CNBC's Simon Hobbs reports on all the market moving events from Europe today, as the FTSE 100 touches its highest level since September 2000.» Read More
*Group wants to move tax residence to UK from Italy. MILAN, May 21- Truck and tractor maker Fiat Industrial intends to move its tax residence to the UK from Italy after its planned merger with unit CNH, according to a filing with U.S. regulators, a move that would lower its tax bill.
*CEO refuses to comment on sale of Verizon stake. *Will keep hold of latest Verizon payout. Rapid growth in Verizon, a solid performance in emerging markets and cost cuts however helped the group to offset some of the weakness and report slightly better than expected profit and earnings per share.
GENEVA, May 20- Leaders of the multibillion-dollar global business aviation industry see signs of recovery from four years of recession, they said on Monday, but they appealed to governments to ease the way ahead by cutting taxes and red tape.
The Wharton International Volunteer Program (WIVP) is leveraging the skills of its members to provide consulting services to resource-strapped NGOs in developing countries.
CNBC's Simon Hobbs reports on all the market moving events from Europe today, as the FTSE 100 touches its highest level since September 2000.
LONDON, May 20- Petroleum coke piled up along the banks of the Detroit River has sparked a storm of protest from local residents and environmental campaigners, who claim they are just one more problem associated with the bituminous tar sands being mined in western Canada.
NEW YORK-- Pulitzer Prize-winning biographer Ron Chernow was honored by his peers this weekend and in turn shared a few tips about his craft.
MADRID, May 19- Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favour of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system.
France has a special responsibility as a euro zone heavyweight to take deficit cuts seriously, even though its budget deficit is above target, Bundesbank chief Jens Weidmann said in an interview published Sunday.
BERLIN, May 19- France has a special responsibility as a euro zone heavyweight to take deficit reduction rules seriously, even though its budget deficit is above target, Bundesbank President Jens Weidmann said in an interview published on Sunday.
BRUSSELS, May 18- Critics ridiculed European Union bureaucrats on Saturday for taking time off fighting the euro zone's debt crisis to impose strict new rules on how restaurants serve olive oil. "If the European Union was logical and properly run, people wouldn't be so anti- Europe.
May 17- In the nearly five years since the worst financial crash since the Great Depression, the remedy for the world's economic doldrums has swung from full-on Keynesianism to unforgiving austerity and back.
LONDON, May 17- After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever.
May 17- The 3.5 percent gross domestic product growth announced by Tokyo on Wednesday suggests that Japan may be the fastest-growing economy in the G7. All these events appear linked to the election of Shinzo Abe and the regime he has installed at the Bank of Japan.
The process of matching jobless workers to vacancies is deteriorating in the euro zone, according to Goldman Sachs.
*Spain, Italian yields extend fall after supply this week. *Spain to auction more bonds next week. LONDON, May 17- German Bunds hit one-week highs on Friday, with traders citing talk the European Central Bank was checking with some banks whether they were ready for a potential cut in its deposit rate to below zero.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks shifted higher despite weak economic data from the U.S. yesterday.
Beppe Grillo, founder of Italy's Five Star Movement, talks to CNBC about honest bankers and how he wants the quality to come back into fashion.
Beppe Grillo, the founder of the Five Star Movement tells CNBC he's going to win the next Italian election and that the country's traditional parties have already become history.
Both Spain and Italy, which have taken turns at the forefront of the euro zone debt crisis in the past two years, have cashed in on investor appetite for higher-yielding assets this year, spurred by ultra-easy central bank policies.