Foreign ministers meeting in Geneva agreed "initial concrete steps" to de-escalate the situation in Ukraine, they said in a joint statement.» Read More
Ivan Glasenberg, chief executive of Glencore, has launched a provocative defence of high pay for executives, arguing that substantial remuneration is required to secure entrepreneurial leaders, the Financial Times reports.
Simon Godfrey, Head of Investment Specialists, EM Group, BNP Paribas says he expects BRIC markets, which are trading a low P/E ratios compared to historical levels, to rebound in the coming months.
As European leaders grapple with how to preserve their monetary union, Greece is rapidly running out of money, the New York Times reports.
Russia’s parliament has passed a law imposing draconian fines on demonstrators, aimed at curtailing anti-Kremlin protests in a political crackdown following the return of Vladimir Putin as president last month, the Financial Times reports.
A sale by BP of its 50 percent stake in Russian venture TNK-BP now could be a bad move, Liam Halligan, chief economist at Prosperity Capital Management, told CNBC’s “Squawk Box Europe.”
With the Keystone pipeline bollixed up to the south, Canada is looking west — to China and other Asian markets — to sell its abundant oil.
Drew Guff, Siguler Guff managing director, discusses why he sees opportunities in Russia and other emerging markets, with Curtis Arledge, BNY Mellon vice chair.
Brazil continues to see high levels of investment by some of the biggest global players despite suggestions that money is being pulled out of emerging markets as the global macro-economic picture worsens, Slim Feriani, Chief Executive Officer of Advance Emerging Capital Limited told CNBC’s “Squawk Box Europe”.
Russia’s typical out-of-step response to global events – the latest its refusal to condemn the Assad regime in Syria – show its increasing insignificance on the world stage, Nouriel Roubini, chairman of Roubini Global Economics and Ian Bremmer, president of Eurasia Group, argue in an op-ed in the Financial Times
The European bailout of 130 billion euros ($163.4 billion) that was supposed to buy time for Greece is mainly servicing only the interest on the country’s debt — while the Greek economy continues to struggle, the New York Times reports.
Ruchir Sharma, Head of Emerging Markets & Global Macro, Morgan Stanley Investment Management says the stars of emerging markets, Russia and Brazil, will disappoint investors as they are facing serious problems. Instead, Southeast Asia may surprise on the upside.
It seems the rich are country hopping, reports CNBC's Wealth Editor Robert Frank. Rich Russians are moving to London; rich Americans are moving to Singapore. A look at the reasons why.
Whether it’s wealthy French or Americans fleeing the prospect of higher taxes or wealthy Russians and Chinese trying to escape political uncertainty, millionaires and billionaires around the world are migrating like never before, according to government statistics and relocation experts.
The deepening euro zone crisis is threatening the integration of Eastern European nations into the single currency area, the Chief Economist at the European Bank for Reconstruction and Development (EBRD) told CNBC’s “Worldwide Exchange”.
French President, Francois Hollande has cast himself as the European leader pushing hardest to forge a growth-oriented “new path” through the euro zone’s grinding debt crisis, pitting him against the austerity-minded German Chancellor Angela Merkel, the New York Times reports.
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Walking through his high-ceilinged factory here, explaining the production of sheets of copper, M. Brian O’Shaughnessy comes across as a staunch advocate of manufacturing in America.
The following is a list of oil prices needed for the nations to avoid having a budget deficit in 2008 and 2009 (as compiled by the IMF).
A new Russian passenger plane went missing in Indonesia while on a demonstration flight arranged for potential buyers. Fifty people were on board, including diplomats, businesspeople and journalists.
German lawmakers likely will delay a vote on the euro zone's fiscal compact on budget discipline because the country's main opposition party wants to insert growth-focused measures into the pact, a coalition source told CNBC.