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  • Fed vs BoE: Contrast in policy could hit pound Friday, 9 Aug 2013 | 7:15 AM ET

    The Bank of England's (BoE) forward guidance marks a divergence in policy from the U.S. Federal Reserve - a rare event in economic history which points to "pronounced" sterling weakness.

  • Euro zone seen growing at last: Thank Germany Friday, 9 Aug 2013 | 7:01 AM ET
    Fireworks explode over the Brandenburg Gate in Berlin, Germany

    There might be cause for celebration in the euro zone next week, with analysts expecting official figures to show its economy grew for the first time since 2011 in the second quarter.

  • Billionaire Carlos Slim makes $9.6 billion KPN bid Friday, 9 Aug 2013 | 6:24 AM ET
    Carlos Slim

    Mexican billionaire Carlos Slim's America Movil has made a 7.2 billion euro ($9.6 billion) bid for the shares in Dutch telecoms group KPN it does not already own, challenging an offer for KPN's German business.

  • Is President Obama right about Greece? Friday, 9 Aug 2013 | 4:27 AM ET

    U.S. President Barack Obama comforted the embattled Greek population by hinting that the austerity drive may be tempered with other ways of restoring the economy to health.

  • France is biggest concern in Europe: Fed’s Fisher Friday, 9 Aug 2013 | 3:14 AM ET
    Richard Fisher, former president and CEO of the Federal Reserve Bank of Dallas.

    Richard Fisher, the president of the Dallas Federal Reserve, is most worried over the euro zone's second-largest economy, rather than its periphery.

  • UK’s latest poster boys: Hockney, Hirst and Hogarth Thursday, 8 Aug 2013 | 11:25 AM ET
    Peter Blake's "Sgt Pepper’s Lonely Hearts Club Band" is one of the art works that will be on display

    Forget subliminal messaging or party political broadcasts; for the next two weeks, over 20,000 of the U.K.'s billboards will be home to works of art.

  • UK 'Brixit' – have the chances increased? Thursday, 8 Aug 2013 | 10:19 AM ET
    David Cameron

    The likelihood of the U.K. exiting the European Union (EU) currently stands at 50 percent, with the next flashpoint in May next year, according to new research.

  • Social network takes on sportswear giants Thursday, 8 Aug 2013 | 10:02 AM ET

    A social network website has launched a $46,500 crowdfunding drive to finance an online sportswear line, in the hope of taking on the $250 billion sportswear industry.

  • Berlusconi's daughter Marina tipped as new leader Thursday, 8 Aug 2013 | 6:57 AM ET

    Silvio Berlusconi's conviction for tax fraud has fueled speculation that his eldest daughter Marina could take his place as leader of the center-right in Italy.

  • China drug sector probe widens as Novo site visited Thursday, 8 Aug 2013 | 6:07 AM ET

    Chinese authorities have visited a site operated by Danish drugmaker Novo Nordisk, the latest evidence of a widening investigation into Western drugmakers.

  • Why investors should brace for a Gilt sell-off Thursday, 8 Aug 2013 | 5:36 AM ET
    Mark Carney

    Investors should brace for a sell-off in U.K. government bonds, known as Gilts, after the Bank of England inadvertently brought forward expectations of an interest rate hike, according to analysts.

  • T-Mobile owner hails ‘massive’ US turnaround Thursday, 8 Aug 2013 | 5:11 AM ET
    A T-Mobile iPhone 5

    Shares in Deutsche Telekom shot up on Thursday after the company grew its customer base in the U.S. - where it owns T-Mobile – substantially more than expected.

  • Commerzbank says took hit on Detroit exposure Thursday, 8 Aug 2013 | 4:28 AM ET

    Commerzbank Chief Financial Officer Stephan Engels said the default of Detroit had dented second-quarter earnings, adding that the lender had made "adequate" provisions.

  • Europe junk debt: Why US sales are soaring Thursday, 8 Aug 2013 | 4:20 AM ET

    Sales of European non-investment grade debt to the U.S. have hit a record high this year, despite the continued issues in the euro zone. There are several key reasons why this is happening.

  • Nestle cuts full-year growth target on sluggish Europe Thursday, 8 Aug 2013 | 2:42 AM ET

    Underlying sales at Nestle grew 4.1 percent in the first half, missing forecasts and lagging growth of rivals Danone and Unilever, as price erosion continued in Europe.

  • Rio Tinto to hang on to loss-making aluminium arm Thursday, 8 Aug 2013 | 1:40 AM ET
    A mine worker looks at a train loader at Rio Tinto Group's West Angelas iron ore mine in Pilbara, Australia.

    Global miner Rio Tinto signaled it has given up hope of ditching its Pacific Aluminium business, as it reported an 18 percent drop in first-half underlying earnings.

  • Frankfurt, Germany

    A bumper week of economic data for Germany, coupled with a confirmation of its AAA rating, has boosted hopes that its recovery is gaining traction.

  • BoE’s Carney fails to impress with ‘Fed 2.0’ Wednesday, 7 Aug 2013 | 10:33 AM ET
    Incoming Bank of England Governor Mark Carney

    Bank of England governor Mark Carney followed in the Federal Reserve's footsteps on Wednesday by linking the interest rate outlook to unemployment, but experts are unconvinced of the advantages of his new plans.

  • Bruni-Sarkozy: I don’t miss the Élysée Wednesday, 7 Aug 2013 | 10:29 AM ET
    Carla Bruni-Sarkozy and her husband, former French President Nicolas Sarkozy, at the Élysée Palace in July, 2008

    Just over a year since she left France's presidential residence, Carla Bruni-Sarkozy told CNBC she doesn't miss being the country's first lady.

  • Hollywood filmmakers lured to Britain by tax credits Wednesday, 7 Aug 2013 | 8:05 AM ET
    Chris Hemsworth (R) sighted filming on the set of Thor 2 in London, England.

    Tax breaks are succeeding in luring top Hollywood filmmakers to Britain, according to the director of the British Film Institute's Film Fund, who argued the country's economy benefitted as a result.

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