GO
Loading...

Enter multiple symbols separated by commas

Europe: Economy

More

  • *Vlieghe to retain interest in Brevan Howard hedge fund. LONDON, July 29- New Bank of England policymaker Gertjan Vlieghe will retain a financial interest in one of the world's biggest hedge fund firms while he sets interest rates, an arrangement which Britain's finance ministry said posed no conflict of interest. Some economists privately expressed surprise...

  • Are European shares cheap?

    Andrew Parry, head of equities at Hermes, discusses the earnings trend in European companies emerging this quarter.

  • Greece has endured financial and political chaos since its referendum on July 5 on a bailout proposal by the country's rescue creditors. They let Greece's existing bailout expire, forcing the country to take the drastic action of shutting its banks for three weeks and putting limits on money withdrawals and transfers. The photographs here chronicle...

  • BERLIN— A closely-watched survey indicates German consumers remain optimistic but are showing signs of worry about the country's economic situation amid uncertainty about Greece's financial future. The GfK report says "consumers apparently assume that the hard-won solution in the debt dispute with Greece will have negative consequences on the German...

  • BEIJING— General Motors Co.' s $5 billion initiative to create cars for China and other emerging markets comes just as automakers face a collapse in the booming Chinese demand they were counting on to power their growth. On Wednesday, Volkswagen AG said its second-quarter profit fell 16 percent due partly to weakness in China, where first-half sales fell 0.5...

  • Investors gather to check share prices in a security firm in Shanghai.

    Chinese investors recovered their poise as we geared up for another bumper day of earnings and the Federal Reserve monetary policy meeting.

  • KEEPING SCORE: France's CAC 40 rose 0.3 percent to 4,987.80 and Germany's DAX added almost 0.1 percent to 11,172.36. Britain's FTSE 100 gained 0.6 percent to 6,592.59. Wall Street was set to rise, with S&P 500 and Dow futures each 0.2 percent higher.

  • WASHINGTON— The Federal Reserve is moving toward raising interest rates from record lows— just not likely yet. The meeting will end with a policy statement but no news conference by Chair Janet Yellen. "Our economy is in a much better state," Yellen told Congress earlier this month.

  • ATHENS/ BRUSSELS, July 28- Conflicting statements and denials flew between Athens and Brussels on Tuesday in a war of nerves highlighting the depth of mutual mistrust over a new round of negotiations on an 86 billion euro bailout that started this week. Differences included the pace and conduct of bailout talks, whether or not Greece needs to enact further laws...

  • European stocks finish higher; RSA surges 20% Tuesday, 28 Jul 2015 | 11:30 AM ET
    European stocks finish higher; RSA surges 20%

    European equities ended in positive territory on Tuesday, as investors kept an eye on the slew of earnings and the start of the Federal Reserve meeting.

  • Asian stocks post cautious gains ahead of Fed statement Tuesday, 28 Jul 2015 | 10:17 AM ET

    "We just don't see any significant catalyst that will move this market higher, even after last week's declines," said Kristina Hooper, global market strategist with Allianz Global Investors. UPS rose $4.82, or 5.1 percent, to $99.94. UPS earned $1.23 billion, or $1.35 per share, for the three months ended June 30.

  • *Economists see Bank of England rate rise? LONDON, July 28- British economic growth got back on track in the second quarter but the strength of the pound hurt manufacturers, putting the Bank of England in a tricky spot as it gets closer to raising interest rates. "Sterling strength has clearly been a key driver behind the re-emergence of the two-speed economy, making...

  • *GDP down 4.2 pct year on year in June. MOSCOW, July 28- The sharp decline in Russia's economy may have almost run its course, official data showed on Tuesday, slowed by a huge devaluation of the rouble and heavy government spending on anti-crisis measures. The economy has slumped as a result of Western sanctions linked to the Ukraine conflict and last year's...

  • Britain's economy grows 0.7 percent in second quarter Tuesday, 28 Jul 2015 | 5:21 AM ET

    LONDON— Britain's economy picked up speed in the second quarter of 2015, when it expanded by 0.7 percent compared with the previous three-month period. The Office of National Statistics said Tuesday that the economic growth in the April-June period accelerated from a rate of 0.4 percent in the previous quarter. Chris Williamson, analyst at Markit.com, says...

  • ATHENS, Greece— Greece pushed ahead with talks on a new rescue loan Tuesday, but its government came under increasing pressure over claims it had a top-secret plan to prepare for a euro exit that involved accessing citizens' personal tax data. The talks in Athens aim to thrash out the terms of the deal— worth about 85 billion euros over three years— before Aug. 20, when...

  • On Tuesday's Squawk Box Live we kept an eye on markets as Asian equities saw volatile trade on the back of a China stock rout.

  • GDP shows UK is back on track: Pro Tuesday, 28 Jul 2015 | 4:40 AM ET
    GDP shows UK is back on track: Pro

    U.K.'s second quarter GDP came in at 0.7% quarter-on-quarter, meeting expectations. Elizabeth Martins, chief UK economist at HSBC, reacts.

  • Management shakeup: Catalyst for investment? Tuesday, 28 Jul 2015 | 4:30 AM ET
    Management shakeup: Catalyst for investment?

    Philippe Bodereau, MD & global head of financial research at Pimco, reveals whether earnings and new management roles have made him more bullish on European banks.

  • MOSCOW, July 28- Russia's gross domestic product shrank by 4.2 percent in June from a year earlier but the contraction was shallower than May's revised 4.8 percent fall, adding to signs the economy may have started to stabilise. Russia's growth prospects deteriorated sharply midway through last year, when an existing slowdown was compounded by Western...

  • DIARY-Top Economic Events to Aug 10 Monday, 27 Jul 2015 | 8:01 PM ET

    SYDNEY- Reserve Bank of Australia Governor Glenn Stevens speaks at the Boao Forum for Asia Financial Cooperation Conference, hosted by the New South Wales government- 0030 GMT. KYOTO- Bank of Japan board member Koji Ishida speaks to business leaders in Kyoto- 0130 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting.

Contact Europe: Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.