Italian PM Matteo Renzi’s defeat in a referendum over constitutional reforms is a harbinger of further uncertainty in Europe. » Read More
Believing in euro's perennity as a viable transactions currency and a store of value looks like a formidable act of faith. » Read More
By: Aza Wee Sile
Recapitalization of Italy's troubled banks will be harder following the failure of a referendum pushed by Prime Minister Matteo Renzi. » Read More
Italian Prime Minister Matteo Renzi has resigned after suffering a humiliating defeat in a referendum aimed at constitutional changes to the upper house.
Italians started voting on Sunday in a referendum on constitutional reform, with Prime Minister Matteo Renzi promising to resign if he loses the ballot.
For Putin, relief from sanctions is a gateway to the goal of establishing Russia as the political and economic equivalent of the U.S.
Russian Foreign Minister Sergei Lavrov said it would be difficult to close the gap in positions over a peace treaty and territorial dispute with Japan.
Renzi made a final appeal to Italians on Friday to support a crucial referendum to change the constitution.
At least initially, Italy could call the shots for global markets in the week ahead, as the Trump rally begins to show signs of tiring.
Italian citizens will vote on constitutional reform on Sunday in what is seen by many analysts as the most significant European political event of 2016.
Brexit fears for U.K. based companies were stoked on Friday as multi-national businesses continued to eye a move abroad.
Dovish words from the European Central Bank have fueled talk of more accommodative monetary policy if Italians vote 'no' on Sunday.
Sunday's Italian referendum is the current hot concern of investors who are eyeing Italian and German yields for clues.
While cash is facing several challenges in the euro area, Deutsche Bank says cash won't disappear anytime soon.
Hackers broke into the Russian central bank and attempted to steal $45 million, the bank said in a report released on Friday.
The Italian referendum has been hogging the headlines, but there is another crucial vote in Europe this weekend: in Austria.
Chanel warned that a train line through the flower fields near Grasse will threaten the production of its Chanel No. 5 scent.
Hollande’s surprise announcement has increased political volatility in the second largest euro economy.
Nico Rosberg stunned Formula One with the shock announcement that he was retiring only days after winning his first world championship.
Get the best of CNBC in your inbox
Parts of Hawaii have received a winter weather warning, after being hit with three feet of snow.
Jeroen Dijsselbloem, Eurogroup president, tells CNBC's Nancy Hungerford that the market reaction to Italy's referendum result requires no emergency steps.
Hernan Cristerna, co-head of global M&A at JP Morgan, says that mergers and acquisitions worldwide in 2016 have remained resilient despite uncertainty.