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  • UK banks rally  Thursday, 18 Dec 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a rally for energy stocks and euro zone banks.

  • FRANKFURT, Dec 18- The European Central Bank said on Thursday it would start publishing accounts of its monetary policy meetings next year, a move that will raise the ECB's transparency but still leave it behind other big central banks. The ECB will begin publishing the accounts of Governing Council discussions starting with the meeting on Jan. 22.

  • *Delivery delays in UK after "Black Friday" surge. BERLIN/ PARIS, Dec 18- The Christmas rush is exposing the limitations of internet-only retailers as surging orders cause delivery delays, allowing Europe's shops to fight back with "click and collect" services and more in-store theatre. Britain's biggest department store group John Lewis, which was early to...

  • Rise of the car-sharing apps poses threat to auto sector Thursday, 18 Dec 2014 | 10:15 AM ET

    The rise of the likes of car hire app Zipcar and car-pooling rival BlaBlaCar are expected to present new challenges to mass-market carmakers such as Ford, GM, Volvo, Renault and Volkswagen while presenting fresh opportunities for existing rental networks. Online taxi business Uber is another seeking a slice of the market with its UberPop operation, which...

  • Daimler puts aside $748 million for antitrust case Thursday, 18 Dec 2014 | 9:30 AM ET

    BERLIN— Daimler AG says it's booking a 600 million-euro charge related to European Union antitrust proceedings against commercial vehicle makers. Daimler said Thursday it's increasing a provision first made in 2011 to deal with the investigation by the EU's executive Commission after reviewing documents on which Brussels based its accusations, which it...

  • EU leaders agree to fund for jumpstarting growth Thursday, 18 Dec 2014 | 9:21 AM ET

    BRUSSELS— European Union leaders agreed Thursday to create a strategic investment fund that could generate up to 315 billion euros in private- and public-sector money to upgrade infrastructure, jumpstart the EU's sluggish economies and ignite job growth. The plan approved by leaders of the 28- nation EU at their one-day summit meeting in Brussels calls for...

  • LONDON, Dec 18- The Swiss franc tumbled on Thursday after its central bank announced a charge on deposits, wary of a flood of money exiting Russia and likely inflows from the euro zone if the ECB starts full-scale money printing early next year. The jitters of recent weeks calmed a touch as oil rose for a second day, although the pressure was still on Russia's rouble...

  • A fresh setback for efforts to cure HIV infection Thursday, 18 Dec 2014 | 7:53 AM ET

    So far, Timothy Ray Brown, a U.S. man treated in Germany, remains the only person thought to have been cured of infection with HIV, the virus that causes AIDS. Gero Huetter of the University of Berlin. In a research letter in Thursday's New England Journal of Medicine, Huetter tells of six other patients with HIV and various blood cancers who received similar...

  • The watchdog announced sanctions totaling 345.2 million euros on cleaning products makers Colgate-Palmolive, Henkel, Unilever, Procter& Gamble, Reckitt Benckiser, Sara Lee, SC Johnson and Bolton Solitaire. It announced a further 605.9 million euros of fines relating to personal hygiene products against Colgate-Palmolive, Henkel, Unilever, Procter& Gamble,...

  • LONDON, Dec 18- The Swiss franc tumbled on Thursday as its central bank slapped a charge on deposits, wary of a flood of money exiting Russia and the likely pressure from the euro zone if the ECB starts full-scale money printing early next year. The jitters of recent days also calmed a touch as Russia managed to stabilise its rouble ahead of an end-of-year address...

  • German business confidence up for 2nd month Thursday, 18 Dec 2014 | 4:09 AM ET

    BERLIN— A closely watched survey showed Thursday that business confidence in Germany, Europe's biggest economy, has risen for the second month in a row as lower oil prices and a weaker euro helped brighten managers' outlook for the next six months. ING-DiBa chief economist Carsten Brzeski said in a blog post that "lower energy prices and the weaker euro should...

  • *But Samaras discussed plans with Berlin, Brussels. But in contrast to a recent predecessor, he made sure before dropping the bombshell that Berlin and Brussels wouldn't stand in the way. With Berlin playing a decisive role in European aid for Greece, Samaras and Schaeuble spoke repeatedly by telephone in the days before the early vote was announced on Dec. 8,...

  • Business events scheduled for Thursday Wednesday, 17 Dec 2014 | 1:38 PM ET

    WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Mortgage company Freddie Mac releases weekly mortgage rates, 10 a.m.. WASHINGTON— Conference Board releases leading indicators for November, 10 a.m..

  • FRANKFURT/ PARIS, Dec 17- European Central Bank policymakers are discussing how best to act to revive the euro zone economy rather than whether to do so, ECB board member Benoit Coeure said, as France pressed for a "more suitable" monetary policy for the common currency area. Coeure, a Frenchman close to ECB President Mario Draghi, said there was support on the bank's...

  • European energy stocks rebound  Wednesday, 17 Dec 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a bounce for energy stocks and decline for European airlines.

  • Amazon workers in Germany extend strike Wednesday, 17 Dec 2014 | 9:01 AM ET

    *Workers in Graben to keep striking until Dec. 24. Labor union Verdi launched a three-day strike on Monday at five of Amazon's nine distribution centers in Germany, adding a sixth warehouse from Tuesday, with more than 2,600 workers involved in the industrial action on Wednesday. An Amazon spokeswoman said the company had not seen any delays so far and had...

  • German court strikes down tax breaks for companies Wednesday, 17 Dec 2014 | 6:18 AM ET

    BERLIN— Germany's highest court has struck down breaks on inheritance tax that benefit companies and ordered the government to come up with new rules. It said the government is entitled to allow small and medium-sized companies tax breaks "to secure their existence and preserve jobs" but told it to come up with new rules by June 2016. The court said 4.3 billion...

  • German Cabinet OKs car toll for foreigners Wednesday, 17 Dec 2014 | 6:14 AM ET

    BERLIN— Beware foreign drivers: Germany's Cabinet has approved plans for a car toll on the country's highways that aims to raise money from foreign drivers and has caused friction with Brussels. Transport Minister Alexander Dobrindt said the plan would raise 500 million euros per year. Dobrindt said the plan is "worthwhile, fair and just" and insisted it...

  • European Commission concerned about Russian economy Wednesday, 17 Dec 2014 | 5:18 AM ET

    BERLIN, Dec 17- The European Commission is worried about recent developments in Russia and has no interest in seeing the country's economy hobbled, a Commission official said on Wednesday. "We are all watching the economic developments in Russia with concern," the official said at a briefing in Berlin ahead of a summit of European Union leaders that starts on...

  • Russians flock to stores to pre-empt price rises Wednesday, 17 Dec 2014 | 2:11 AM ET

    The Swedish furniture giant IKEA already warned Russian consumers that its prices will rise Thursday, which resulted in weekend-like crowds at a Moscow store on a Wednesday afternoon. Apple, for one, has halted all online sales in Russia. We are just a few days away from a full-blown run on the banks, " Russia's leading business daily Vedomosti said in an editorial...