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.» Read More
*Lukoil says operations in Iraq unaffected by violence. MOSCOW, Aug 19- Lukoil, Russia's second biggest oil producer, said on Tuesday it had shipped 1 million barrels of oil produced from southern Iraq's giant West Qurna-2 oilfield, its first shipment from the field, despite a surge of violence in Iraq.
LONDON/ MILAN, Aug 15- Canadian plane and train maker Bombardier and Japanese industrial giant Hitachi are the two frontrunners to buy Finmeccanica's rail subsidiaries, several sources close to the auction process said.
*Merger to create Fiat Chrysler Automobiles. MILAN, Aug 14- Sergio Marchionne has shown he is determined to let nothing stand in the way of Fiat's merger with Chrysler, but a share price slide may yet force the CEO to hit the brakes on plans to turn the world's No. 7 carmaker into a top player.
*Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigor by contraction in Germany and stagnancy in France.
*Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigour by surprisingly shrinking growth in Germany and stagnancy in France.
*Germany surprises by slipping into contraction. *France flatlines, government rips up growth forecast. BERLIN/ PARIS, Aug 14- Germany's economy shrank in the second quarter and France again failed to conjure up any growth, snuffing out any signs of a recovery in the euro zone which is now also weighed down by tit-for-tat sanctions with Russia.
*Germany surprises by slipping into contraction. *France flatlines, government rips up growth forecast. BERLIN/ PARIS, Aug 14- Germany's economy shrank in the second quarter and France again managed to conjure up no growth, data showed on Thursday, snuffing out any signs of a recovery in the euro zone which is now weighed down by tit-for-tat sanctions with Russia.
BEIRUT— Simone Camilli was a consummate storyteller— a passionate, talented newsman with an eye for detail and the ability to convey events with powerful video images that touched people around the world.
NEW DELHI/ LONDON, Aug 13- Italy's claims that a sale of parts of insolvent Italian steelmaker Lucchini to India's JSW Steel will be concluded within days are premature, a top JSW executive said on Wednesday.
GAZA CITY, Gaza Strip— Six people— including an Associated Press video journalist— were killed Wednesday when leftover ordnance believed to have been dropped in an Israeli airstrike blew up in the Gaza Strip.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a plunge in German investor confidence and a lift for Greek banks.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a strong technical rebound led by Russian linked stocks.
These are the kinds of questions that city bureaucrats pondered recently in Florence in what has been billed as Italy's first anti-corruption class for public officials. Italy, the birthplace of the Mafia, is notorious for its problems with corruption— and these days it's awash with scandals that have tainted some of its most important public works projects.
PRETORIA- South Africa's central bank steps in to rescue unsecured lender African Bank Investments, placing it under external supervision and announcing plans for a $940 million capital injection underwritten by local lenders. Europe's fragile economy put to test as Ukraine, Iraq sour mood.
ROME— Italy has moved ahead with plans to block big cruise ships from sailing past Venice's historic center, authorizing an environmental study for an alternate route that it hopes will still satisfy the city's key tourism industry. Cruise ships currently can pass within 300 meters of Venice's iconic St.
FRANKFURT/ MILAN/ LONDON, Aug 8- Several Italian utilities and private equity groups are expected to hand in tentative offers worth about 2 billion euros for E.ON' s Italian unit early next week, people familiar with the matter told Reuters.
ROME, Aug 8- Middle Eastern airline Etihad will buy almost half of Alitalia and pour 560 million euros into the lossmaking Italian flag carrier in a turnaround effort that will involve heavy job losses, under a long-delayed deal signed on Friday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including those stocks hit hardest by Russia and major Europe indices have entered correction territory.
ROME— Fast-growing Etihad Airways took effective control of Italy's loss-making national carrier Alitalia on Friday, injecting 560 million euros in a deal that will see the Gulf airline gain access to one of Europe's major markets.
Renzi under pressure to act after Italy fell into recession. ROME, Aug 8- Italy has pushed through a package of support measures for the economy that offers some help to businesses, but pressure is rising on Prime Minister Matteo Renzi to take more significant steps to pull the country out of recession.