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  • *Fiat Chrysler CEO Calls for "largescale" consolidation. MILAN/ DETROIT, April 29- Fiat Chrysler Automobiles Chief Executive Sergio Marchionne on Wednesday made a plea for shrinking the number of players in the global auto industry as the company reported lower-than-expected first quarter results and outlined new plans to boost North American profit...

  • Europe dives after weak US GDP   Wednesday, 29 Apr 2015 | 11:21 AM ET
    Europe dives after weak US GDP

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the euro heading higher after weaker-than-expected U.S. GDP in the first quarter.

  • MILAN, April 29- Italian oil services company Saipem said it would vigorously contest a 174.2 million euro lawsuit from a group of investors claiming the firm overstated profits. Deminor Recovery Services, representing 64 institutional investors, said on Wednesday it was seeking the damages to cover losses on share purchases caused by Saipem's alleged...

  • MILAN, April 29- Fiat Chrysler Automobiles on Wednesday reported a slightly lower than expected rise in first-quarter operating profit as Latin American losses dented a strong performance in North America. The world's seventh-largest carmaker, which moved its primary listing to New York in October and is due to spin off luxury unit Ferrari later this year,...

  • Fiat Chrysler CEO again makes pitch for auto mergers Wednesday, 29 Apr 2015 | 8:24 AM ET

    MILAN— Fiat Chrysler Automobiles CEO Sergio Marchionne says the auto industry faces grave risks if companies don't start consolidating and share skyrocketing product development costs. The company posted first-quarter net profit of $101 million, compared with a net loss of $193 million in the same period of 2014.. Major automakers spent a total of $136...

  • European markets close: UK GDP slowing down   Tuesday, 28 Apr 2015 | 11:21 AM ET
    European markets close: UK GDP slowing down

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including slowing UK Q1 GDP growth and European healthcare.

  • UN, Vatican team up for climate change agenda Tuesday, 28 Apr 2015 | 5:30 AM ET

    VATICAN CITY— The United Nations and Vatican joined forces Tuesday to warn about the dire effects of climate change, gathering religious leaders, Nobel laureates and heads of state to present a united front ahead of make-or-break environment talks later this year in Paris. Ban opened a Vatican conference on the environment that is a key part of the Holy See's...

  • European markets close: Greek exit near?   Monday, 27 Apr 2015 | 11:27 AM ET
    European markets close: Greek exit near?

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the exit of Greece from the eurozone and European banks.

  • DUBAI, United Arab Emirates— Well-heeled Middle Eastern fans of Italian jewelry and watch maker Bulgari will soon be able to surround themselves in the luxury brand at all hours of the day. The Rome- based jeweler and Dubai property developer Meraas on Monday announced plans for 188 Bulgari- branded homes in the glitz-loving Gulf city. Started by a Greek...

  • CATANIA, Italy, April 24- An Italian judge on Friday ordered that the presumed captain of a migrant boat that sank with the loss of more than 700 lives should remain in custody after prosecutors asked for him to be charged with multiple homicide and people-trafficking. Mohammed Alì Malek, 27, denies that he was in charge of the heavily overloaded fishing boat...

  • *EU summit agreed to triple search and rescue mission off Libya. *Land routes into Europe also deadly; train kills 14 migrants. BRUSSELS/ SKOPJE, April 24- British and German warships made ready to sail for waters off Libya as Europe ramped up rescue operations in the Mediterranean after up to 900 desperate migrants drowned last weekend on a boat heading for Italy.

  • European markets close: Euro banks doing well   Friday, 24 Apr 2015 | 11:27 AM ET
    European markets close: Euro banks doing well

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Electrolux and European banks.

  • *Mohammed Ali Malek denies being in command of overloaded boat. CATANIA, Italy, April 24- An Italian judge on Friday ordered that the presumed captain of a migrant boat that sank with the loss of more than 700 lives should remain in custody after prosecutors asked for him to be charged with homicide and people-trafficking. However Catania chief prosecutor...

  • *Members willing to carry out attacks in Pakistan, Afghanistan. ROME, April 24- Italian police were arresting 18 people on Friday suspected of belonging to an armed group linked to al Qaeda who were plotting attacks on the Vatican as well as in Pakistan and Afghanistan. In the tapped conversations, the suspects discuss "a big jihad in Italy," added Mario Carta, head of...

  • European markets close: Soft PMI   Thursday, 23 Apr 2015 | 11:28 AM ET
    European markets close: Soft PMI

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the Purchasing Managers' Index falling to 53.5 in April from 54.0 in March.

  • European markets close: Greek bonds rally   Wednesday, 22 Apr 2015 | 11:28 AM ET
    European markets close: Greek bonds rally

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including consumer confidence falling.

  • But Reuters polls of more than 250 economists across Europe and North America show only modest upgrades to growth forecasts and a reluctance to relinquish a depressed inflation view, despite the rush of rate cuts and central bank cash that most respondents believe is far from over. Germany's DAX index has rallied more than 20 percent since the start of the year...

  • European markets close: Greek debt curve   Tuesday, 21 Apr 2015 | 11:28 AM ET
    European markets close: Greek debt curve

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the Greek deal, and Italian banks.

  • *Two more rescues underway near Libya, one off Greece. CATANIA, Italy/ LUXEMBOURG April 20- The European Union proposed doubling the size of its Mediterranean search and rescue operations on Monday, as the first bodies were brought ashore of some 900 people feared killed in the deadliest shipwreck while trying to reach Europe. Malta's Prime Minister Joseph...

  • European markets close: Big Greek payments   Monday, 20 Apr 2015 | 11:25 AM ET
    European markets close: Big Greek payments

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a decree from the Greek government.