Economic Regions The European Union

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  • *EU Commission says no bias against U.S. companies. Treasury Secretary Jack Lew called on the European Union to reconsider tax probes targeting U.S. companies on Thursday, arguing that such moves represented disturbing precedents. Lew made the plea in a letter to European Commission President Jean-Claude Juncker and EU antitrust chief Margrethe Vestager, a...

  • Banco Popolare and BPM set to seal merger Thursday, 11 Feb 2016 | 7:12 AM ET

    Banco Popolare and Banca Popolare di Milano are ready to announce a merger to create Italy's No. 3 bank if regulators give the green light.

  • Banking sector risks are going down: European Commission VP

    Valdis Dombrovskis, European Commission vice-president for the euro and social dialogue, discusses the mechanisms in place to reduce banking risk.

  • Tusk: UK-EU talks fragile but summit offers hope Thursday, 11 Feb 2016 | 12:50 AM ET

    Negotiations between London and other EU states to help keep Britain in the EU are "very fragile," European Council president Donald Tusk said.

  • NATO, EU sign agreement on cyberdefense cooperation Wednesday, 10 Feb 2016 | 10:17 AM ET

    BRUSSELS— NATO and the European Union have signed an agreement to improve cooperation in cyberdefense, which NATO Secretary-General Jens Stoltenberg called a concrete example of the two Brussels- based organizations joining forces to counter modern forms of hybrid warfare. The technical agreement, signed at NATO headquarters on Wednesday, establishes a...

  • EU and Britain have big differences over 'ever clo Wednesday, 10 Feb 2016 | 9:22 AM ET

    LONDON— For Britain and the European Union, they are three little words that expose big philosophical differences: "Ever closer union." The phrase, baked into the EU's 1957 founding treaty and other key documents, remains a fault line between Britain and its European neighbors. On Tuesday, the EU's six original member nations- including Italy, Germany and France-...

  • LONDON, Feb 10- World-leading technology company ARM Holdings said a vote to leave the European Union by the British electorate, the so-called Brexit, would hinder its ability to employ the scientists and engineers it needs. Britain's Prime Minister David Cameron has promised voters an opportunity to decide whether the country should remain a member of the...

  • Banks leading European markets in negative spiral Tuesday, 9 Feb 2016 | 11:28 AM ET
    Banks leading European markets in negative spiral

    CNBC's Simon Hobbs reports on how European banks are leading the tumble in markets, what the ECB may do to deposit rates, and the end of rally for mining.

  • LONDON, Feb 9- A European Union draft law to curb risky trading at banks could be scrapped unless there is consensus on it among the main parties, a senior European Parliament member said on Tuesday. The reform, which needs joint approval from EU States and the bloc's parliament to become law, seeks to stop banks from engaging in excessive risky trading which has the...

  • Confidence is strong in the euro zone: Frank Taubert Tuesday, 9 Feb 2016 | 1:46 AM ET
    Confidence is strong in the euro zone: Frank Taubert

    Frank Taubert, founder of PanTau Invest, says there is confidence in investing and hiring among CEOs across the euro zone.

  • *Facing protests, France wants more EU livestock steps. PARIS, Feb 8- France wants new "market regulation measures" to help farmers hurt by low milk and pork prices and has submitted proposals ahead of a meeting of European Union agriculture ministers later this month, Prime Minister Manuel Valls said on Monday. Prices for milk and pork have fallen below the cost of...

  • European banks take a beating Monday, 8 Feb 2016 | 11:30 AM ET
    European banks take a beating

    CNBC's Simon Hobbs reports on a broad-based decline in European stocks today, including beaten-down European banks.

  • PARIS, Feb 8- France called on the European Commission on Monday to do more to help its struggling livestock industry, seeking to defuse protests that have seen farmers block highways and supermarkets. France had in particular called for "market regulation measures" in proposals submitted ahead of a meeting of European Union agriculture ministers later this...

  • *EU producers allege dumping by China. PARIS, Feb 6- Seven countries including France, Britain and Germany have urged the European Union to step up action to relieve an ailing steel industry suffering from tumbling prices and cheap imports from China and Russia. Europe has lost 85,000 steel jobs since 2008, over 20 percent of the workforce, according to the...

  • LONDON, Feb 5- CK Hutchison Holdings Ltd has received the EU's list of objections to its takeover of Telefonica's O2, which will create Britain's biggest mobile operator and cut the number of networks to three, a person familiar with the situation said. European Union antitrust regulators launched a full investigation last October into Hutchison's 10.3...

  • Portugal budget narrowly avoids rejection by EU Friday, 5 Feb 2016 | 10:21 AM ET
    Porto, Portugal.

    Portugal's budget for 2016 was judged to be "at risk of non-compliance" with European Union rules.

  • London's bid to win exemption from the European Union goal of "ever closer union," preserve its financial sector from regulation by the euro zone and curb access to in-work benefits for EU migrant workers won backing from Poland as the meeting of national negotiators- or sherpas- began in Brussels. The powerful leader of Warsaw's new ruling party, Jaroslaw...

  • AMSTERDAM— NATO's chief met Friday with European Union defense ministers to discuss boosting cooperation between the military alliance and the 28- nation bloc to tackle looming threats to the region. The EU and NATO are working to beef up their responses to threats such as Russia's increased military activity to the east and the Islamic State group's threat...

  • BRUSSELS, Feb 5- The European Union's top trade official has urged China to take measures to curb overcapacity of its steel industry and warned it that it will open three new anti-dumping investigations this month on steel imports from China. The call comes as the European Union begins a debate into whether to relax trade defences against China as Beijing...

  • Will David Cameron get a good deal from the EU? Friday, 5 Feb 2016 | 2:05 AM ET
    Will David Cameron get a good deal from the EU?

    Guntram Wolff, director of Bruegel, says the U.K. Prime Minister has negotiated well in recent weeks with the European Union.