WASHINGTON— Commerce Department releases personal income and spending data for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m.. WASHINGTON— Commerce Department releases international trade data for June, 8:30 a.m.; Institute for Supply...» Read More
Euro zone economic sentiment improved more than expected across all sectors in January, rising for the third time in a row in a sign the economy could be emerging from a low point in the fourth quarter of 2012.
Greece, Portugal and Spain are reversing the loss of wage competitiveness that was a significant cause of the euro zone crisis, the Conference Board said on Wednesday.
Spain's gross domestic product fell 1.8 percent in the fourth quarter from a year earlier according to preliminary data from the National Statistics Institute on Wednesday.
Italy's technocrat prime minister, Mario Monti, is likely to lead the country again after the national election in February, Coutts Chief Investment Officer Norman Villamin told CNBC.
The policy of quantitative easing pursued by the Bank of England since 2008 has hurt the nation's savers and any further stimulus would have marginal benefits, according to evidence heard by U.K. policymakers.
The city of Dijon has just sold off half of its prized municipal wine cellar to help fund local social spending – including a bottle of 1999 Burgundy knocked down at auction for 4,800 euros to a Chinese buyer. The FT reports.
The Swedish investment company, Investor AB, has hiked its dividend after its fourth quarter net asset value (NAV) per share rose by 12 percent from a year ago.
U.K. employment creation has had a "+" sign in front of it for the last two years at the same time as gross domestic product shows the U.K. has not fully emerged from recession. How is this possible?
The world's top economic policymakers are likely to discuss how Japan's new monetary and fiscal policy drive is weakening the yen when they meet next month, but will stop well short of calling it a competitive devaluation, G20 officials said.
Ireland's shortcomings in underwriting its troubled banks is now a global responsibility that should be addressed, the country's former Prime Minister John Bruton told CNBC on Monday.
The return of risk appetite has boosted European stock markets, as more investors have rotated out of safe-haven bonds, and new research shows sentiment towards European equities is now at the best level in several years.
The British Prime Minister threw down the gauntlet on EU membership last week, announcing a referendum on U.K. membership of the EU by 2017. Now a new opinion poll in France shows a majority of the French population favor an exit by the British - "Les Rosbifs" - from the Union.
The head of the European Central Bank (ECB) has clashed with Germany's finance minister over Cyprus, arguing that failure to bail out the tiny island nation could endanger the wider euro zone.
For all the doomsayers predicting an end to its mining boom, Australia is pumping out more metal, coal and gas thanks to a investment bonanza that will peak this year, boosting exports needed to extend a jaw-dropping 21-year run of economic growth.
Japan's economy minister rejected criticism on Saturday that his country's extraordinary fiscal and monetary stimulus program was aimed at weakening the yen and undermined central bank independence.
The Financial Stability Board is expected to make proposals on how to regulate this dark area of the financial sector before the G20 autumn summit in Russia.
International bankers and finance ministers warned on Saturday that Europe's crisis was not over even though the euro currency is now stabilized.
Early returns from the earnings season suggest that investors are slowly starting to buy into the scenario that better days lie ahead, unwinding some trades put on at the apex of market pessimism.
The European Commission confirmed on Friday that it had looked at ways of getting a deal on the European Union's next long-term budget without British consent so as to prevent Prime Minister David Cameron from vetoing the package.
Pressure continues to mount up on sterling as sluggish growth in the country was confirmed in Friday's report on gross domestic product (GDP) - and manufacturers have told CNBC that while they welcome a fall in the currency, a significant fall could be risky.