Catherine Boyle reports on CNBC's Squawk Box and Street Signs, and writes for CNBC.com, focusing on the London market. She has covered stories like the 2015 U.K. general election, Pfizer's attempted takeover of AstraZeneca and the News Corp phone hacking trial. Catherine joined CNBC in 2011 after spending most of her career at The Times (of London), where she worked as a business correspondent and edited the City Diary. Her work has also been published in The Guardian, City AM and The Business. She is a graduate of the University of Cambridge and City University. Follow her on Twitter: @cboylecnbc
The fall has heralded a period of relative calm in the euro zone, which has been the focus of market worries for much of the past two years.
A “consumer revolution” will take place as close to 3 billion people join the global middle class in the next four decades, with the balance of power shifting inexorably to countries now classed as emerging markets, according to HSBC economists Karen Ward and Frederic Neumann. They predict that the emerging world will account for close to two-thirds of total global consumption by 2050 – up from less than a third in 2012.
The U.K. economy will get a boost from those who have had a “good recession” after its economic fundamentals changed for the better, according to an influential group of economists.
Spain's Prime Minister Mariano Rajoy has denied his embattled country will request a bailout this weekend, according to a media report on Tuesday, further confounding investors who are struggling to make sense of a raft of contradictory messages about when the country will formally seek aid.
Those who took part in the manipulation of the London interbank offered rate (Libor), the key benchmark rate, could face criminal prosecution even though Libor manipulation is not yet a criminal offense.
The fallout from the euro zone debt crisis will continue to hurt the region for the next decade, accountants Ernst & Young have warned.
Violent protests erupted on the streets of Athens on Wednesday. They could help the Greek government make its case for less stringent bailout conditions to its international creditors.
Commodities trader Glencore will buy a smaller stake in Kazakh zinc producer Kazzinc than it had planned in a $1.4 billion deal.
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