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  • DIARY- Top Economic Events to June 3 Wednesday, 20 May 2015 | 8:01 PM ET

    SINTRA, Portugal- European Central Bank forum on central banking. Speakers:- ECB President Mario Draghi and board member Peter Praet, IMF Economic Counsellor Olivier Blanchard, BoE Governor Mark Carney, Central Bank of Mexico Governor Agustin Carstens, Central Bank of Ireland Governor Patrick Honohan, Organisation for Economic Co-operation and Development...

  • PARIS— France is trying to shake up a top-down system of teaching, end an elite bilingual program and give schools more say in how students spend their time, saying entrenched inequality in education threatens the country's future. The plan from the Socialist-led government came after an international study ranked France among the developed world's most...

  • *IMF raises Italy 2015 GDP forecast to 0.7 pct from 0.5 pct. ROME, May 18- The International Monetary Fund raised slightly its forecasts for Italy's economy this year and next on Monday and said Rome should take advantage of favorable external conditions to push through much-needed reforms. The IMF's mission chief, Petya Koeva Brooks, said low interest rates, the...

  • Europe stocks dive Friday   Friday, 15 May 2015 | 11:30 AM ET
    Europe stocks dive Friday

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including some of the automotive makers stocks moving lower.

  • ATLANTA— Delta Air Lines CEO Richard Anderson leans back in his chair, smiles and explains why he's so happy. With a healthy balance sheet, Anderson, who just turned 60, is now focusing on a fight with government-backed Middle East airlines, building long-term partnerships with other international carriers and improving the onboard experience for passengers.

  • Is Italy's Renzi a 'normal' politician?   Friday, 15 May 2015 | 3:30 AM ET
    Is Italy's Renzi a 'normal' politician?

    Nino Tronchetti Provera, co-founder of Ambienta, says President Matteo Renzi is Italy's first normal politician in years and is trying to do what is best for the country.

  • Europe stocks rally, good news from Greece   Thursday, 14 May 2015 | 11:28 AM ET
    Europe stocks rally, good news from Greece

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Mario Draghi speaking at the IMF, and the turnaround in trading over the session.

  • Poor European close, Greece running out of time   Wednesday, 13 May 2015 | 11:28 AM ET
    Poor European close, Greece running out of time

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the bond market selloff moving into equities.

  • WRAPUP 3-Euro zone economy picks up pace but Germany lags Wednesday, 13 May 2015 | 7:23 AM ET

    *Germany slows as foreign markets struggle. BRUSSELS, May 13- A slowdown in Germany weighed on the euro zone in the first quarter, but the bloc's economy still grew at its fastest in almost two years as cheap food and fuel boosted spending and a central bank stimulus program kicked in. Domestic demand was certainly behind the improved growth in France and Italy, and...

  • DUBAI, May 13- Dubai's Emirates airline could expand its route network by using European hubs to fly into North and South American cities, its president said, a move that could anger U.S. carriers which accuse it of competing unfairly through state subsidies. Emirates is considering plans to open new routes to U.S. cities from Dubai, as well as flying new routes from...

  • May 12- Italian holding company Exor sweetened its all-cash offer for Bermuda- based reinsurer PartnerRe to $6.8 billion after its previous attempt to trump a bid by Axis Capital Holdings was rejected. PartnerRe rejected Exor's earlier $6.4 billion offer last week, arguing it undervalued the company. Exor, PartnerRe's largest shareholder with a 9.32 percent...

  • European markets close lower   Tuesday, 12 May 2015 | 11:26 AM ET
    European markets close lower

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the selloff in the bond and equity market.

  • Europe's well of sympathy for Greece runs dry Tuesday, 12 May 2015 | 11:01 AM ET

    BRUSSELS/ VILNIUS, May 12- When radical leftist Alexis Tsipras stormed to victory in Greece's general election in late January, he briefly became an icon of the European left. French daily Liberation, founded by philosopher Jean-Paul Sartre, declared him "the new face of Europe", while everyone wanted to be photographed with the tieless Tsipras, 40, and his...

  • Italy's olive trees are succumbing to a bacterial outbreak, causing olive oil manufacturers to fear ruin and EU officials to fear a broader outbreak. The New York Times reports.

  • UniCredit first quarter profits down nearly a third Tuesday, 12 May 2015 | 8:38 AM ET

    MILAN— Italy's largest bank by assets, UniCredit, says net profit dropped by nearly one-third as it provisioned more funds against risk. UniCredit said the earnings took into account a 91 million euro payment to a Europe- directed fund complementing local deposit protection systems, namely in Germany and Austria. UniCredit shares were flat in Milan trading at...

  • ROME— The shipwrecked Costa Concordia cruise liner is finally ready for scrapping, after being gutted of its insides, including furniture and wiring. A pair of tugboats on Tuesday eased the hulking wreck into a section of Genoa harbor where the shell of the ship is expected to start being dismantled in a week. Last summer the Concordia made a more dramatic journey,...

  • CATANIA, Sicily— When migrants arrive in Italy, exhausted after days of perilous travel in overcrowded boats, some of the first things they receive are gleaming sneakers that stand out incongruously against their grimy and threadbare clothes. Police in Catania, on Sicily's eastern coast, recently received court permission to donate confiscated counterfeit...

  • Europe at the close: EU finance ministers meet   Monday, 11 May 2015 | 11:24 AM ET
    Europe at the close: EU finance ministers meet

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the European finance ministers meeting in Brussels.

  • Commissions boost Intesa SanPaolo's Q1 profit Monday, 11 May 2015 | 8:15 AM ET

    MILAN— Intesa SanPaolo says first-quarter earnings nearly doubled due to record growth in fees and commissions, boosting Italy's second-largest bank to its strongest quarter in six years. The bank on Monday reported a net income of 1.064 billion euros, compared with 503 million euros in the same period last year. Intesa SanPaolo said the earnings exceed...

  • LOS ANGELES— A newspaper analysis has found that the most recent estimate of the cost to ride California's bullet train from Los Angeles to San Francisco is a bargain at an average of $86. At roughly 20 cents a mile, it would be one of the world's cheapest high-speed rail trips, the Los Angeles Times reported. On China's 809- mile line between Beijing and Shanghai, it...