Germany posted the strongest economic growth since 1996 in the first quarter of 2008, leading the euro zone's GDP to rebound more than expected in the first quarter.
Societe Generale, the French bank hit by the world's worst rogue trader scandal, reported a 23.4 percent fall in first quarter net profit although earnings came in above the average market forecast.
The European Central Bank left its key interest rate unchanged at 4 percent on Thursday, as widely expected, and its president Jean-Claude Trichet warned on inflation pressures.
The European Central Bank will most likely do on Thursday what it has done every month since the credit crunch started last August: keep rates steady and talk tough on inflation.
When Rene Obermann took over Deutsche Telekom at the end of 2006 he was tasked with the firm's struggling domestic operations. But his non-domestic challenges have been—and continue to be—plentiful.
The U.S. dollar's slide against the euro could make it attractive for U.S. investors who bought real estate in Germany three or four years ago to start offloading some of those properties.
Might American stocks go from laggards to leaders as the dollar mounts a comeback?
The recent market volatility and subsequent rise in trading volumes means it should be party time for the stock exchanges. But as NYSE Euronext and Deutsche Borse prepare to report on first quarter earnings on Tuesday, the industry finds itself facing a number of problems and traders would be forgiven for selling in May and staying well away.
Deutsche Telekom fell 1.7 percent in Germany Monday following a weekend report that it is interested in buying Sprint Nextel.
The financial sector fueled a rally in European shares on Friday, which scored their third weekly gain, after U.S. jobs data suggested the world's largest economy was proving more resilient than expected.
Deutsche Bank suffered its first quarterly loss in five years on Tuesday as global financial turmoil heaped 2.7 billion euros ($4.2 billion) in writedowns on Germany's biggest listed bank.
I have been covering the credit crunch since around 8:30 cet on August the 9th 2007 when BNP Paribas was forced to announce problems at 3 of their biggest funds. Producing Squawk Box I remember Alchemy Partners Jon Moulton telling Geoff Cutmore that this would be just the start and he was right.
The disparity between U.S. and euro zone interest rates is starting to cause problems, French Economy Minister Christine Lagarde told CNBC Monday, adding that Europe’s rampant inflation will ease.
With the US heading for recession, the European Commissioner for Economic Monetary Affairs could be forgiven for lauding the strength of the European economy when he unveils his spring economic forecast on Monday.
German corporate sentiment fell more than expected in April as firms' assessment of both current economic conditions and the business outlook deteriorated, a closely watched survey showed on Thursday.
Shares of German lender IKB jumped more than 16 percent Wednesday. The company said late Tuesday it expected a smaller full-year loss than previously expected.
More than a quarter of US employers expect more of their high-skill positions to be shipped overseas.
Wage and fiscal policy in the euro zone could buoy inflation and the European Central Bank may need to act on interest rates, ECB policymaker Axel Weber said in a newspaper interview released on Saturday.
Surging energy and food prices pushed euro zone inflation to a new high of 3.6 percent in March, boosting the euro to a record high against the dollar on fading chances of a ECB rate cut in the near term.
Deutsche Bank is looking to sell as much as $20 billion in leverage debt, while Credit Suisse could write down another $5 billion, according to published reports over the weekend.