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Europe News Eastern Europe

  • European equities were seen opening slightly lower on Monday, as investors turn cautious following a dip in the U.S. dollar versus the euro and with oil prices rising.

  • A top Russian general on Friday said Poland's deal with the United States to set up parts of a missile defence shield on Polish territory lays it open to a possible military strike, a Russian news agency reported.

  • European equities were set to rise on Friday, tracking gains on Wall Street and in Asia, as a fall in commodity prices further eased concerns over consumer spending and inflation.

  • European equities were seen gaining ground on Thursday, recovering after the previous session's sharp losses as rising commodity prices help support heavyweight mining and energy shares.

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    Georgia and Russia agreed in principle to an EU-brokered peace plan over South Ossetia on Wednesday as the U.S. showed disapproval of Moscow's attacks on its neighbor.

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    UBS will separate its investment bank from its prized wealth management arm, paving the way to sell the business that made it Europe's biggest casualty of the credit crunch.

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    Russian President Dmitry Medvedev ordered a halt to military operations in Georgia on Tuesday, after five days of fighting and just before French President Nicolas Sarkozy was to hold peace talks in Moscow.

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    The Russian rouble and share indexes rebounded on Monday from a severe drop earlier in the day, boosted by President Dmitry Medvedev's statement the military conflict with Georgia might be nearing its end.

  • The developed markets are likely to continue to underperform, while the commodity and emerging market indices will generate better returns.

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    More and more U.S. investors are moving money across the pond, looking for opportunities within the European Union which  makes up 25 percent of the total global stock market capitalization of around $55 trillion.

  • Shifting focus to fast-growing Eastern Europe and shedding jobs in the mature Western European markets will ensure that the continent's second-largest bank meets its ambitious growth targets, UniCredit CEO Alessandro Profumo told "Squawk Box Europe" on Wednesday.

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    Romanian growth play Banca Transilvania, headquartered in the Transylvanian city of Cluj, is among those recommended by Erste Bank analysts.

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    This much is clear: European nation states are focusing on different ways of securing energy supplies for the long-term through a mix of politics and innovation.

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    Countries that have joined the European Union over the past few years have been touted as younger and more dynamic than their Western peers. The credit crunch has sifted the solid convergence plays from the very risky ones.

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    So what now for both teams? United have done the double and repeated the feats of their team in 1999. Their challenge will be motivating themselves to do it all again. For Chelsea they end the season without a trophy for the first time in three seasons. Motivation next season should not be an issue.

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    Red square may be surrounded by the Russian military,but inside things are very calm. Manchester United and Chelsea fans look relaxed ahead of the biggest game in English football history.

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    - Notes from an ECB groupie's travelog -

  • Up to 60 percent of Europeans may bank online by 2020, a level already reached by Sweden and Denmark today, Deutsche Bank said in a report on Tuesday.

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    When Rene Obermann took over Deutsche Telekom at the end of 2006 he was tasked with the firm's struggling domestic operations. But his non-domestic challenges have been—and continue to be—plentiful.

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    Private equity firms are hiring more staff in emerging markets to keep up with faster growth opportunities in Asia and Eastern Europe.