Archive Europe: Economy

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0330 GMT. AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook,...

  • SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0330 GMT. AUCKLAND, New Zealand- Federal Reserve Bank of Chicago President Charles Evans speaks on current economic events and monetary policy before the CFA Society, New Zealand Luncheon- 2350 GMT. CHARLESTON- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook,...

  • LONDON, Sept 30- British controls on immigration following the country's referendum decision to leave the European Union must not be damaging for the economy, finance minister Philip Hammond was quoted as saying in the Daily Telegraph story on Friday. "The message that I want to send to business is that whatever solution we end up, whatever control powers we have...

  • BERLIN, Sept 30- Once cultivated by Persian kings and believed to have healing powers, saffron is now fuelling the growth of a small German business that imports tons of the spice from Iran to make fine food products for sale in Europe and the Gulf. Economy Minister Sigmar Gabriel heads to Iran next week with a planeful of executives keen to rebuild trade ties.

  • Bank pain and Deutsche Bank

    CNBC Contributors Ron Insana and Peter Boockvar, The Lindsey Group, discuss the wider impact of a potential crisis at Deutsche Bank and other European banks.

  • More sound than fury with Deutsche Bank: Pro

    We don't think Deutsche Bank is going to have big woes, says Mark Yusko, Morgan Creek Capital Management, weighing in on risk ahead for the big bank and why fears may be overblown despite the hedgies' flight to safety. The stock may be a good long term buy around here, says Yusko.

  • PARIS— Renault has reached a deal with Iran's government to open a plant making at least 150,000 vehicles a year, as European companies race for a share of Iran's market now that international sanctions have been lifted. The plant in a Tehran suburb will produce Duster and Symbol cars starting in 2018. Renault will be majority shareholder, and have its own...

  • LONDON— Inflation in the 19- country eurozone doubled in September to near two-year highs as the impact of lower oil prices began to fade, official figures showed Friday, in a development that's likely to ease pressure on the European Central Bank to provide more stimulus next month. Eurostat, the European Union's statistics agency, said the annual rate of...

  • Deutsche Bank

    Our live blog tracked market reaction Deutsche Bank's US-listed rose 13 percent on reports the bank is nearing DOJ settlements.

  • This is the biggest opportunity to resolve Europe's banks: Strategist

    Christian Gattiker, chief strategist & head of research at Bank Julius Baer, discusses Deutsche Bank and says capital injections would help Europe.

  • European stocks opened sharply lower on Friday as concerns over the systemic risk posed by German banks weighed on investor sentiment.

  • Demonstrators protest against austerity measures in Athens, Greece.

    Syriza has set Greece’s economy back two years, the leader of the country’s main opposition party said, as he called for snap elections.

  • *Japan CPI keeps falling, households cut spending. *Sagging export orders plague factories in South Korea. SYDNEY, Sept 30- China's factory sector struggled to gain speed in September while Japanese inflation went backwards in August despite the best efforts of policymakers, underscoring the limits of stimulus in reviving world growth.

  • 15th International Energy Forum (IEF15) informal meeting of the Organization of Petroleum Exporting Countries (OPEC) in the nation palaces bread club.

    Our live blog tracked market moves as OPEC's promise of a deal helped energy stocks surge higher.

  • LONDON, Sept 29- Financial markets appear to see a rebound in inflation on the horizon even as bond yields fall, leaving investors asking whether this shows years of easy money are finally working or is just a pricing anomaly linked to the latest central bank policy twist. That decision seemed to resonate quickly worldwide by lifting inflation expectations...

  • Brussels police spokeswoman Ilse Van de Keere said around 45,000 people took part in Thursday's protest, the fourth since Prime Minister Charles Michel took office in 2014. Tensions have been high since U.S. heavy equipment maker Caterpillar announced the closure of its Belgian production plant, meaning the loss of more than 2,000 jobs.

  • *German annual inflation hits 16- month high. *Spanish consumer prices rise for first time since 2014. BERLIN/ MADRID, Sept 29- German inflation picked up in September to reach its highest level in 16 months and Spanish consumer prices rose for the first time since May 2014, positive signs for the European Central Bank that its ultra-loose monetary policy is...

  • COPENHAGEN, Denmark— Denmark has received data leaked from a Panamanian law firm that helped customers open offshore companies to avoid paying taxes, authorities said Thursday, adding they paid nearly 6 million kroner for it. Jim Soerensen, an official with the Danish Customs and Tax Administration, said they "were given permission Sept. 9 to run through the...

  • ATHENS, Sept 29- Greece has forecast 2.7 percent economic growth next year, its first rebound after seven years of crippling recession, as investment picks up and tourism surges, a government official familiar with the draft budget said on Thursday. The recipient of three international bailouts, Greece's economy has shrunk by a quarter since a debt crisis...

  • The Ministry of Labor, Vocational and Training said in a statement Thursday that the minimum wage would be raised by 9.2 percent to $153 a month, effective at the beginning of next year. The increase falls short of the $171 a month wage proposed by unions. In 2015, the Southeast Asian country shipped nearly $7 billion worth of products to the United States and...

Contact Europe: Economy

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