Oct 21- IBM's woes are interesting not simply because they tell us about the economy, but because they reveal broader truths about how, and for whom, companies are run. IBM kicked its 2015 operating earnings goal off the back of the truck on Monday, blaming an outright fall in third-quarter revenues on a sudden downturn in client spending. "We saw a marked slowdown in...» Read More
German Chancellor Angela Merkel said on Friday that Europe will do everything to secure the stability of the euro, which has come under pressure in the euro zone debt crisis.
Egypt is on track to meet its tourism growth targets despite a scare following a rare series of shark attacks that affected bookings, the country’s Minister of Tourism, Zoheir Garranah, told CNBC.
European shares are expected to open flat Friday, though concerns about the euro zone debt crisis linger and could weigh on markets.
European shares were set to open flat to slightly lower Thursday, continuing to pause from strong gains earlier in the week.
Bond vigilantes will target Portugal and force the country to seek a bailout within a month, but Spain will not need to turn to its European peers for help, Piers Curran, head of trading at Amplify trading told CNBC on Wednesday.
European stocks were indicated to open lower after Moody's put Spain's credit rating on review for a possible downgrade, on worries over the country's debt and funding needs for next year.
The risks of debt deflation and disorderly sovereign and private-sector defaults are rising because policymakers are pressing ahead with spending cuts and raising taxes before seeing strong signs of an economic recovery, economist Nouriel Roubini wrote in a commentary piece for Project Syndicate.
Standard & Poor's has warned that Belgium may have its credit rating downgraded within six months in light of the country's ongoing political deadlock.
European investors were set to take a wait-and-see approach to start Tuesday, with indications of little change to major markets at the opening bell.
Europe was nowhere near ready for the euro when it was introduced in 1999 and the sovereign debt crisis has proven critics of a one-size-fits-all monetary policy right, London mayor Boris Johson wrote in an opinion piece for UK newspaper The Daily Telegraph on Monday.
European shares looked set to extend their winning streak to a fifth session Friday as investor sentiment got a boost from positive economic data from the U.S.
European stocks looked set to continue the strong performance of the previous session at the open Thursday as commodities regained strength and boosted the major indexes.
European stock index futures pointed to a lower open on Wednesday, with stocks poised to halt a week-long rally, mirroring a mixed session on Wall Street.
A group of activists in Paris have emptied their bank accounts after a call by French sports icon Eric Cantona to protest practices by leading banks.
Some countries in Western Europe are bankrupt or are having serious liquidity problems and they should be allowed to restructure their debt, famous investor Jim Rogers told CNBC Tuesday.
The U.S. will have to follow Europe's economic lead and face up to its debt problems instead of just continuing with quantitative easing that will lead to a dollar decline, David Bloom, global head of foreign exchange strategy at HSBC, told CNBC Tuesday.
European stocks were seen rising on Tuesday, lifted by U.S. President Barack Obama's compromise deal to extend all Bush-era tax cuts for two years.
Companies that produce goods that are in demand in China could see further strong growth ahead, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
Rating agency Standard & Poor's said it may downgrade Greece's long-term debt if new European bailout rules prove onerous to private holders of the country's bonds.
European shares are seen opening little changed Friday after Thursday's strong gains, with investors waiting for widely-watched US nonfarm payrolls data for near-term market direction.
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