Archive Europe: Economy

More

  • EBA puts 53 banks through stress tests

    Andrea Enria, chairman of the European Banking Association, explains how banking stress tests have evolved and talks about Europe's banks.

  • Our live blog is tracking reactions as the yen surged on Bank of Japan Governor Haruhiko Kuroda's dovish comments at his post-meeting news conference.

  • European stocks opened higher on Friday as investors digest the conclusion of a two-day policy meeting of the Bank of Japan (BOJ) and take stock of more European earnings.

  • While FAA inspectors complained that they've had to cancel inspections because of the agency's tight travel budget, the GAO said it couldn't confirm the assertions because the FAA said doesn't keep separate data on travel expenditures for oversight of foreign repair stations. The report also criticized the FAA for not collecting data from airlines on the...

  • WASHINGTON— 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 personal income and spending for June, 8:30 a.m.. TOKYO— Honda reports fiscal first quarter results.

  • LONDON, July 28- Sterling fell to a two-week low against the euro on Thursday, 3,000 job cuts at British bank Lloyds adding to signs of a worsening economic outlook as investors bet the Bank of England will cut interest rates next week. Since the 14 percent fall in the pound in the hours after the vote to leave the European Union on June 23, sterling has proved more...

  • A digitally-generated image of a woolly mammoth.

    Our live blog is tracking market reaction as U.S. crude extends its losses on fears of oversupply.

  • WASHINGTON— The International Monetary Fund was unprepared for the debt crisis that hit Europe and was slow to press for debt relief that might have eased Greece's economic pain and allowed it to pay its bills, an IMF watchdog says. As part of a so-called troika with the European Commission and the European Central Bank, the IMF bailed out Greece, Ireland and...

  • DUBLIN, July 28- Ireland's economic recovery has been exceptional but is incomplete and now subject to large downside risks after Britain's vote to leave the European Union, the International Monetary Fund said on Thursday. Ireland's economy has bounced back rapidly since it left an IMF aid programme in 2013 but is considered more vulnerable than any other in...

  • Net earnings were $350 million, or 45 cents per share, compared with $281 million or 33 cents per share, a year ago. Thomson Reuters, the parent of Reuters News, competes for financial customers with Bloomberg LP as well as News Corp's Dow Jones unit. Despite volatile markets and uncertainty among financial services clients around the recent surprise vote by...

  • With the U.K. set to leave the EU in the next few years, some businesses may wish to move elsewhere. But can they bet on a warm welcome?

  • *But forecasts worsen for Oman and Bahrain. DUBAI, July 28- Economists have cut growth forecasts for most of the rich oil exporting countries of the Gulf as non-oil business activity slows because of government austerity measures, a quarterly Reuters poll found. Median forecasts for gross domestic product growth this year have been cut for four of the six GCC...

  • FRANKFURT, July 28- The euro zone economy has remained surprising resilient to the shock of Britain's vote to leave the European Union, fresh data showed on Thursday, a big contrast to the UK where signs of widespread economic pain are already apparent. Still, Europe is unlikely to escape unscathed, economists argue. "The stability/resilience in the euro area was...

  • The news and information company reported second quarter net earnings of $350 million, or 45 cents per share, compared with $281 million or 33 cents per share, a year ago. Thomson Reuters, the parent of Reuters News, competes for financial customers with Bloomberg LP as well as News Corp's Dow Jones unit. Despite volatile markets and uncertainty among financial...

  • *Cash impact of two schemes might be comparable. LONDON, July 27- Central banks might inject no more cash into economies by dropping money from aircraft-- whether real or imaginary-- than via well-worn QE schemes, but in breaking a long-standing taboo they may do far more damage to currencies. After decades of zero interest rates and quantitative easing-style asset...

  • LONDON, July 28- Gold rose on Thursday after the Federal Reserve stopped short at this week's policy meeting of indicating that a further increase in U.S. interest rates is on the cards for later this year. Uncertainty over the path of interest rates has held gold in check since it rallied to more than two-year highs in the wake of Britain's shock vote last month to...

  • LONDON, July 28- Gold rose on Thursday after the Federal Reserve stopped short at this week's policy meeting of indicating that a further increase in U.S. interest rates is on the cards for later this year. Uncertainty over the path of interest rates has held gold in check since it rallied to more than two-year highs in the wake of Britain's shock vote last month to...

  • LONDON— For years, Britain bragged about its economic performance, contrasting it with the neighboring eurozone, which was struggling with a series of financial crises and stagnation. A month on from the British vote to leave the European Union, the evidence is getting clearer by the day: the eurozone economy is proving resilient to the uncertainty unleashed by...

  • BNP Paribas beats Street

    CNBC's Nancy Hungerford has the breakdown of European banks Credit Suisse and BNP Paribas' quarterly numbers.

  • BMPS is epitome of the sector’s woes: Axiom

    Gildas Surry, senior analyst at Axiom Alternative Investments, says there could be an issue of contagion in both Italy’s and Europe's financial markets.

Contact Europe: Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.