CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a European rally led by a drop in euro zone inflation to 0.5% and a rally in financials.» Read More
BEIJING— Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States.
TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the Japan Trust Banks Association- 0615 GMT. LJUBLJANA- Slovenia Finance Minister Uros Cufer speaks at a business conference on the European and Slovenian banking sector- 0700 GMT.
Federal Reserve chairman Ben Bernanke visits India. CANBERRA, Australia- RBA Assistant Governor Guy Debelle speaks to the Economic Society of Australia in Canberra- 0230 GMT. DUBLIN- Irish financial regulator Cyril Roux speaks at conference on' The Future of Prudential Regulation'- 0900 GMT.
CNBC's Ross Westgate reports on all the market moving events from Europe, including news Glencore Xstrata is selling its Peruvian mine.
ABU DHABI, United Arab Emirates— King Juan Carlos of Spain began a visit to the Persian Gulf region on Monday by telling United Arab Emirates officials that deepening ties with their oil-rich country was a top priority, highlighting the role wealthy Arab states could play in shoring up the battered Spanish economy.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the selloff in tech and the chances of QE in the EU.
LONDON, April 11- Europe's top banks shut or sold 5,300 branches last year and the closures are likely to accelerate as customers embrace speedy online banking over traditional face-to-face contact. The figure on closures or sales last year was compiled by Reuters based on year-end statements from 26 of Europe's 30 largest listed banks.
*Plenty of room to grow in France, Spain. OSLO, April 11- High-flying Norwegian media and classifieds firm Schibsted plans to keep expanding and sees a shift to mobile platforms as the advertising sector's next transformation, its chief executive said.
MADRID— Spain's statistics office says prices were 0.1 percent lower in March than the year before, slightly less than the previous estimate of 0.2 percent. The figures released Friday by the National Statistics Institute may ease concerns that the country will suffer a prolonged bout of deflation, or falling prices.
PARIS/ BERLIN, April 11- Japanese casual wear chain Uniqlo opens its first store in Germany on Friday, as it accelerates expansion in Europe in a bid by its parent company Fast Retailing Co Ltd to become the world's top fashion retailer by 2020.. "We have big goals in Europe- we would like to have the same business in Europe as in the U.S."
*Battle for Deoleo turned political this week. MADRID, April 10- The board of Spain's Deoleo, the world's top olive oil bottler, agreed on Thursday to back a takeover bid from British private equity fund CVC Capital Partners.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the decision by the Bank of England to leave interest rates unchanged.
MADRID, April 9- Some of the owners of the world's top olive oil bottler Deoleo are rethinking plans to sell, sources said, after the Spanish government revealed its interest in buying into what it sees as a nationally strategic company. Deoleo said on Wednesday private equity firm CVC had made the highest offer for the company.
A 5-star hotel will be built in a Ferrari theme park along with rides including the highest and fastest vertical accelerator in Europe.
By Laura Noonan and Gianluca Semeraro. LONDON/ MILAN, April 9- The European Central Bank has dismissed the latest appeal by the region's biggest lenders for concessions, including easier deadlines, to make rigorous health checks of their industry less logistically onerous, sources told Reuters.
The European bond market is signaling that the continent's economy is "probably going to be OK," Starwood Capital's Barry Sternlicht tells CNBC.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB's possible move to quantitative easing and a good day for U.K. home builders.
BRASILIA, April 9- Brazil's rate of inflation in March picked up at the quickest pace in 11 years for that month, challenging the central bank's plan to stop raising interest rates soon and complicating President Dilma Rousseff's chances of re-election.
CNBC's Ross Westgate reports on all the market moving events from Europe, as Greece prepares to announce a new long-term bond.
MELILLA, Spain— They perched atop a barbed-wire laced fence for more than seven hours, hands and feet bloodied, buffeted by chill winds whipping the cliffs of Africa's Mediterranean coast.