The likelihood of Greece exiting the euro zone over the next 12 to 18 months remains between 50 and 75 percent even after pro-bailout parties that plan to stick to European Union-imposed austerity won a victory in Sunday's elections, analysts at Citigroup Global Markets, the brokerage and securities arm of Citigroup, said on Monday.
The world economy sits on a “wobbly stool” but its three legs – Europe, the United States and China – remain solid, UBS Wealth Management said, reaffirming its view that investors should take on some risk, mostly in high-yield credit.
German bond prices could fall as much as 35 percent when the crisis in the euro zone comes to a head and their safe haven status becomes less attractive, Carl Weinberg, Chief Economist at High Frequency Economics said on Friday.
A new study by Dutch bank ING shows a third of Europeans would sacrifice money in return for the glory of their team winning the UEFA European Football Championship this summer.
Government spending cuts in developed countries are hurting job creation and exacerbating global youth unemployment, which remains close to the peak hit during the 2009 crisis, the International Labour Organization said on Tuesday.
Gold, used an alternative to the U.S. dollar by investors in search of safety, could see a move higher once markets have greater clarity on a resolution to the Greek debt crisis, Marcus Grubb, managing director of investment at the World Gold Council, told CNBC on Monday.
Angela Merkel’s conservatives failed to win back power in Germany’s most populous state on Sunday in an election widely seen as a key test for the German chancellor and her austerity-driven crisis-fighting strategy.
Following disappointing economic data from the U.S. and more volatility from elections in Europe, demand for gold will remain resilient, and the precious metal will not lose its appeal as the currency of last resort, Goldman Sachs says.
Elections in Greece on Sunday could throw the country into disarray once more, unsettling investors who believed that a deal struck earlier this year to restructure the country’s debt and avert a default marked the end of a major chapter in the euro zone debt crisis.
Far from being the "coloring in department," responsible for making people want to buy products, marketing now has a broader remit than ever.
Richard Curtis, the recipient of the LionHeart Award 2017, tells Carolin Roth that business and advertising can do well by doing good.
CNBC's Tania Bryer talks fame, feminism and fair pay with Hollywood's Alicia Silverstone and Mena Suvari.
CNBC looks at how the computer systems in F1 cars have made their way into regular vehicles.
FIA President Jean Todt discusses his start with the Ferarri team and the current problems facing F1.
F1 experts discuss whether the quieter engine sounds are making the sport less attractive.
John Manley of Wells Fargo says market valuations are high, while David Rosenberg of Gluskin Sheff says the dollar has been relatively stable.
Peter Spiegel of the Financial Times discusses the market impact of Brexit talks a year after the UK's vote to leave the EU.
Blackstone CEO Steve Schwarzman has spent $100M to launch his Beijing-centered scholarship program. Two Schwarzman Scholars share their stories.