It is the first time Liverpool have won the competition, which features each continent's champions, and they became only the second English team to lift the trophy.
Brazil claimed its ninth Copa America title by beating Peru 3-1 with goals scored by Everton, Gabriel Jesus and Richarlison at Maracana Stadium in Rio de Janeiro.
Brazil will face either Venezuela or Argentina, for the tournament's semifinals. Brazil had been eliminated by Paraguay the last two times the teams met in the Copa America quarterfinals, in 2011 and 2015, both times in penalty shootouts.
Barcelona's Coutinho scores from the penalty spot early in the second half and added a close-range header three minutes later. Substitute Everton netted a sensational third five minutes from time to clinch a 3-0 victory against Bolivia.
Manchester United's Marcus Rashford and Porto's Alex Telles score penalties in extra time to help their teams win 3-1 against PSG and Roma respectively in the football Champions League round of 16 matches.
Retired Brazilian striker Ronaldo has been hospitalised with pneumonia on the Spanish holiday island of Ibiza and is recovering well.
The signing of the Ballon d'Or winner and top scorer in the Champions League for the last six seasons represents a major coup for Juventus, who have had a stranglehold on the Italian title since 2012 but have not won Europe's top prize since 1996.
Belgium held off five-time champion Brazil 2-1 on Friday and reached the World Cup semifinals for the first time in 28 years. They will face neighbours France in St Petersburg on Tuesday.
Neymar scored a stylish opener and set up substitute Roberto Firmino for a late second as Brazil cruised into the quarter-finals of the World Cup with a 2-0 win over Mexico on Monday.
The Champions League continues with the big names of European soccer Real Madrid hosting the indisputable kings of the continent with 12 titles led by five time world player of the year Cristiano Ronaldo.
Barcelona agrees to sign Liverpool star Philippe Coutinho for $192 million in the third most expensive deal of all time.
Istanbul's football club Besiktas came from behind to clinch a place in the Champions League last 16 by drawing with visiting Porto 1-1.
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