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  • ORLANDO, Fla., June 26- Walt Disney Co will ban selfie sticks starting next week at its theme parks around the world, the company said on Friday, joining a growing list of attractions that restrict the camera accessories for safety reasons. Beginning Tuesday, the company will not allow selfie sticks- extension rods used for taking self-portraits with smartphones-...

  • Greece's creditors step up push for energy reforms Friday, 26 Jun 2015 | 1:07 PM ET

    BRUSSELS, June 26- The price of a deal to unlock funds for Greece includes "irreversible steps" to privatise its power network and making energy reforms that EU regulators have been demanding for years, its creditors say. A document drawn up by Greece's creditors-- the European Commission, the European Central Bank and the International Monetary Fund-- demands "...

  • ORLANDO, Fla., June 26- Walt Disney Co will ban selfie sticks starting next week at its theme parks around the world, the company said on Friday, joining a growing list of attractions that restrict the camera accessories for safety reasons. Beginning Tuesday, the company will not allow selfie sticks- extension rods used for taking self-portraits with smartphones-...

  • Indian Oil buys spot LNG cargo from Vitol - sources Friday, 26 Jun 2015 | 6:59 AM ET

    NEW DELHI/ MILAN, June 26- State-run Indian Oil Corp has awarded a tender to buy a liquefied natural gas cargo for delivery in mid-July to trader Vitol, sources with knowledge of the deal said. The 3.1 trillion British thermal units cargo will be delivered at Dahej Terminal in western Gujarat State. Petronet LNG operates the 10 million tonnes a year Dahej terminal...

  • Japan says no to China's big bank plans...for now Thursday, 25 Jun 2015 | 1:10 PM ET
    Japan's Prime Minister Shinzo Abe

    With the perception of China using the AIIB to push its political agenda, Japan is unlikely to join as of now.

  • European markets close: EU leaders gather for summit Thursday, 25 Jun 2015 | 11:27 AM ET
    European markets close: EU leaders gather for summit

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including EU leaders involvement in Euro zone meetings.

  • *Enel does not comment, had said would not cut Endesa stake. MADRID/ LONDON/ MILAN, June 25- Private equity funds CVC and KKR are studying a bid for a "meaningful" stake in Endesa, the Spanish subsidiary of Italy energy group Enel, sources with knowledge of the matter said. Enel declined to comment but sources close to the company said it had no interest in selling part or...

  • World’s kitchens brace for olive oil shock Wednesday, 24 Jun 2015 | 11:15 PM ET

    Foodies brace yourselves: The world is facing an oil shock — of the extra virgin olive sort. The Financial Times reports.

  • European markets close: EU key meeting Wednesday, 24 Jun 2015 | 11:27 AM ET
    European markets close: EU key meeting

    CNBC's Carl Quintanilla reports on all the market moving events in Europe today, including Greek PM Tsipras meeting with creditors.

  • Ferragamo CEO: Luxury market generally positive Wednesday, 24 Jun 2015 | 4:40 AM ET
    Ferragamo CEO: Luxury market generally positive

    Michele Norsa, CEO of Salvatore Ferragamo, discusses the challenges of navigating a volatile market.

  • SHANGHAI— The Bank of China said it would cooperate with Italian prosecutors seeking to indict the bank and hundreds of Chinese migrants following a massive money-laundering probe reported by The Associated Press earlier this month. Nearly half that money went through the Bank of China's Milan branch, which had an exclusive contract with the money transfer...

  • SHANGHAI— The Bank of China said it would cooperate with Italian prosecutors seeking to indict the bank and hundreds of Chinese migrants following a massive money-laundering probe reported by The Associated Press earlier this month. Nearly half that money went through the Bank of China's Milan branch, which had an exclusive contract with the money transfer...

  • MILAN, June 23- Italy's Banca IFIS aims to buy a further 1 billion euros of non-performing loans this year, its CEO said, after the lender agreed to buy three bad loan portfolios including one from Monte dei Paschi di Siena. Italy's market for bad loans is under-developed compared with some other countries, with sales of just 7.5 billion euros for the whole of last...

  • European markets close: Greeks cross own 'red lines' Tuesday, 23 Jun 2015 | 11:31 AM ET
    European markets close: Greeks cross own 'red lines'

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including action in Greece.

  • Ditch Wall Street for Europe stocks: Nabarro Tuesday, 23 Jun 2015 | 12:43 AM ET
    Ditch Wall Street for Europe stocks: Nabarro

    Willem Nabarro, head of European Equities for Asia at Exane-BNP Paribas, explains why he is calling for a rotation towards European equities from U.S. markets.

  • HONG KONG, June 23- China's fourth-largest lender the Bank of China Ltd on Tuesday said it would respond to any formal request for information from Italian authorities investigating alleged money laundering and other financial crimes at its Milan branch. It said 2.2 billion euros of that had been sent via the Bank of China's Milan branch.

  • Sicilian town hopes free homes lead to commerce Monday, 22 Jun 2015 | 5:27 PM ET
    The historic center of Gangi, a Sicilian town whose local administration is giving away abandoned houses.

    Gangi, a town in Sicily, is giving away older homes for free, but requiring the new to owner renovate the building, NYT reports.

  • European markets close: Greece offers to raise retirement age

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including action with Italian and euro zone banks.

  • June 22- Ferrero, the maker of Nutella spread, has offered to buy British chocolate company Thorntons Plc for 112 million pounds, a rare acquisition by the Italian group. It marks the first move by the maker of Ferrero Rocher pralines since the death of its patriarch Michele Ferrero earlier this year. The company, a familiar name in Britain, has been struggling in...

  • *Greece makes new offer to creditors. BRUSSELS/ ATHENS, June 22- The European Union welcomed new proposals from Greek Prime Minister Alexis Tsipras as a "good basis for progress" at talks on Monday where creditors want 11th- hour concessions to haul Athens back from the brink of bankruptcy. EU chief executive Jean-Claude Juncker's chief-of-staff spoke of a "...