Greece may seek $26 billion in a first tranche of bailout aid in August to prop up banks and repay debts to the ECB, according to a Greek newspaper.» Read More
Hopes were rising in Brussels that an unlikely deal with the U.K. over the EU’s long-term budget was taking shape, although the chief negotiator was trying to resolve a deluge of last-minute complaints from other countries on the eve of what could be a gruelling summit. The FT reports.
Christopher Ferrarone, Global Equity Strategist, UBS says that ECB's "Outright Monetary Transactions" programme is meaningful and that Europe's recovery will continue unless something drastic happens in Greece or Spain.
Adolfo Laurenti, Deputy Chief Economist & MD at Mesirow Financial, says there are a lot of conflicts to be reconciled at the European Union meeting but it is unlikely to result in a breakdown in budget talks.
European shares closed higher after choppy trade on Wednesday as investors watched for signs of progress on a delayed deal to unlock aid to keep Greece solvent.
CNBC's Michelle Caruso-Cabrera reports on market-moving events in Europe; CNBC's Gary Kaminsky has the play on increasing yields; and a look at what's moving U.S. stocks today, with CNBC's Bob Pisani.
Bill O'Neill, CIO at Merrill Lynch Wealth Management, informs CNBC that the U.S. will lead a surge toward self-sustaining growth in 2013, improving the outlook for equity investment.
Mike Lynch, the founder of Autonomy who is engaged in a war of words with Hewlett-Packard Chief Executive Meg Whitman over allegations of fraud, is firmly at the heart of the British establishment and was once dubbed the “British Bill Gates” by the media.
Japan's exports slide again and Bank of England members question QE — it's time for your FX Fix.
Hewlett Packard’s surprising announcement of accounting irregularities at Autonomy caught the market by surprise on Tuesday and led to a nearly 12 percent decline in the company’s stock. But Autonomy’s accounting had been questioned by analysts years ago, according to one equity analyst that CNBC spoke to.
CNBC's Ross Wesgate reports on all the market moving events from Europe, as the IMF and finance ministers have yet to reach a deal on Greek debt.
Greece’s international lenders once again failed to reach an agreement on how to bring down its debt levels, delaying the release of vital aid to Athens and pushing the euro lower. Yet all is not lost for Greece and the single currency, analysts told CNBC.
Whatever the reasons behind Mitt Romney’s failure to convince the U.S. electorate that he was the man for the job, and there are myriad explanatory factors, it seems his team’s position on economics was one of them.
Almost five years ago, a friend of Kweku Adoboli sent him an email about Jérôme Kerviel, the rogue trader who had just lost 4.9 billion euros at French bank Société Générale, the Financial Times reports.
Cyber warfare has arrived, but has yet to reach its full potential. What would a real digital war look like? Like the most terrifying sci-fi movie you've ever seen.
The fighting between Israel and Hamas in Gaza is likely to have only a limited impact on Israel's economy if it ends quickly, Bank of Israel governor Stanley Fischer told CNBC’s "Closing Bell" on Tuesday.
Paul Gambles, Managing Partner, MBMG International talks about Greece and its debt sustainability issue amid ongoing Eurogroup discussions over the next tranche of aid for the country.
Market sentiment and economic factors are moving against key Eastern European currencies, this strategist says.
European equities edged higher on Tuesday, building on the previous session's strong gains and bolstered by expectations that euro zone finance ministers will approve the next tranche of bailout cash for Greece.
CNBC's Michelle Caruso-Cabrera reports on Europe's market-moving activities, as Moody's downgrades France's credit rating, and Credit Suisse plans to restructure its investment banking division.
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Jane Foley, senior FX strategist at Rabobank, gives her currency predictions if there is a rate hike by the Federal Reserve in 2015.
European equities closed mixed on Friday after a choppy end to trading in July, as investors eyed key earnings.
Blanka Kolenikova, senior analyst at IHS Country Risk, explains why the markets are ready for the Greek stock exchange to reopen.