In Coronavirus Testing

The deadly coronavirus pandemic has stopped the world in its tracks, and exposed a weak spot in the United States’ preparedness for a public health emergency. Experts say aggressive diagnostic testing is essential in order to learn where and how an

How The U.S. Can Solve Ventilator Shortages During Coronavirus

The global coronavirus outbreak has pushed the U.S. health system to the brink. Hospitals are already running out of basic supplies like masks, eye gear, gowns and ventilators. Ventilators are key in helping keep people with the most severe cases of

Is a global debt crisis coming? | CNBC Explains

Total worldwide debt is expected to continue growing over the coming months, despite having just climbed to a fresh all-time high. Given the three previous waves of global debt accumulation have all ended with financial crises, CNBC’s Sam Meredith takes a look at the risks associated with the latest build-up. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi #CNBC #Debt #Economy...

Tracking Dr. Anthony Fauci’s Comments On Coronavirus

Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, has been a key figure for the American public since the coronavirus outbreak began. Watch a timeline of his comments on COVID-19 as the outbreak turned into a g

Why Coronavirus Is Dangerous For Diabetics

Coronavirus can be terrifying for an average healthy person but what about those who are considered “high risk.” The Center for Disease Control and the World Health Organization state those at higher risk for the worst outcomes for the virus are

Can Major U.S. Airlines Survive The Coronavirus Outbreak?

The golden age for airlines could be ending thanks to the spike in worldwide cases of COVID-19. A drop in crude prices would normally be a positive for airlines. However, border closings, event cancellations, and the potential for travelers to end up

What it really means to be ‘Made in China’ | CNBC Reports

What does it mean to be ‘Made in China?’ As supply chains grow increasingly global, the answer is rarely simple. CNBC’s Uptin Saiidi reports from the world’s two largest economies. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi...

What Coronavirus Means For The Future Of Work From Home

Social distancing regulations to combat the coronavirus outbreak are forcing millions of Americans to work remotely. However the trend of working at home has been on the rise of a while, with regular work at home growing 173 percent since 2005 accord

World Bank moving forward on first $1.7 bln in pandemic aid projects

The World Bank’s executive board is expected to consider later this week the first fast-track funds to help Afghanistan and Ethiopia respond to the coronavirus pandemic, the Bank’s president said on Sunday.

How Coronavirus Could Slow Down Amazon Deliveries

As Amazon orders surge, coronavirus delays deliveries and threatens to put sellers out of business. Millions of people are told to stay indoors amid coronavirus scares and grocery store shelves empty, Amazon is facing an unprecedented surge in online

Hopes are high for a coronavirus treatment, which could come much quicker than a vaccine

Scientists around the globe are racing to develop tests, treatments and vaccines to combat the COVID-19 disease.

Tracking President Trump’s Response To COVID-19

President Donald Trump’s response to COVID-19 has been under fire since the first cases began appearing in the United States in late January 2020. Here’s how his response has evolved since then to late March 2020, when state and federal governmen

As the coronavirus arrives in Africa, fragile economies are bracing for the worst

KEY POINTS The global demand shock and supply chain disruption from shutdowns around the world, combined with...

The Economic Impact Of Coronavirus Event Cancellations

Major tech conferences around the world are scrapping their events due to coronavirus. As of early March, the economic impact of these cancellations had surpassed $1.1 billion and since that time, the number has only increased as more events are scra

Mauritius confirms first three cases of coronavirus

Mauritius has confirmed its first three cases of coronavirus, its government said in a statement on Thursday.

Latest

Why business should not throw in the towel in the face of COVID-19

“I would like to appeal to all large businesses not to resort to force majeure and stop paying their suppliers and rental commitments , as such practice has a domino effect on all other businesses dependent on that chain,”

SA extends lockdown by two weeks until end April

South Africa's President Cyril Ramaphosa on Thursday evening extended the country's lockdown by two weeks until the end of April to slowdown...

COVID-19: Trump hold on finances would hurt our work in Africa – WHO.

"If that decision is made it would severely impact our work here in Africa,” says Moeti.

Update on Rupert family’s R1bn COVID-19 fund

This week Johann Rupert’s R1billion Sukuma fund had to close doors on desperate small businesses wanting help to fight the impact of COVID-19 lockdowns.

World Bank considers debt relief for Africa to fight COVID-19

The World Bank expects COVID-19 to cost Sub-Saharan Africa up to $79 billion in lost output in 2020, plunging the region into its first recession in a quarter of a century. World Bank’s Chief Economist for Africa, Albert Zeufack joins CNBC Africa for more.