Greeks will today vote in a referendum that could determine the country's future—we're live blogging all the latest developments.» Read More
The S&P 500 and Dow Jones Industrial Average could plummet 20 percent from their recent highs, veteran investor and author of the Gloom, Boom and Doom report, Marc Faber, told CNBC.
Call it two-for-two. For the second time in as many months, a London-listed luxury company has warned on its profits, sending a shock wave through the luxury goods sector.
High-frequency trading could have positive effects on the functioning of financial markets, contradicting an increasingly popular view that such trades have increased volatility and should be curbed or even banned, a U.K. government report found.
The debt burden in the United States and other Western countries will continue to go up, Marc Faber, Author of the Gloom, Boom and Doom report told CNBC on Monday, leading to a “colossal mess” within the next five to ten years.
Investors have been warned to brace themselves for a weak third-quarter earnings season, but analysts have picked out some key sectors which may outperform.
The widespread criticism and controversy leveled at global coffee chain Starbucks over the amount of tax the company has paid in the U.K. has been exaggerated, chief executive Howard Schultz told CNBC-TV18 in India.
The gap in the amount women and men save for retirement in the U.K. has reached a record high, according to the latest Women and Pensions report from investment firm Scottish Widows.
U.K. Prime Minister David Cameron appeared to be distancing himself increasingly from other European Union countries at a European summit on Friday. At the gathering, he said he was prepared to block a European Union budget deal if it is not acceptable to Britain’s interest, whilst his appearance left fellow politicians highlighting his increasing disengagement from the European table.
Europe needs new legislation to help failed banks unwind as quickly as possible, according to Bank of Finland Governor Erkki Liikanen who is leading the EU advisory group on banking reform.
Energy markets may be eagerly waiting for production at a key new Kazakh oilfield to kick off, but Kazakhstan’s deputy prime minister Kairat Kelimbetov told CNBC that there is more to Kazakhstan than just oil production.
Throw that crystal ball out – if you want to be a good investor you’ve got to think like a futurist just like Warren Buffett does, Michael Lee, author of book entitled “Knowing Our Future: The Startling Case for Futurology”, told CNBC.
French President Francois Hollande seems to think that the euro zone is “on track” to solving its crisis during yet another summit – but market observers are taking this with a pinch of salt.
Coffee giant Starbucks should stop aggressively promoting its sense of corporate responsibility if it plans to continue using tax strategies that help the company avoid paying high taxes in the U.K., a European lawmaker told CNBC Thursday.
The presidential debates have clearly established what Americans may expect from an Obama second term or a Romney Administration.
Spain’s richest region, Catalonia has threatened to break away from Spain, but it is unlikely the move will succeed because the Spanish government is prepared to use “any legal instrument” to stop the region from holding a crucial referendum, according to UBS economist Matteo Cominetta.
A Greek departure from the euro currency, followed by other southern European countries, would cut 17 trillion euros ($22 trillion) from global economic growth, causing a worldwide recession hitting the U.S. and China, a study by a German think tank has found.
As EU leaders prepare to meet in Brussels on Thursday, Greece’s workers aim to make their voices heard by holding a 24-hour strike bringing the country to a halt. But with the economy in the fifth year of a recession, the lost production could cost the economy 100 million euros, according to one expert and prove counterproductive.
The fall has heralded a period of relative calm in the euro zone, which has been the focus of market worries for much of the past two years.
Norway, which chose to remain outside the EU and the euro currency, enjoys an enviably stable economy and a booming housing market — but it could be going down the perilous route taken by Spain and Ireland, according to economists and recent analysis.
China’s economic downturn represents the beginning of a "new normal" investors will have to adjust to, Dr. Wang Qing of the China International Corporation told CNBC on Tuesday.