CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a warning from BP, and news UBS revealed a U.S. dark pool investigation.» Read More
Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.
ROME— A new amusement park outside Rome celebrates the world of cinema, taking visitors back to the golden age of Italian film production when the Rome- based Cinecitta Studios— still in operation— were known as " Hollywood on the Tiber."
Benedetto Della Vedova, Undersecretary of State at Ministry of Foreign Affairs, Italy, says tougher sanctions on Russia won't affect the Italian economy.
GENOA, Italy— The shipwrecked Costa Concordia cruise liner completed its final journey, reaching Genoa on Sunday where it will be scrapped. The Concordia struck a reef when its captain sailed too close to Giglio Island off Tuscany's coast Jan. 13, 2012, and capsized, killing 32 people.
*Investors agree to share issue of up to 250 million euros. ROME, July 25- Alitalia shareholders on Friday approved a share issue of up to 250 million euros to keep the Italian flag carrier flying as it seeks to finalize a life-saving tie-up with Etihad Airways. Abu Dhabi's state-owned Etihad Airways plans to buy a 49 percent stake in the Italian carrier.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including U.K. GDP growing at an annualized rate of 3.1 percent and LVMH's earnings miss in Asia.
BRUSSELS, July 25- When Dutch Foreign Minister Frans Timmermans spoke to his European Union peers of his grief and anger over the downing of a Malaysia Airlines airliner over eastern Ukraine, it was a turning point in Europe's approach to Russia.
MILAN/ LONDON, July 24- PSA Peugeot Citroen and Fiat Chrysler denied a Financial Times report on Thursday that the companies were preparing a merger to create the world's fifth-largest carmaker.
SARAJEVO, July 24- Italian Foreign Minister Federica Mogherini, a candidate to become the European Union's next foreign policy chief, reiterated on Thursday that she supports additional sanctions against Russia over the crisis in Ukraine.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including gains for European banks and a sales miss for Unilever.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a rally for Portuguese banks and Daimler earnings beat forecasts.
TURIN, Italy, July 23- Fiat Chrysler CEO Sergio Marchionne on Wednesday quashed speculation of a possible tie-up with Germany's Volkswagen, saying the idea had never been on the agenda. A German magazine earlier this month reported Volkswagen Chairman Ferdinand Piech had held talks with the owners of Fiat Chrysler about buying all or part of the group.
BERLIN, July 23- For lawmaker Jan van Aken, little symbolizes more potently all that he finds indefensible about Germany's arms exports than the German and French-made anti-tank missile that he was shown in northern Syria. From its serial number, he believes the 1970 s MILAN rocket was sold legitimately by France to then Syrian leader Hafez al-Assad.
GIGLIO ISLAND, Italy— The Costa Concordia cruise liner began its final voyage Wednesday, slowly being towed away from the tiny Italian island where it capsized more than two years ago, killing 32 people. The tugs are bringing the crippled ship on a four-day journey to the northwestern port of Genoa, which is home to the ship's owner, Costa Crociere Spa.
CNBC's Simon Hobbs reports Europe breaks its three day losing streak led by building and property stocks.
*Italian watchdog says Google practices still inadequate. *Google says will continue to cooperate with regulator. MILAN, July 21- Italy's data protection regulator has given Google 18 months to change the way it treats and stores user data, bringing to an end an investigation that is part of a European drive to reform the internet giant's privacy practices.
The euro has remained stubbornly strong amid a slew of obstacles, and some analysts said the European Central Bank has kept it higher.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including losses ahead of tomorrow's EU sanctions meeting and if Putin will in turn impose sanctions against the EU.
MILAN, July 21- Italy's data protection regulator has given Google 18 months to change the way it treats and stores user data, bringing to an end an investigation that is part of a European drive to reform the internet giant's privacy practices.
THE HAGUE, Netherlands— A distraught, grieving mother summed up a swelling mood of despair and anguish in the Netherlands on Sunday at faltering efforts to repatriate the bodies of loved ones killed in the downing of Malaysia Airlines Flight 17, appealing directly to Russian President Vladimir Putin to return the bodies of her son and his girlfriend.