CNBC's Simon Hobbs reports on all the market moving events in Europe today, including pressure on Italian stocks, and a rise for London home prices.» Read More
BERLIN— The high-profile tax evasion trial against former Bayern Munich president Uli Hoeness has prompted a surge in the number of Germans turning themselves in to authorities for failing to properly declare their taxes.
BEIJING/ WASHINGTON, April 16- China rejected on Wednesday a warning from the Obama administration that its currency was too weak, urging the United States to recognise that China aims to "perfect and regulate" the exchange rate system.
FRANKFURT, April 16- Daimler is set to revive Maybach, a brand once coveted by oligarchs, rap stars and royals, to woo a growing class of ultra-wealthy clients in Asia and the United States, a person familiar with the company's plans said.
FRANKFURT, Germany— Swiss bank Credit Suisse says its net profit fell 34 percent in the first quarter, more than expected, as bond-market woes hurt earnings at its investment banking business. Profit dropped to 859 million Swiss francs from 1.303 billion francs in the same quarter a year ago.
TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the Japan Trust Banks Association- 0615 GMT. LJUBLJANA- Slovenia Finance Minister Uros Cufer speaks at a business conference on the European and Slovenian banking sector- 0700 GMT.
*German RWE begins small gas deliveries to Ukraine. VELKE KAPUSANY, Slovakia/ FRANKFURT, April 15- U nprecedented talks across the European Union on Tuesday showed it scrambling for solutions on the ground to break its dependence on Russian gas and help supply Ukraine.
NEW YORK— A women's media group has created a new award for courage honoring Associated Press photographer Anja Niedringhaus, who was killed on assignment in Afghanistan, the group announced Tuesday.
*Indonesia's export ban, Russia sanctions support. LONDON, April 15- Base metals fell on Tuesday, led by nickel, as investors sold risky assets on worries about demand in top consumer China and concern about the conflict in Ukraine.
BERLIN— German utility company RWE said Tuesday it has started sending natural gas to Ukraine, a move that could support the country if Russia acts on its threat to cut off supplies because of a massive debt for past deliveries.
FRANKFURT, Germany— A key German measure of investor confidence in the economy slipped in April as the conflict in Ukraine created uncertainty about the future. It is the second month the index has fallen because of concern over Ukraine, where Russia has annexed the Crimean Peninsula and is now accused of stirring unrest in the eastern part of the country.
FRANKFURT, Germany— Food company Nestle SA says sales rose 4.2 percent in the first quarter compared with a year ago despite deflationary pressures in Europe.
Federal Reserve chairman Ben Bernanke visits India. CANBERRA, Australia- RBA Assistant Governor Guy Debelle speaks to the Economic Society of Australia in Canberra- 0230 GMT. DUBLIN- Irish financial regulator Cyril Roux speaks at conference on' The Future of Prudential Regulation'- 0900 GMT.
Greece made a successful, if artificially engineered, return to the long-term capital markets last week for the first time since its international bailout in 2010, and just two years after imposing heavy losses on its private creditors.
*Indexes breaks losing streak on U.S. data, Citi results. LONDON, April 14- Strong U.S. economic data helped pan-European equity indexes snap a three-day losing streak on Monday but appetite for risk remained muted as the threat of violence between Ukrainian forces and pro- Russia separatists loomed.
*Porsche product drive faced scepticism among fans. MILAN, April 14- As Fiat Chrysler moves to reinvent its small Maserati brand as a serious rival to the world's luxury car makers, the pressure to succeed is all the greater for the startling success of Germany's Porsche.
*FTSEurofirst 300, Euro STOXX 50 both flat. LONDON, April 14- Cyclical shares weighed on European bourses on Monday as tensions in Ukraine and volatile global markets prompted investors to take a more cautious stance on growth and cash in on some of the best performers of the past nine months.
PRAGUE, April 14- The Czech Republic wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units and believes the European Union should be more supportive of atomic power, Industry Minister Jan Mladek said on Monday.
LONDON, April 14- European equities slipped to a three-week low on Monday, led lower by technology stocks following a sharp U.S. sell-off on the tech-heavy Nasdaq, with tensions in Ukraine prompting investors to shun riskier assets.
The price of crude oil was volatile around $104 a barrel on Monday amid escalating tensions in Ukraine. By early afternoon in Europe, benchmark U.S. crude for May delivery was down 11 cents to $103.63 a barrel in electronic trading on the New York Mercantile Exchange.
BERLIN— The German Aerospace Center says it was the target of a suspected espionage attack for several months. The research center on Monday confirmed a report by German magazine Der Spiegel and said it had asked the national cyber defense center to investigate the attack.