CNBC's Simon Hobbs reports on all the market moving events in Europe today, including, a dip for euro zone PMI and Italian banks rise.» Read More
CNBC's Annette Weisbach reports on the dizzying rise of German property prices fueled by low interest rates in the euro zone.
*Liberia records most new deaths, worries over Monrovia. The epidemic of the hemorrhagic disease, which can kill up to 90 percent of those it infects, is ravaging the three small West African states of Liberia, Sierra Leone and Guinea, and also has a toehold in Nigeria, Africa's biggest economy.
SAN FRANCISCO, Aug 19- Uber has enlisted David Plouffe, President Barack Obama's 2008 campaign manager, to devise and run its global political and branding strategy, as the fast-expanding car rides-on-demand startup runs into stiff resistance in some cities.
BERLIN— A World War II bomb found Tuesday next to a highway near Frankfurt airport was disposed of in a controlled explosion, causing some disruption to flight operations. A stretch of the A3 highway near Offenbach, outside Frankfurt, was closed Tuesday after the 500- kilogram British bomb was found.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the rebound of the German DAX and weaker U.K. inflation eases rate pressure.
LONDON, Aug 19- Europe's banks have done the heavy-lifting in the toughest ever test of their financial strength, but an intensive quality assurance process and decisions still to be taken by supervisors means they can't work out how they've fared.
LONDON/ HELSINKI/ COPENHAGEN, Aug 19- Team Niinivirta, a Finnish family-run transportation firm, turned 60 this year, but its third-generation managers now don't know if the business will see Christmas, because of Russia's new ban on European food imports.
LONDON/ MELBOURNE- The world's biggest mining company, BHP Billiton, announces plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to focus on its most profitable activities.
FRANKFURT, Aug 19- The European Central Bank is in a policy no man's land, bombarded by news of a stagnating euro zone economy but hesitant to move forward with new stimulus until measures it loaded in June have ignited.
Treasury yields pulled away from recent lows on upbeat U.S. housing data and hopes of progress in the Ukraine crisis.
*Ukraine, Middle East tensions ease. NEW YORK, Aug 18- U.S. Treasury debt prices fell on Monday after three days of gains as risk appetite returned following upbeat U.S. housing data and easing tensions in the Middle East and Ukraine.
PARIS, Aug 18- European shares rallied on Monday as the market was encouraged by diplomatic efforts at the weekend to try and ease tension in Ukraine.
Though tensions eased in Ukraine on Monday, it seems unlikely the conflict will end any time soon, observers told CNBC.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a rally for European stocks as Ukraine tensions ease and London home owners slash prices.
LONDON, Aug 18- Gold fell on Monday as European and U.S. shares rebounded on an easing of tensions in Ukraine, while a steadier dollar and U.S. Russia's foreign ministry said "certain progress" had been achieved during talks between Russia, Germany, France and Ukraine in Berlin on Sunday about ways to end the military conflict in eastern Ukraine.
*Competition set to rise in Middle East, Asia. As the European Union's second biggest apple producer, Poland has some 700,000 tonnes of the fruit it usually sells to Russia but can't, because Moscow has a food embargo on many EU and U.S. goods as part of tit-for-tat sanctions related to the Ukraine crisis.
PARIS, Aug 18- European shares rallied on Monday as the threat of wider conflict in Ukraine, which had appeared to escalate on Friday, showed signs of easing. Russia's Foreign Ministry said on Monday a "certain progress" was achieved during talks among Russia, Germany, France and Ukraine in Berlin on Sunday.
*Mercedes-Benz, with no Russia car production, could suffer. MOSCOW, Aug 18- Russia may tighten retaliatory sanctions against Western nations to include a ban on imports of cars, if the United States and the European Union impose additional sanctions on Moscow, daily newspaper Vedomosti reported on Monday.
*European shares bounce back as Ukraine tensions ease. LONDON, Aug 18- Gold edged lower on Monday as European shares rebounded on easing tensions in Ukraine, but a flat dollar and depressed U.S.
*Russia sees progress in Ukraine talks. SINGAPORE/ LONDON, Aug 18- Brent crude fell more than $1 to trade below $102.5 a barrel on Monday, as the threat of wider conflict in Ukraine diminished, oil output increased in Libya and worries eased over supply from key producer Iraq.