CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a consolidation for European stocks and a decline for Russia related stocks.» Read More
The European Central Bank is determined to stop increases in oil and food prices becoming entrenched in a broader inflation rise, President Jean-Claude Trichet said in a newspaper interview published on Monday.
Several top central banks including the Federal Reserve and the European Central Bank announced plans to address elevated pressures in short-term funding markets.
Euro zone factory output growth crept up in November from October's 26-month low, but is unlikely to regain its summer momentum soon, pointing to interest rates remaining on hold, a key survey showed on Monday.
The euro's rise against the yuan is largely a reflection of a sharp drop in the dollar, and the European Union should look to Washington to resolve the problem, Chinese Premier Wen Jiabao said on Wednesday.
Luxury goods maker Gucci, owned by French retailer PPR sees double-digit growth in 2007 and aims to open more stores in Asia and eastern Europe, the label's chief executive, Mark Lee, said on Tuesday.
Shares in airline Iberia fell Tuesday after a group led by U.S. private equity firm TPG announced that it was withdrawing its 3.41 billion euros ($5.07 billion) bid for Spain's flagship carrier.
The controlling shareholders of Telecom Italia on Monday designated Franco Bernabe the new chief executive and Gabriele Galateri the new chairman, in a move that should end a period of limbo at Europe's fifth-largest telecommunications company.
European equities were expected to gain ground on Monday, adding to a two-session recovery as investors continue to look for bargains following a selloff in the first three weeks of November.
The strength of the euro, at a record high versus the dollar, is becoming a problem for Europe's exporters, the president of the European Commission said on Thursday.
French President Nicolas Sarkozy will in a forthcoming visit to China call for an "equitable and fair" relationship between four major currencies -- the dollar, euro, yen and yuan, a senior French official said on Thursday.
Temasek, the Singapore state investment agency, has rebuffed an approach from China's three leading banks for its 17 percent stake in UK-based Standard Chartered, a report said on Monday, sending shares in Standard Chartered more than 5 percent higher.
Germany faces the prospect of unlimited rail strikes this week that could inflict serious damage to Europe's largest economy and even hurt neighbouring countries.
European stock indexes closed mixed on Tuesday as the impact of gains in telecoms inspired by a raised outlook from Vodafone, was countered by losses in the energy sector which tracked weaker oil prices.
Origination of European securitisations will probably slow for the full year versus 2006, the first time this has happened since 2000, as credit market turmoil bites, the European Securitisation Forum said on Tuesday.
European shares ended flat on Monday after a three-day losing streak as a bounce-back in financial stocks, which have borne the brunt of the global liquidity crisis, offset a fall in energy shares.
1st pThe European Central Bank is ready to head off inflation risks, policymakers said on Friday, a day after leaving interest rates on hold for the fifth month in a row.
European equities lost ground on Thursday, ending at their lowest close in six weeks as persistent credit fears continued to pull banking stocks lower.
The European Central Bank left rates unchanged as expected on Thursday, with analysts saying the doves in the governing council had the upper hand. The Bank of England also left the rates on hold, with analysts expecting it to ease monetary policy early next year.
European Central Bank policymakers have been relaxed about the euro's steep rise against the dollar -- in public at least -- but its move towards $1.50 is raising the prospect that it might intervene.
The European Central Bank should take into account a range of factors such as the strong euro and high oil prices when setting monetary policy, France's Secretary of State for Europe Jean-Pierre Jouyet said on Wednesday.