Britain is committed to making the most of Europe’s single market, for now, and still holds dear its “special relationship” with the U.S., Britain’s foreign minister William Hague told CNBC on Wednesday.
Europe’s troubled single currency is dividing the continent into warring factions, which could end in a “democratic…or violent revolution” between indebted countries and creditor nations, a prominent European lawmaker told CNBC Tuesday.
The International Monetary Fund has moved a step closer to withdrawing its support for the UK’s economic strategy, advising the government to redraw its fiscal tightening plan if growth disappoints in the coming quarters, the FT reports.
Ireland’s economy may have been improving since the end of June, but the Celtic tiger is not out of the woods yet, Cormac Leech, bank equity researcher at Liberum Capital, told CNBC.
With its economy still reeling from the housing crash, Ireland is making a bold move to help tens of thousands of struggling homeowners, the New York Times reports.
Euro zone finance ministers delivered a united defense of Spain on Monday, saying the country was taking steps to overhaul its economy, funding itself successfully in the financial markets and did not need a bailout, at least for now.
German Chancellor Angela Merkel should use Tuesday’s official trip to Athens to “recognize the euro is dead, and bury it,” veteran economist Roger Nightingale told CNBC.
The U.K.s triple-A credit rating may be in doubt but finance minister George Osborne has told CNBC that the countrys austerity drive has attracted overseas investment and that he will continue to tackle the debt problems head on.
Gainesville, Fla.: home of botanical gardens, a museum of natural history and one of the oldest universities in the state. But according to the latest global music piracy report, it can now add to its reputation the more ignominious title of music “pirate capital” of the world.
Electronic glitches are simply a fact of life in modern fragmented markets and human error, not technology, is to blame for multi-billion dollar trading errors, Tanuja Randery, chief executive of MarketPrizm, told CNBC on Monday.
As with many of the other improvised solutions to the euro zone’s problems, the bailout fund’s reality is less elegant than the theory behind it. The New York Times reports.
It has been referred to as “the bazooka” — the 500 billion euro European bailout fund that after much dispute will have its first board meeting on Monday, the New York Times reports.
BAE Systems’ largest shareholder will on Monday signal its “significant reservations” about the U.K. defense group’s proposed tie-up with EADS, the FT reports.
Europe may be pushing for fiscal and banking union to fight its debt crisis, but many richer regions, angry at having to finance poorer neighbors, are now calling for independence. The New York Times reports.
With new sets of regulation for the banking sector both in Europe and in the U.K., investors can be forgiven for not knowing which firms are best placed for the new laws. But one analyst has given CNBC his top tips for those banks ready for change.
The Turkish prime minister announced on Wednesday night that Turkey had fired artillery at targets in Syria, in retaliation for Syrian mortar fire that fell in a Turkish border town and killed five Turkish civilians, the New York Times reports.
Once upon a time, the foreign exchange (FX) markets enjoyed a clear framework for trading and were seen as a reflection of the health of global economies. But as central bank programs of quantitative easing have been introduced, currency market trades are not so clear cut, according to analysts at HSBC.
For an entrepreneur launching a start-up, it's easy to neglect your health and family. Writing for Entrepreneur, Sir Richard Branson shares his tested strategies for staying successful and sane.
In an attempt to cast himself as a humble alternative to Prime Minister David Cameron, UK opposition leader Ed Miliband will shortly unveil tax rises for the rich and measures to reform the British banking industry.
By 2100, some 10 million people will inhabit the earth, according to the United Nations. When that happens will we encounter an “unprecedented planetary emergency” or can engineering, technology and the human spirit rise to the challenges posed by 10 billion people on earth?