World Economy Europe News


  • Glencore to beat cost saving target, more ahead Tuesday, 10 Sep 2013 | 2:40 AM ET

    Glencore Xstrata promised investors on Tuesday it would slash costs, shelve risky projects and squeeze more benefits from its $46 billion takeover of mining group Xstrata, lifting its target to at least $2 billion of synergies by next year.

  • European automakers look to charge things up Monday, 9 Sep 2013 | 4:50 PM ET
    A partially covered Vauxhall at the 2013 Frankfurt International Motor Show

    Brands as diverse as BMW, Volkswagen and Porsche are introducing hybrids, plug-ins and battery electric vehicles at the Frankfurt Motor Show.

  • A landslide election win for Norway's opposition Monday, 9 Sep 2013 | 11:43 PM ET
    Lofoten Islands, Norway

    As Norwegians headed to the polling stations in a national election on Monday, analysts warned the country's economy risked overheating.

  • Car industry dynamics 'are shifting': BMW Monday, 9 Sep 2013 | 12:24 PM ET
    BMW i3

    The dynamics of the car industry and the global economy have started to shift, according to the head of sales for BMW.

  • Europe’s real dilemma: Demand Monday, 9 Sep 2013 | 7:43 AM ET
    A shopping street in Steglitz district in Berlin, Germany.

    It has become something of a cliché to argue that no real decisions in the euro zone debt crisis will be taken until after the German election in September, but this may be a red herring.

  • Euro zone sentiment turns positive Monday, 9 Sep 2013 | 7:52 AM ET
    Flags of the EU member states fly near a statue holding the euro sign in  in Brussels.

    Euro zone sentiment turned positive for the first time in more than two years.

  • The Chairman of the Pirelli Group, Marco Tronchetti Provera.

    Europe remains difficult terrain, according to Pirelli, with the company focussed on the premium sector.

  • EU backs Monte Paschi capital hike plans Monday, 9 Sep 2013 | 2:50 AM ET

    Plans by Italian lender Banca Monte dei Paschi di Siena (BMPS) to raise over double its planned capital increase under a new bailout program have won the support of the European Union's antitrust regulator.

  • Irish whiskey sales surge as stuffy image ditched Monday, 9 Sep 2013 | 1:24 AM ET

    Exports of Irish whiskey are surging in key markets, multinationals are investing in the main brands and the number of distilleries is set to triple over the next five years, the FT reports.

  • Carl Icahn

    Alexander Proschofsky, the leader of a shareholder revolt against Julius Meinl over the management of his bank, is a rare example of an activist investor in a culture where consensus is the norm.

  • France's tax-free deal with Qatar comes under fire Sunday, 8 Sep 2013 | 6:55 AM ET
    The Champs-Elysees in Paris, France

    Resentment is building over a tax treaty between France and Qatar, which has seen the Arab state's royal family snap up iconic real estate such as the Champs-Elysees.

  • Greece's slump will be 'smaller than forecast': PM Saturday, 7 Sep 2013 | 6:20 AM ET

    Greece's recession will be less acute than expected this year, the country's prime minister said on Saturday.

  • Olympic Decision: Battle to host games heats up Saturday, 7 Sep 2013 | 5:54 AM ET
    Madrid, Spain

    Madrid, Istanbul and Tokyo parade before the Games' organizing body in a "least ugly" contest as they attempt to conceal their blemishes and win the right to host the 2020 Olympics.

  • Cameron uses twitter in Russia-UK diplomatic spat Friday, 6 Sep 2013 | 11:48 AM ET
    British Prime Minister David Cameron

    U.K. Prime Minister David Cameron took to social media to defend his country on Friday, after reports that Russia had mocked Britain as a small island of no significance.

  • Citi drops Vodafone from top stock picks Friday, 6 Sep 2013 | 8:46 AM ET

    Citigroup has dropped Vodafone from its list of top European stocks, due to uncertainty about the fallout from its multi-billion dollar deal with Verizon.

  • Greek economy shrinks at slowest pace since 2010 Friday, 6 Sep 2013 | 8:02 AM ET

    Greece's economy shrank 3.8 percent in the second quarter, the smallest annual decline in nearly three years and helped by a rebound in tourism, adding to signs the economic slump may be bottoming.

  • ECB may have to cut rates: Bini-Smaghi Friday, 6 Sep 2013 | 6:07 AM ET

    Former European Central Bank (ECB) board member Lorenzo Bini-Smaghi said Mario Draghi may have to cut interest rates if bond yields keep rising, jeopardizing the euro zone's economic recovery.

  • German exports post surprise fall in July Friday, 6 Sep 2013 | 4:43 AM ET
    The port of Hamburg, Germany.

    German exports fell unexpectedly in July but imports rose, underscoring that the domestic economy will be key for growth in Germany this year.

  • Merkel: ‘No fear’ ahead of crucial election Friday, 6 Sep 2013 | 2:55 AM ET
    German Chancellor Angela Merkel, speaks in front of a flag of the European Union

    German Chancellor Angela Merkel has stated that she is not afraid about the final weeks of her re-election campaign, despite the main opposition party gaining strength in polls.

  • Berlusconi 'remarkably responsible': Mario Monti Friday, 6 Sep 2013 | 2:34 AM ET

    Despite rumors that Italy's Silvio Berlusconi could "bring down" the government if he loses his seat in parliament next week, the country's former prime minister defended the politician.

Contact Europe News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Europe Video