Europe: Economy


  • DIARY - Top economic Events to Nov 4 Wednesday, 22 Oct 2014 | 8:01 PM ET

    Treasury Under Secretary David Cohen speaks on "Disrupting ISIL's Money Trail" before the Carnegie Endowment for International Peace in Washington- 1400 GMT. LONDON- Bank of England Deputy Governor Ben Broadbent gives a speech on monetary policy outlook to Society of Business Economists- 0805 GMT. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior...

  • Goldman exec: Mixed earnings reflect the economy Wednesday, 22 Oct 2014 | 11:54 AM ET
    Gary Cohn, Goldman Sachs

    Goldman Sachs president and COO Gary Cohn discusses how mixed earnings reflect the broader economy and prospects for U.S. growth.

  • Sept CPI slightly above forecast, gives dollar added boost. NEW YORK, Oct 22- The U.S. dollar extended broad-based gains on Wednesday after marginally higher-than-expected U.S. inflation data coupled with earlier concerns over European banks sent the greenback to one-week highs against the euro. The sharp drop in U.S. yields last week was driven by fears of a...

  • EDINBURGH, Oct 22- European shares nudged higher on Wednesday, supported by a raft of positive corporate earnings and mild inflation data from the United States which may encourage the U.S. However, the session was volatile, with euro zone banks under pressure after Spain's Efe news agency reported that several European lenders might fail EU bank stress tests.

  • NEW YORK, Oct 22- U.S. The U.S. Labor Department said its Consumer Price Index, the government's broadest inflation gauge, edged up 0.1 percent last month after falling 0.2 percent in August. "Given the anxious environment we are in, this report came as a bit of a balm," said Com Crocker, managing director of government and agency securities trading at Mesirow Financial...

  • Hungary planning onerous tax on Internet use Wednesday, 22 Oct 2014 | 7:04 AM ET

    BUDAPEST, Hungary— Hungarian Internet users, activist groups and opposition parties are rejecting a government plan to impose a heavy tax on Internet use from next year. Opposition parties on Wednesday called on the government to scrap the plan, while Hungary's Information and Communication Technology Association said the tax would lead to a fall in...

  • LONDON, Oct 22- Most Bank of England policymakers are firmly against raising interest rates, seeing little evidence of inflation pressures while the slowing euro zone poses growing risks, minutes of their latest meeting showed. The majority of the Bank's rate-setters saw good reasons to keep rates at their record low of 0.5 percent at their Oct. 7-8 meeting,...

  • *Orders rise 24 pct to $11.2 bln vs $10.1 bln poll f'cast. ZURICH, Oct 22- Swiss engineering group ABB posted a bigger-than-expected rise in third-quarter orders, helped by demand from the oil and gas industries, but said the outlook for the global economy was increasingly uncertain. The Zurich- based firm showed encouraging signs of increased order momentum at...

  • Christoph Kaml, CFO at Palfinger, says the Austrian crane-maker's international businesses are making up for the weak orders in Europe.

  • Gurria: Not seeing a recession in Europe     Wednesday, 22 Oct 2014 | 12:33 AM ET

    Speaking to CNBC at the APEC Finance Ministers meeting in Beijing, Angel Gurria, Secretary-General of the OECD, discusses the outlook for Europe's economy.

  • Michael Buhl, Co-CEO at Vienna Stock Exchange, explains why the Austrian market has been seeing higher trade volumes despite ongoing geopolitical tensions.

  • TOKYO, Oct 22- Japan's exports rose at the fastest pace in seven months in September as shipments to Asia picked up pace, but a slowdown in China, war in the Middle East and the spread of the Ebola virus mean exports may struggle to accelerate further. Now, renewed turbulence in the global markets on signs of a slowing world economy could snuff out any gains in exports,...

  • DIARY -Top Economic Events to Nov 3 Tuesday, 21 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rulemaking requiring sponsors of securitization transactions to retain risk in those transactions- 1930 GMT. LONDON- Bank of England publishes minutes of latest Monetary Policy Committee meeting. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn...

  • Skeptical about news of ECB bond buys: Pro     Tuesday, 21 Oct 2014 | 7:38 PM ET

    Jacob Kirkegaard, Research Fellow at PIIE, says news that the European Central Bank is looking to buy corporate bonds are "strategically leaked" by officials.

  • 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...

  • Buying Europe? Focus on these stocks     Tuesday, 21 Oct 2014 | 2:47 PM ET

    Discussing if now is the time to get bullish on Europe, with Jim McDonald, Northern Trust Global Investments, and Todd Schoenberger, J. Streicher Asset Management.

  • Time to buy Europe?     Tuesday, 21 Oct 2014 | 2:02 PM ET

    With Europe entertaining QE measures, CNBC's Michelle Caruso-Cabrera, discusses if now is the time to look overseas for big returns.

  • The price of oil is not where Russia would like it Tuesday, 21 Oct 2014 | 11:46 AM ET
    The Arctic oil rig 'Prirazlomnaya' in the Barents Sea owned by energy giant Gazprom, near Naryan Mar, Russia.

    Russia could face budget problems if oil stays at recent lows—especially given a sliding ruble and Crimea-related costs.

  • European shares close higher     Tuesday, 21 Oct 2014 | 11:30 AM ET

    European shares closed higher on Tuesday as buying was fueled by corporate earnings and reports the ECB would provide extra liquidity in the near future.

  • ECB looking at corporate bond buys: Sources Tuesday, 21 Oct 2014 | 6:55 AM ET
    A euro logo next to the headquarters of the European Central Bank in Frankfurt.

    The European Central Bank is considering buying corporate bonds on the secondary market, deciding as soon as December.

Contact Europe: Economy


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