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  • Swiss Government Takes Action Against Housing Bubble Wednesday, 13 Feb 2013 | 5:54 AM ET

    The Swiss government is taking steps to try to stop a housing market boom running out of control, announcing on Wednesday it will demand banks hold additional capital to dampen mortgage activity.

  • Italy Clinches 30-Year Bond Sale Ahead of Vote Wednesday, 13 Feb 2013 | 5:33 AM ET
    Banca D'Italia

    Italy successfully sold its first 30-year bond in nearly two years at an auction on Wednesday, shrugging off concerns about the outcome of a general election on Feb. 24-25.

  • Euro Zone Factory Output Up as Economy Slowly Recovers Wednesday, 13 Feb 2013 | 5:06 AM ET
    factory_worker_200.jpg

    Output at euro zone factories rose for the first time since August last year.

  • Economic Outlook Increasingly Optimistic: ICC Wednesday, 13 Feb 2013 | 5:00 AM ET
    Economic Outlook Increasingly Optimistic: ICC

    Jean-Guy Carrier, secretary general of the International Chamber of Commerce, tells CNBC that he has seen a clear increase in market confidence over the past six months and expects that to continue.

  • IEA Sees Iran Oil Sales Falling as Sanctions Bite Wednesday, 13 Feb 2013 | 4:26 AM ET
    Oil refinery and petrochemical complex, Mahshahr, Iran,

    Iranian oil output will likely fall further from its lowest in three decades as the West tightens sanctions on the Islamic Republic, depriving Tehran of hard currency revenues, the International Energy Agency (IEA) said on Wednesday.

  • European Markets Open Mixed Wednesday, 13 Feb 2013 | 3:00 AM ET
    European Markets Open Mixed

    Karen Cho takes you through the European Market open, where stocks are looking a little bit firmer.

  • Valuations of Markets Still Reflect Fear: Pro Wednesday, 13 Feb 2013 | 3:00 AM ET
    Valuations of Markets Still Reflect Fear: Pro

    John Haynes, head of research at Investec Wealth & Investment, tells CNBC there is a tension between those who want to take money off the table and others who think they need to stick with the rally a bit longer.

  • Heineken Sees Growth Regions Outweighing Weak Europe Wednesday, 13 Feb 2013 | 2:34 AM ET
    Heineken

    Heineken, the world's third largest brewer, reported higher than expected 2012 profit on Wednesday on the back of sharply higher earnings from Africa and the Americas and forecast higher revenue this year.

  • Heineken CEO: Europe Hit By Recession, Tax man and Greying Population

    Jean Francois van Boxmeer, CEO of Heineken, tells CNBC that the importance of Europe is declining for Heineken and they have been increasing their footprint in Asia, Latin America and Africa.

  • SocGen Reshuffles Executive Team After Loss Wednesday, 13 Feb 2013 | 2:16 AM ET
    Frederic Oudea

    French bank Societe Generale has named a new chief financial officer and reshuffled its management team after swinging to a loss in the fourth quarter on the back of a weak euro zone economy and one-off charges.

  • We Won't Manipulate Currency: Russia's Moiseev Wednesday, 13 Feb 2013 | 1:31 AM ET
    Alexei Moiseev, Russia's deputy finance minister

    As tension over exchange rates grows and central bankers across the globe try to cool talk of a "currency war", Russia on Wednesday denied it was manipulating its currency.

  • ING to Cut 1 Billion Euros in Costs, Slash 7,500 Jobs Wednesday, 13 Feb 2013 | 1:26 AM ET
    An employee arrives at the Dutch bank ING in Amsterdam

    Dutch banking and insurance group, ING reported fourth-quarter net profit that missed expectations on Wednesday but the company's Chief Financial Officer told CNBC it would implement major cuts to save 1 billion euros in operating costs per year.

  • London's Yuan Push Stirs Hopes of Eurodollar-Style Boom Wednesday, 13 Feb 2013 | 1:26 AM ET

    A BofE pledge to help London become a global trading center for China's yuan has stirred talk of a revival in the city's fortunes, similar to the explosion of the U.S. dollar market in the 1960s and 70s.

  • ING CFO: Cutting 7,500 Jobs in 2013 Wednesday, 13 Feb 2013 | 1:15 AM ET
    ING CFO: Cutting 7,500 Jobs in 2013

    Patrick Flynn, CFO of ING Group, tells CNBC that the group saw a solid result in the background of a difficult European environment.

  • European Markets Close Higher Tuesday, 12 Feb 2013 | 11:30 AM ET
    European Markets Close Higher

    CNBC's Simon Hobbs reports European shares staged a turnaround, as bank stocks closed higher.

  • ECB'S Draghi Says Currency War Talk Exaggerated Tuesday, 12 Feb 2013 | 10:28 AM ET
    Mario Draghi, President of the European Central Bank

    European Central Bank chief Mario Draghi said exchange rates are as important for growth as for price stability.

  • Barclays to Axe at Least 3,700 Jobs in 2013 Tuesday, 12 Feb 2013 | 9:09 AM ET
    Antony Jenkins, chief executive officer of Barclays PLC.

    Barclays plans to cut at least 3,700 jobs in 2013 as part of a strategic overhaul aimed at reducing the group's annual costs by 1.7 billion pounds ($2.7 billion) by 2015.

  • Jean-Paul Agon, chief executive officer of L'Oreal SA

    L'Oreal, the world's biggest cosmetics group, said it was open to a strategic acquisition, a day after unveiling results at the top end of expectations and a 500 million euro ($669 million) share buyback.

  • Global Update: Barclays to Cut 3,700 Jobs in 2013 Tuesday, 12 Feb 2013 | 6:11 AM ET
    Global Update: Barclays to Cut 3,700 Jobs in 2013

    CNBC's Kelly Evans reports Barclays announced its turnaround plan aimed at reducing the bank's annual costs, which sent the stock up over 4 percent.

  • No Sign of ETF Slowdown: Expert Tuesday, 12 Feb 2013 | 5:00 AM ET
    No Sign of ETF Slowdown: Expert

    Jeff Molitor, CIO Europe at Vanguard, tells CNBC why exchange-traded funds are so useful for investors and why the ETF boom is sustainable.

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