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CNBC Franchise Archive Europe: Economy

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  • Markets latest: US averages pop; Europe, China soar Thursday, 27 Aug 2015 | 9:38 AM ET
    Shanghai stock exchange

    European bourses have opened sharply higher with the German DAX posting gains of over 3 percent.

  • Europe markets rebound Thursday, 27 Aug 2015 | 6:13 AM ET
    Europe markets rebound

    CNBC's Seema Mody reports on early trading action in Europe

  • Ukraine reaches debt relief deal with creditors Thursday, 27 Aug 2015 | 5:54 AM ET

    As part of the deal, investors who own Ukraine's bonds will write off 20 percent of their holdings, shrinking $19 billion in sovereign debt to $15.5 billion, Prime Minister Arseniy Yatsenyuk told the government. Ukraine will pay nothing on its bonds if its economy grows less than 3 percent annually. The IMF announced in February it would raise some $40 billion for...

  • FRANKFURT, Aug 27- Lending to euro zone households and firms accelerated slightly in July, European Central Bank data showed on Thursday, in a sign that the bank's aggressive asset-purchase programme is bringing some results. "The ECB's monetary stimulus is working its way through the system," said Holger Schmieding, an economist at Berenberg Bank in London.

  • ATHENS, Greece— Greece's first female prime minister, a top judge, was sworn in Thursday to head a caretaker government ahead of early elections next month in the bailout-dependent country. Supreme Court head Vassiliki Thanou, 65, was appointed after radical left Prime Minister Alexis Tsipras resigned, seeking a stronger mandate to implement tough austerity...

  • The economy as measured by gross domestic product expanded at an annual rate of 3.7 percent in the April-June quarter, the Commerce Department reported Thursday. There's been a lot of reports in the news, stock markets swinging, worries about China and about Europe, "Obama said during a tour of New Orleans to see rebuilding efforts since Hurricane Katrina 10...

  • Europe market volatile: ISS CEO Thursday, 27 Aug 2015 | 2:30 AM ET
    Europe market volatile: ISS CEO

    Jeff Gravenhorst, CEO of ISS, says he hasn’t yet seen a pick-up in the European market, but says the company can still grow despite instability.

  • Don’t see broad growth for Europe: CEO Thursday, 27 Aug 2015 | 2:00 AM ET
    Don’t see broad growth for Europe: CEO

    Jim McCaughan, CEO of Principal Global Investors, says he doesn't see the kind of traction that would lead to broad growth in Europe.

  • Asian stocks rise after US data calms investor nerves Thursday, 27 Aug 2015 | 12:49 AM ET

    Investors were in a buying mood again on Thursday, driving U.S. stocks higher for the second straight day as they took advantage of this month's sell-off. Energy stocks surged as the price of U.S. oil jumped more than 10 percent, closing back above $40 a barrel. "Asset prices sold off so much and so drastically, people went in and did start to bottom-fish," said David Lyon,...

  • SEOUL, Aug 27- Brent crude climbed by more than $1 a barrel on Thursday on an unexpected fall in U.S. crude inventories and a rally in global equity markets, but a stronger dollar capped gains. Front-month Brent, the global oil benchmark, had gained $1.03 to $44.17 a barrel by 0225 GMT, having ended down 7 cents at $43.14 on Wednesday. U.S. crude's front-month contract...

  • New radical Greek leftist leader calls for Grexit Wednesday, 26 Aug 2015 | 12:52 PM ET
    A pro-Euro protester holds a European Union and a Greek national flag during a rally in front of the parliament building in Athens, Greece, July 9, 2015.

    A leftist party has emerged in Greece and its leader wants an end to EU 'totalitarianism' and austerity. What's next in this drama?

  • NEW YORK, Aug 26- An interest rate hike next month seems less appropriate given the threat posed to the U.S. economy by recent global market turmoil, an influential Federal Reserve official said on Wednesday. Dudley, a dovish policymaker and close ally of Fed Chair Janet Yellen, however left the door open to raising rates for the first time in nearly a decade when the...

  • Europe ends sharply down on China fears; Syngenta sinks 18%

    European stock markets closed sharply lower on Wednesday, as investors tried to understand the state of China's economy.

  • China steps mean more business: CEO Wednesday, 26 Aug 2015 | 11:15 AM ET
    China steps mean more business: CEO

    Suez Environnement CEO Jean-Louis Chaussade, and Lafarge Holcim's honorary chairman, Bruno Lafont, explain why they aren't worried about China's weakening growth.

  • How French unemployment impacts Adecco Wednesday, 26 Aug 2015 | 11:15 AM ET
    How French unemployment impacts Adecco

    Christophe Catoir, CEO of Adecco France, talks about the current state of France's labor market and how it impacts his company.

  • Novo Nordisk adding diabetes drug output in NC, Denmark Wednesday, 26 Aug 2015 | 10:39 AM ET

    RALEIGH, N.C.— Danish drug maker Novo Nordisk said Wednesday it will open new factories in North Carolina and Denmark as pharmaceutical companies seek to keep up with demand for diabetes medications in an increasingly overweight world. Novo Nordisk plans to invest about $2 billion over the next five years in new production facilities in the Raleigh suburb of...

  • BERLIN, Aug 26- Germany's export exposure to China, for years a source of economic strength, is fast turning into a risk that raises questions about the health of other sources of growth in Europe's largest economy. For years, its EU peers tried- and failed- to match Germany's export prowess in China, where German companies profited from the infrastructure and...

  • Markets latest: China stimulus, US shares rise Wednesday, 26 Aug 2015 | 9:31 AM ET
    A trader works on the floor of the New York Stock Exchange.

    The Shanghai Composite index fluctuated Wednesday, ahead of further stimulus measures unveiled by the People's Bank of China.

  • *Paddy Power surges on Betfair merger plan. *Europe bourses in 2015: http://link.reuters.com/pap87v. LONDON, Aug 26- The pan-European FTSEurofirst 300 index pared losses of nearly 3 percent on Wednesday, despite persistent concerns about China's economy, on hopes of further monetary support from the European Central Bank.

  • China fears weigh on European markets Wednesday, 26 Aug 2015 | 6:09 AM ET
    China fears weigh on European markets

    CNBC's Seema Mody reports volatility continues as markets trade lower in Europe.

Contact Europe: Economy

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