China’s slowdown could pose risks for the euro area ranging from falling exports, capital outflows and exchange rate fluctuations, the ECB has said.» Read More
By letting Japan off the hook and urging action to address the weak global economy, G-20 policymakers may have signaled that further easing could lie ahead.
"Tolstoy is also a better read. Tax rules ... were developed by the League of Nations after World War I. They've not kept pace with the changes in the world economy," the U.K.'s chancellor of the exchequer told CNBC.
A small army of workers set to work Saturday to replace the estimated 200,000 square meters (50 acres) of windows shattered by the shock wave from a meteor that exploded over Russia.
Despite fundamentals that should be contributing to a strong rally, gold is clearly losing steam. A slow decline that began late last year is quickly snowballing into a sell off.
Weak utility and banking stocks held back European equities on Friday at the close.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a look at the G20 currency discussions taking place.
Societe Generale's Albert Edwards once again dismissed U.S. equities as overvalued, while calling on investors to hurry if they want to find good value European stocks.
A meteorite streaked across the sky and exploded over central Russia on Friday, raining fireballs over a vast area and causing a shock wave that smashed windows, damaged buildings and injured 1,200 people.
The Moscow Exchange priced its initial public offering (IPO) at the bottom of the expected price range on Friday in the largest ever offering launched solely on a Russian platform.
As G-20 finance chiefs from around the world meet on Friday to discuss fears of competitive currency devaluations, policymakers told CNBC that talk of a currency war was misplaced and discussions should instead focus on a how to heal the still fragile global economy.
Jose Angel Gurria Trevino, secretary general of the OECD, tells CNBC that talk about currency wars is just a distraction from much more important issues.
Thousands of relieved passengers poured ashore from a stinking cruise ship on Friday after five days adrift in the Gulf of Mexico with overflowing toilets and stench filled cabins.
Widespread redundancies in the banking sector as well as cuts in pay and longer working hours have taken their toll on a range of sectors, with retailers in particular feeling the pain of the recession.
European Central Bank President Mario Draghi on Friday criticized "chatter" on currencies that has roiled foreign exchange markets in recent weeks.
Patrick Legland, global head of research at Societe Generale, tells CNBC that European markets remain undervalued, and any consolidation should be used as a buying opportunity.
Kelly Evans takes you through the European market open where stocks have come in flat.
Peter Breiter, 41, is an unusual banker. Not for him the big bonuses, complicated financial instruments and multi-million deals. He is happy instead writing transaction slips out by hand for the 500 inhabitants of the tiny southern German village of Gammesfeld.
Greece is pinning its hopes of boosting revenue from an antiquated tax system beset by massive evasion on Harry Theoharis, a boyish-looking 42-year-old who describes himself as an "IT monkey."
Simon Cox, Asia Economics Editor at The Economist says finance ministers and central banks should be fighting stagnation, not each other. He's joined by Michael Hewson, Senior Market Analyst at CMC Markets who says the weakening yen is justified.
Uwe Parpart, Managing Director, Head of Research at Reorient Financial Markets says the recent euro zone GDP results are backward looking and he still sees positive growth in Germany. He says the greater worry is Italy.
Get the best of CNBC in your inbox
Sir Martin Sorrell, CEO of WPP, says corporations in the west are too focused on the short-term.
Kirsten Newbold-Knipp, research director at Gartner, discusses how technology will make the Black Friday sales more convenient for consumers.
Eric Fisher, reporter for the Sports Business Journal, talks about fantasy sports games operators Draft Kings and Fan Duel which have been suspended from operating in New York.