CNBC's Michelle Caruso-Cabrera reports on all the market moving events in Europe today, including the possible restructuring of Banco Espirito Santo and the selloff in Portugal.» Read More
PARIS, July 8- Europe should stop thinking about cutting its dependence on Russian gas and focus instead on making those deliveries safer, including options to bypass Ukraine, the head of French oil major Total told Reuters.
CHARLOTTE, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, July 2014" before a luncheon hosted by the Rotary Club of Charlotte in Charlotte- 1700 GMT.
Italian finance minister Pier Carlo Padoan, says he is "on the same line" as the German government and other EU finance chiefs about the need for structural reform.
DONETSK, Ukraine, July 7- Pro-Russian rebels erected new barricades on the streets of Donetsk on Monday, preparing to make a stand in the city of a million people after losing their bastion in the town of Slaviansk in the worst defeat of their three-month uprising. Ukraine's richest man, Rinat Ahmetov, pleaded with the government on Monday not to bomb his home city.
HAMBURG, July 7- The European Central Bank should only embark on a broad asset-buying programme in the event of an emergency such as the immediate prospect of deflation, ECB Executive Board member Sabine Lautenschlaeger said on Monday.
An economic slowdown in Germany could bode ill for its easterly neigbors, for whom it is the biggest export market.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a decline in German industrial production.
BERLIN— Germany plans to introduce a car toll that seeks to make money from the millions of foreigners who drive through the country every year, the transport minister said Monday. Germany has a truck toll but, unlike many European countries, no car toll. Dobrindt plans to introduce toll stickers in 2016 for all cars using any roads in Germany, not just highways.
BERLIN— German industrial output fell sharply in May, a third consecutive drop that suggests Europe's biggest economy and engine of growth lost steam in the second quarter amid slowing business in China and tensions over Ukraine.
LONDON, July 7- The dollar was on its strongest run since late October on Monday as the momentum of last week's stellar U.S. jobs data carried markets towards what will be a crucial earnings season for record high shares.
Jonathan Fenby, director of China research at Trusted Sources, discusses what German Chancellor Angela Merkel will be talking about with the Chinese government.
BEIJING— German Chancellor Angela Merkel criticized industrial spying Monday while on a visit to China, which Germany and other governments have cited as a global center for economic espionage. Security researchers say Beijing tolerates such theft and in some cases actively encourages it.
BEIJING— Economic and business ties between China and Germany are expected to dominate Monday discussions between Chinese leaders and Chancellor Angela Merkel, who is visiting Beijing with a large business delegation. Negotiations with Iran to end its nuclear program and the ongoing conflict in Ukraine may also come up in Monday's discussions.
AIX-EN-PROVENCE, France- Christine LaGarde, chief of the International Monetary Fund, indicates that the IMF may trim the Fund's growth forecasts, although she says that global economic activity should get stronger in the year's second half and accelerate in 2015..
BERLIN, July 6- A German intelligence chief warned, as Chancellor Angela Merkel embarks on her latest visit to China, that some firms in Europe's biggest economy face a growing threat from industrial espionage by Chinese government agencies with huge resources.
WELLINGTON- Reserve Bank of New Zealand Deputy Governor Geoff Bascand delivers a speech on "The evolution of New Zealand's currency." AIX-EN-PROVENCE, France- ECB Executive Board member Benoit Coeure speaks at a conference in Aix-en-Provence on European investments- 0815 GMT.
CALGARY, Alberta, July 4- Oil dipped on Friday with Brent futures dropping below $111 a barrel on the prospect of revived Libyan exports and more U.S. crude soon finding its way to refiners, but losses were tempered by economic data pointing to a stronger demand outlook. Trade was extremely thin due to the Fourth of July holiday in the United States.
BERLIN— Germany summoned the U.S. ambassador in Berlin on Friday following the arrest of a man reported to have spied for the United States, heightening friction between the two countries over alleged U.S. eavesdropping in Germany.
LONDON, July 4- Brent futures dipped below $111 a barrel on Friday on the prospect of revived Libyan exports and more U.S. crude soon finding its way to refiners, but losses were tempered by economic data pointing to an improved demand outlook. Brent crude fell 22 cents to $110.78 a barrel by 1048 GMT and looked set to lose 2 percent this week.
*Recent data suggests Ukraine, Iraq weighing on demand. BERLIN, July 4- German industrial orders fell in May for the first time in two months and more sharply than expected due to a perceived increase in geopolitical risk, the Federal Statistics Office said on Friday.