CNBC's Carl Quintanilla reports on all the market moving events in Europe today, including concerns over rising tensions in Ukraine and earnings in the U.S.» Read More
WASHINGTON- For a bunch of people who just agreed the global economy is doing better, top officials from the world's rich and poor nations sound rather worried. -IMF-ECONOMY/, moved, by Jan Strupczewski and Krista Hughes, 870 words. PARIS- Two years ago, Greece's debt crisis almost brought the euro zone crashing down.
*Kiev condemns' act of aggression' by Russia. KIEV/ SLAVIANSK, Ukraine, April 12- Armed separatists took control of a city in eastern Ukraine on Saturday and Kiev prepared troops to tackle what it called an "act of aggression by Russia", pushing the conflict between the neighbours into a dangerous new phase.
Armed separatists took virtual control of a city in eastern Ukraine and Kiev prepared troops to respond.
*Kiev condemns' act of aggression' from Russia. *Russia- Ukraine gas dispute may threaten Europe's supply. KIEV/ MOSCOW, April 12- Armed separatists took virtual control of a city in eastern Ukraine on Saturday and Kiev prepared troops to deal with what it called an "act of aggression by Russia".
*Armed men seize buildings in eastern Ukraine. *Kiev says cut-off of Russian gas looking likely. KIEV/ MOSCOW, April 12- Armed men seized official buildings in a city in eastern Ukraine on Saturday and hoisted the Russian flag, deepening a stand-off with Moscow which, Kiev warned, was dragging Europe into a "gas war" that could disrupt supplies across the continent.
*Armed men seize buildings in eastern Ukraine. *Kiev says cut-off of Russian gas looking likely.
*Ukraine says Russian gas price hike unacceptable. *Armed men seize buildings in eastern Ukraine. KIEV, April 12- Armed pro-Russian militants raised the Russian flag in an eastern Ukrainian city on Saturday, deepening a stand-off with Moscow which, Kiev warned, was dragging Europe closer to a "gas war" that could disrupt supplies across the continent.
As always when the Intergovernmental Panel on Climate Change adopts one of its high-profile reports, the week-long talks in Berlin were slowed by wrangling between scientists and governments over which words, charts and tables to use in the roughly 30- page summary of a much bigger scientific report.
WASHINGTON— The United States is working to convince a reluctant Europe of the need to punish Russia more severely for its meddling in Ukraine while at the same time warning Moscow to step back or take more financial hits.
WASHINGTON- ECB Governing Council member Jens Weidmann and German Finance Minister Wolfgang Schaeuble to hold a national press conference in Washington- 1730 GMT.
ATHENS, April 11- German Chancellor Angela Merkel pledged on Friday to continue backing Greece, one day after the debt-laden country tapped bond markets for the first time since its international bailout began four years ago.
KIEV/ MOSCOW, April 11- Russian President Vladimir Putin tried to ease European fears of gas supply cuts on Friday after Brussels said it would stand with the new authorities in Kiev if the Kremlin carries out a threat to turn off the tap to Ukraine.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the selloff in tech and the chances of QE in the EU.
Since it's a scientific body, the Intergovernmental Panel on Climate Change won't tell governments how to divide those emissions cuts— a crunch issue in negotiations on a new climate pact that's supposed to be adopted next year. The U.S. is No. 2 with 17 percent, followed by India, Russia and Japan.
BERLIN— Swiss chocolatier Lindt& Spruengli AG has won the latest round in its battle of the bears against Germany's Haribo GmbH. A Cologne appeals court ruled Friday that the Swiss company's gold-foil wrapped chocolate teddy doesn't violate Haribo's copyrighted "Gold Bear" name for its gummy bears.
BERLIN— German automaker BMW is issuing a worldwide recall of many models of cars with certain six-cylinder gas motors after identifying a problem with a bolt used in the engine. The company said Friday that a recall started in China last week has now been extended worldwide, affecting 489,000 vehicles, including 156,000 in the U.S.
ATHENS, April 11- German Chancellor Angela Merkel arrived in Athens on Friday, a symbolic visit to mark the economic rehabilitation of a nation that over the past four years has threatened the stability of Europe and its single currency. Merkel's visit, which comes the day after Greece returned to international bond markets, will be brief.
KIEV, April 11- Ukraine said on Friday it would turn to Europe for gas and won a promise of help from Brussels after Russia warned it could cut supplies over Kiev's refusal to pay Moscow's "political, uneconomic price" for supplies.
*MSCI World index falls 0.5 pct, MSCI Europe down 1.2 pct. *Sharp sell-off on Wall Street hits global stocks. LONDON, April 11- Global equities slipped to a two-week low on Friday as a sell-off on Wall Street led by technology and biotech shares and triggered by growing concerns that valuations are over stretched spread to Asia and Europe.
LONDON, April 11- Brent oil futures dipped towards $107 a barrel on Friday following a weaker outlook for 2014 global demand growth from the International Energy Agency and due to expectations that more Libyan crude will reach the market next week. Brent crude was down 29 cents at $107.17 a barrel by 0927 GMT after settling 52 cents lower on Thursday.