CNBC's Simon Hobbs reports on all the market moving events in Europe today, including questions about if the ECB will launch QE and the euro's gains were erased by Ukraine tensions» Read More
Burger King may move to Canada. NEW YORK— Some Burger King customers are finding it hard to swallow that the home of the Whopper could move to Canada.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a rally for the euro zone after Mario Draghi signals stimulus and a rise for Italian stocks.
BERLIN/ PARIS, Aug 25- The euro zone's flat-lining economy took another hit on Monday when data showed German business sentiment sagging for the fourth month running, while a row over the lack of growth led the French government to resign.
With European markets on the rise, CNBC's Jim Cramer discusses Ukraine and the state of the European economy.
FRANKFURT, Aug 25- Prodding governments to do more to boost demand and hinting at European Central Bank action to go along with it marks a major shift in ECB chief Mario Draghi's euro zone policy away from a focus on austerity towards reviving growth. Draghi is now positioning himself closer to France and Italy.
*Ifo economist says Ukraine crisis burdening German economy. BERLIN, Aug 25- German business sentiment dropped for a fourth straight month in August as concerns about the Ukraine crisis and the impact of sanctions against Russia sweep through corporate boardrooms in Europe's largest economy.
*Ifo economist says Ukraine crisis burdening German economy. BERLIN, Aug 25- German business sentiment dropped for a fourth straight month in August, suggesting concerns about the Ukraine crisis and the impact of sanctions against Russia are sweeping through corporate boardrooms in Europe's largest economy.
FRANKFURT, Germany— Worries about the economy are rippling through Europe. Downbeat data have pushed the European Central Bank closer to more drastic action to keep the hesitant recovery from stalling completely.
BERLIN, Aug 25- German business sentiment dropped for a fourth straight month in August, suggesting concerns about the Ukraine crisis and the impact of sanctions against Russia are sweeping through corporate boardrooms in Europe's largest economy.
Prime Minister Manuel Valls offered up his Socialist government's resignation after accusing France's outspoken economy minister of crossing a line with his blunt criticism of the government's policies.
FRANKFURT, Aug 22- German venture capital firm Rocket Internet and Zalando, Europe's biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.
BERLIN— Swiss pharmaceutical company Roche said Sunday it has reached an $8.3 billion deal to buy InterMune Inc., a California- based developer of treatments for lung diseases. The companies have reached an agreement under which Roche will acquire InterMune in an all-cash transaction, paying $74.00 per InterMune share, Roche said.
BERLIN— Several thousand people have formed a human chain across the German-Polish border to protest the expansion of open-cast mining for brown coal in the region.
BERLIN— A union representing Lufthansa's pilots is threatening a new round of strikes in a long-running dispute over wages and early retirement benefits. The Vereinigung Cockpit union says in a statement it may order pilots to strike "starting immediately" because negotiations have failed to achieve their goals.
DONETSK, Russia— Hundreds of Russian aid trucks returned home from rebel-held eastern Ukraine on Saturday, highlighting a dire need for long-term assistance to the region where homes and livelihoods have been destroyed by months of fighting.
JACKSON HOLE, Wyoming— If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message:. The picture is still hazy. "Uncertainty is the key word," said Ian Shepherdson, chief economist at Pantheon Economics.
JACKSON HOLE, United States- Bank of England Deputy Governor Ben Broadbent, Bank of Japan Governor Haruhiko Kuroda and Central Bank of Brazil Governor Alexandre Antonio Tombini take part in a panel discussion on "Labor markets and monetary policy" at Kansas Fed's annual Jackson Hole symposium.
JACKSON HOLE, Wyo, Aug 22- The European Central Bank is prepared to respond with all its "available" tools should inflation in the euro zone drop further, ECB President Mario Draghi said on Friday in remarks that opened the door to possible policy action in September.
JACKSON HOLE, Wyo, Aug 22- European Central Bank chief Mario Draghi is confident that stimulus steps announced in June, helped by a weaker euro, will boost demand in the ailing euro zone economy, but stressed on Friday that the central bank stands ready to do more.
FRANKFURT, Germany— European Central Bank head Mario Draghi said Friday the bank is ready to do more to boost the shaky recovery in the 18 countries that use the euro— but warns governments must join in efforts to reduce stubbornly high unemployment.