CNBC Franchise Archive Europe Top News and Analysis

  • EU Trade Talks on ‘Last Lap’: India Commerce Minister Wednesday, 15 May 2013 | 3:08 AM ET
    Anand Sharma, Indian Minister of Commerce and Industry

    The free trade talks between India and the EU, which started in 2007, were close to ending in a deal that would be the "biggest" free trade agreement that the EU would have entered into, India's Commerce Minister Anand Sharma told CNBC in Singapore.

  • HSBC Could Cut 14,000 More Jobs In War on Costs Wednesday, 15 May 2013 | 12:33 AM ET

    HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs globally, as it seeks to drive earnings and dividend growth in the face of muted revenue.

  • Bank of England Chief to Offer Some Good News Wednesday, 15 May 2013 | 12:09 AM ET
    Mervyn King, Governor of the Bank of England

    Bank of England chief Mervyn King should be the bearer of some good news on Wednesday in his final forecasts before handing the reins to Mark Carney, even if the British economy remains far from healthy.

  • Is Australia the Next Euro Zone? Maybe Tuesday, 14 May 2013 | 10:28 PM ET

    Australia's higher-than-expected budget has raised concerns that the country could follow the same path as the highly-indebted euro zone.

  • EU Raids Offices of Big Oil Firms Amid Price Probe Tuesday, 14 May 2013 | 4:58 PM ET

    European authorities raided the offices of Shell, BP and Statoil in an investigation of suspected manipulation of oil prices.

  • Prince Harry—UK Business Ambassador? Tuesday, 14 May 2013 | 12:29 PM ET
    Prince Harry with Gov. Chris Christie during his visit one of the areas affected by Superstorm Sandy.

    The U.K. hopes Prince Harry will help drum up business and investment for the U.K. during his visit to the U.S.

  • UK Publishes Draft Bill on EU Referendum Tuesday, 14 May 2013 | 11:57 AM ET

    European finance ministers told CNBC Britain should recognize the benefits it receives as a result of being part of the 27-member EU bloc.

  • Slovenia Bank Restructuring to Begin Next Month Tuesday, 14 May 2013 | 10:00 AM ET

    The bailouts of the weakest banks in Slovenia should begin next month, the country's finance minister told CNBC on Tuesday, but he insisted that he is not concerned with the timeframe of the process.

  • It's a 'My Cousin Vinny' Market: Tepper Tuesday, 14 May 2013 | 9:35 AM ET
    David Tepper, President and Founder of Appaloosa Management

    Hedge fund titan David Tepper said he's still bullish on stocks and investors shouldn't worry about the Fed tapering its massive bond-buying program.

  • BlackBerry CEO Heins Unveils New Mid-Tier Phone Tuesday, 14 May 2013 | 8:56 AM ET
    Blackberry launches their new Q5 smartphone.

    BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard and said its make-or-break new devices had put the company back on "solid ground."

  • EU Commission Says Visa Europe Offers Cut in Fees Tuesday, 14 May 2013 | 8:45 AM ET

    Visa Europe, the European licensee of Visa Inc., has offered to cap its inter-bank credit card fees at 0.3 percent of transaction value for four years, the same level as the rival MasterCard network, to end a European Union competition investigation and stave off a possible fine.

  • Short Story: Sterling Expected to Fall Further Tuesday, 14 May 2013 | 8:21 AM ET

    Despite recent positive data for the U.K. economy, analysts believe sterling will move even lower this week with the latest inflation report on Wednesday.

  • France's Moscovici Says ‘Non’ to Austerity Tuesday, 14 May 2013 | 8:19 AM ET
    French Economy, Finance and Foreign Trade Minister Pierre Moscovici

    France's finance minister told CNBC on Monday he is serious about France's economy, but stressed that he and the French people "refuse" austerity.

  • Amid Rally, Market Flooded With Shares Tuesday, 14 May 2013 | 7:25 AM ET

    The strong rally this year is being met with a heightened level of supply, setting up a big bet that retail investors will keep buying what Wall Street is selling.

  • Europe Needs a Rambo To Make Decisions: Economist Tuesday, 14 May 2013 | 6:32 AM ET
    Actor Sylvester Stallone poses during a photocall for the movie 'Rambo'

    Europe's leaders need to act decisively on banking union in order to spur the region's economic recovery, Richard Hoey, chief economist at BNY Mellon told CNBC on Tuesday.

  • Poland to Grow Ireland-Style as Crisis Heads East Tuesday, 14 May 2013 | 6:30 AM ET
    Wawel Castle in Krakow, Poland

    Poland is forecast to grow in line with crisis-mired Ireland this year, as euro zone woes hit Eastern Europe.

  • We're Living Through a 'Tech Depression': Andreessen Tuesday, 14 May 2013 | 6:01 AM ET
    Andreessen: I'm Bullish on Facebook, Mobile Tech

    Venture Capitalist Marc Andreessen explains why you shouldn't expect a game changing tech IPO anytime soon.

  • Euro Zone Factory Output Jumps on German Strength Tuesday, 14 May 2013 | 5:14 AM ET

    Output at euro zone factories rose much more strongly than expected in March to show the highest jump in 20 months.

  • Struggling Nokia Unveils New Smartphone, Shares Drop Tuesday, 14 May 2013 | 5:01 AM ET

    Nokia lost almost 5 percentage points of market share in the first quarter. Worryingly overall sales of the cheaper feature phones were slowing, as consumers kept hold of their phones for longer.

  • US Oil Boom to Help Meet New Global Demand: IEA Tuesday, 14 May 2013 | 4:42 AM ET

    U.S. shale oil will help meet most of the world's new oil demand in the next five years, even if the global economy picks up steam, the West's energy agency said on Tuesday.

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