The powers of the European Central Bank (ECB) over individual banks are set for expansion under plans set to be announced on September 12 by European Commission President José Manuel Barroso – but the question of how much will be another thorny political issue for the region.
Since March 2009, when European indices sunk to the lowest in over a decade, continued volatility has meant many investors have been underweight equities. But a turnaround may be on the horizon for European stocks, according to some strategists, who say new policies in Europe could boost equities.
Luxury goods firms in Europe reported booming retail sales in Europe, Asia and emerging markets on Friday bucking the downturn seen in other retail sectors.
A rumor that Bundesbank President Jens Weidmann, one of the most strident holdouts against a potential European Central Bank (ECB) bond-buying plan, might resign swept through European markets on Friday.
The European Central Bank would be given sweeping authority over all 6,000 eurozone banks under a plan being drawn up by the European Commission, putting Brussels on a collision course with Germany and the ECB itself, which have urged a more decentralised first step towards “banking union”, the Financial Times Reports.
The chief executive of Japanese technology giant Sony promised an “aggressive,” product-focused turnaround in an interview with CNBC.
Draghi's comments lift the euro and Spain and the EU make a deal - it's time for your FX Fix.
This month, Mr. Draghi stared down bearish international traders who were convinced that Europe’s common currency project would collapse. The NYT Reports.
The Federal Reserve, European Central Bank (ECB) and Bank of England (BoE) should all announce stimulus packages next month, a Bank of England (BOE) policymaker told CNBC Tuesday.
Following weeks of low volumes, slow news flow and steady gains for equity markets investors are braced for some big events in September which could make or break investor returns for 2012.
Nearly three years and two bailouts after the first cracks appeared, Europe must decide whether to give Greece more help or cut it loose from the euro zone.
Even as U.S. crude prices are expected to touch $100 this week as the strengthening Tropical Storm Isaac threatens to disrupt offshore oil production in the Gulf of Mexico, experts say the upside will likely be short-lived, recommending investors sell into the rally.
The new fund set up to bail out struggling euro zone economies may face a 150 billion euros ($189 billion) shortfall if Spain and Italy need a full bailout program before the end of 2014, according to analysts at Credit Suisse.
Investors across the world are awaiting further news on whether the European Central Bank and the Federal Reserve will decide to turn the quantitative easing taps on and begin buying bonds aggressively in a bid to kick-start ailing growth in Europe and the United States.
From buying fine Bordeaux wines to buying the wineries that make them, the Chinese are changing the landscape of France's top wine country, leading some locals to worry about an "invasion".
Finland has become the unlikely creator of a European storm after foreign minister Erkki Tuomioja confirmed that the country was preparing for a break-up of the euro zone.
Investing abroad always poses risk but if you’re careful, though, you can profit nicely in overseas markets, some with double-digit year-over-year growth.
This policy expert says a four-part solution to the crisis is in order.
The latest euro zone flash PMI data—which is usually a good advance notice of the state of the economy—pointed to a recession in the area, increasing hopes that politicians and central banks in the region will be forced to take further action to solve the euro zone crisis sooner.
A third round of quantitative easing in the United States is still far from a foregone conclusion, with traders and investors divided as to its likelihood and the effect it might have, but markets rallied across Europe and Asia on hopes of action.