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The European Union

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  • Court Scraps EU Trademark on Bud Beer Tuesday, 16 Dec 2008 | 7:13 AM ET
    Budweiser Beer

    A European Union high court on Tuesday scrapped a trademark for Anheuser-Busch's famous "Bud" beer name in Europe, handing a legal victory to Czech rival Budvar.

  • As Rates Race to Zero, Printing Presses Gear Up Tuesday, 16 Dec 2008 | 2:18 AM ET

    When the Federal Reserve policymakers decide on interest rates Tuesday, investors will probably look one step beyond their decision, to gauge how much money will the Fed be willing to print once it is out of rate ammunition.

  • Poll: Who Is Right in the "Crass" Bailouts Row? Thursday, 11 Dec 2008 | 3:29 AM ET

    German Finance Minister Peer Steinbrueck singled out British Prime Minister Gordon Brown for criticism in a "Newsweek" interview, accusing him of switching to economic policies that would saddle a generation with debt.

  • Wake up, No Such Thing as a Screaming Buy: CIO Wednesday, 10 Dec 2008 | 6:08 AM ET

    Bonds look more attractive than stocks in the current climate, as share prices may take another dive, and investors should worry about preserving the money they have rather than making any more, Hugh Hendry, chief investment officer and partner at Eclectica told CNBC.

  • Obama Gets Write-in Vote in Romania Monday, 1 Dec 2008 | 7:26 AM ET

    U.S. President-elect Barack Obama got a write-in vote in the north-eastern city of Iasi in Romania, where a disgruntled voter preferred him to seven local politicians competing for seats in parliament, Romanian news agency Rompres reported Monday.

  • Don’t heed the hype. This weekend’s G20 Summit will not, and cannot live up the hopes that a new financial architecture will be unveiled. It will likely be little more than a photo opportunity for the political class to demonstrate to their people that they are doing some about the global crisis.

  • Bank of England Cuts Rate by Record 150 Basis Points Thursday, 6 Nov 2008 | 7:26 AM ET

    The Bank of England slashed its key interest rate by one-and-a-half percentage points -- the biggest cut since it became independent in 1997 -- to 3 percent Thursday as recession fears heightened and despite inflation hovering above 5 percent.

  • UK Recruiters Report Record Fall in Jobs Wednesday, 5 Nov 2008 | 2:33 AM ET

    British recruiters reported a record fall in job appointments and the first drop in wages for five years in October, according to a survey published by industry group the Recruitment and Employment Confederation with KPMG.

  • European Stock Picks for Obama, McCain Tuesday, 4 Nov 2008 | 9:10 AM ET

    European building materials and construction stocks could be big gainers from a Barack Obama win in Tuesday's U.S. presidential election, while defence companies would get a boost if rival John McCain won, analysts said.

  • European Union finance ministers backed on Tuesday proposals for a reform of the G8 club of major industrial nations and an end to self-regulation in global financial markets that critics say caused the credit crisis.

  • Game Plan: Why the U.S. Still Needs Help Friday, 31 Oct 2008 | 7:09 PM ET

    If Europe, Britain and China don't cut interest rates, we could be in some real trouble.

  • VW Briefly Rivals Exxon for Biggest Market Cap Tuesday, 28 Oct 2008 | 12:33 PM ET

    Scarcity of Volkswagen stocks after Porsche bought up nearly all the remaining free float triggered a short squeeze that pushed VW's market capitalization above that of Exxon at some point Tuesday.

  • Banks' mark-to-market losses on financial products like asset-backed debt doubled to $2.8 trillion since forecasts in April, because of deteriorating market conditions, the Bank of England estimated in a report.

  • Euro Stocks off Lows but Asia Nosedives Wednesday, 8 Oct 2008 | 6:56 AM ET

    European stocks pared back some of the losses on Wednesday after plunging about 8 percent earlier in the session as credit fears grew.

  • Dow Drops Below 9,700 as Bernanke Speaks Tuesday, 7 Oct 2008 | 3:03 PM ET

    Stocks declined after a brief uptick as Fed Chairman Ben Bernanke seemed unable to soothe this cranky market for more than five minutes.

  • Pop From Fed Move Fizzles, Banks Skid Tuesday, 7 Oct 2008 | 12:51 PM ET

    Stocks rose Tuesday after the U.S. Federal Reserve announced a major step to help support strained commercial-paper markets.

  • Stocks Rise After Fed Move to Grease Credit Tuesday, 7 Oct 2008 | 9:56 AM ET

    Stocks rose Tuesday after the U.S. Federal Reserve announced a major step to help support strained commercial-paper markets.

  • Futures Drop After Fed Auction Statement Tuesday, 7 Oct 2008 | 9:26 AM ET

    Futures declined Tuesday after the U.S. Federal Reserve announced its fourth-quarter term auction schedule, unnerving investors who anxiously await signs of some coordinated response by global central banks to unfreeze the credit markets.

  • EU Won't Manage Unified Banking Plan Tuesday, 7 Oct 2008 | 4:26 AM ET

    The European Union will not respond with a U.S.-style bailout package to the current crisis but it will probably decide to guarantee all private deposits in banks across its territory to boost citizens' confidence in financial institutions, analysts told CNBC on Tuesday.

  • Poll: Should Countries Guarantee Deposits? Monday, 6 Oct 2008 | 3:39 AM ET

    Countries across Europe are following the move by Ireland to guarantee all its bank deposits. Should governments guarantee deposits? Vote in our poll.