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  • MADRID— The judge overseeing the case of Spain's indicted Princess Cristina has rejected requests by her lawyer and a prosecutor to reduce the 2.7 million-euro bail he set for her while she awaits trial for tax fraud. Investigative Magistrate Jose Castro announced he would not lower the bail in a decision made public Tuesday. Cristina, the 49- year-old sister...

  • MADRID— Spanish Prime Minister Mariano Rajoy is trumpeting news of a big drop in the number of unemployed citizens as a reason for voters to support his party in general elections he must call by the end of the year. But Rajoy did it Tuesday to pitch his Popular Party as the political force that should run Spain for the next four years. His party came in first in...

  • LONDON, June 1- Europe's top oil and gas companies urged governments around the world to introduce a pricing system for carbon emissions, as governments meet in Bonn, Germany, on Monday to work on a U.N. deal to fight climate change. Criticized for not doing enough to tackle climate change, the chief executives of BG Group, BP, Eni, Royal Dutch Shell, Statoil and France's...

  • AMSTERDAM/ PARIS/ DUBLIN, June 1- Across the euro zone, bank compliance officers dream about saying "No" to their new regulator in Frankfurt. The European Central Bank is living up to its promise of being an intrusive and hands-on banking supervisor with a constant demand for data, including minutes of board meetings and regular on-site visits.

  • Airbus: Too early to determine cause of A400M crash Friday, 29 May 2015 | 4:34 PM ET

    PARIS— Airbus says it's too early to tell the causes of a deadly crash of an A400M military plane, after one of its top executives reportedly said flight recorder data pointed to a problem in final assembly. German newspaper Handelsblatt on Friday quoted Airbus strategy chief Marwan Lahoud as saying that there were no structural defects in the plane "but we have a...

  • Chicago May 29- Bristol-Myers Squibb Co's drug, Opdivo, improved survival for patients with the most common form of lung cancer, nearly doubling survival for those with high levels of a specific protein in their tumors compared with chemotherapy, according to clinical trial results presented on Friday. The Bristol drug was approved by U.S. regulators in...

  • DIARY- Top Economic Events to June 11 Thursday, 28 May 2015 | 8:01 PM ET

    SOFIA- European Central Bank board member Yves Mersch speaks at the Bulgarian Authorities 2015 IMF/World Bank Constituency Meetings- 1100 GMT. BARCELONA, Spain- European Central Bank board member Vitor Constancio speaks at the XXXI Reunion Circulo de Economia- 0730 GMT. HARTFORD, United States- Federal Reserve Bank of Boston President Eric Rosengren speaks...

  • European markets close: G7 Greek warning   Thursday, 28 May 2015 | 11:28 AM ET
    European markets close: G7 Greek warning

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the G7 finance ministers meeting.

  • MEXICO CITY, May 27- Mexico's Communications and Transport Ministry has said it will ask the Public Administration Ministry to audit its contracts with builder OHL Mexico, which has become embroiled in a corruption scandal. Recordings were leaked online this month of individuals, alleged to be OHL Mexico officials, discussing overcharging for a public works...

  • UPDATE 2-Airbus wins board spat with Spain, to renew CEO Wednesday, 27 May 2015 | 2:56 PM ET

    AMSTERDAM, May 27- Airbus Group faced down a revolt by government shareholders over a board appointment and invited its chief executive to stay on until 2019 as Europe's largest aerospace company consolidated a recent push for political independence. France and Germany own 11 percent each of Airbus Group and Spain controls 4.1 percent.

  • Spanish air controllers call partial strikes in June Wednesday, 27 May 2015 | 10:26 AM ET

    MADRID— Spanish air traffic controllers have called partial strikes over four days in June as the summer holiday season kicks off, triggering memories of the traffic chaos they caused in 2010.. Spain placed the country's airspace under military management in December 2010 after controllers staged a 24- hour wildcat strike over work conditions that closed...

  • MADRID— A leading Spanish newspaper says the government is calling for an overhaul of the European Union's common economic policy and for the European Central Bank to play a greater role in avoiding future crises. El Pais newspaper said Wednesday that Spain has sent European institutions an eight-page document urging greater labor mobility, increased...

  • AMSTERDAM, May 27- Airbus Group ended the suspense over the future of its chief executive on Wednesday, saying its board had asked German-born Tom Enders to serve for at least one more term after his mandate expires in 2016.. Airbus Group, whose shareholders include the Spanish, French and German governments, was due to ask shareholders to approve the appointment...

  • Airbus faces tensions over Spanish board appointment Wednesday, 27 May 2015 | 3:16 AM ET

    AMSTERDAM, May 27- Airbus Group faces a tussle with the Spanish government over the choice of a new board member at its annual shareholder meeting on Wednesday, in a new test of efforts by Europe's largest aerospace company to assert political independence. Airbus Group, whose shareholders include the Spanish, French and German governments, will ask...

  • Why Spain's election results may hit its banking sector

    Víctor Echevarría, market and macro analyst for AFI, describes the policies of Spanish parties Podemos and Ciudadanos and what impact they may have on investors.

  • DIARY- Top Economic Events to June 9 Wednesday, 27 May 2015 | 12:01 AM ET

    Treasury Secretary Jack Lew will participate in a moderated conversation at the London School of Economics and Political Science- 0945 GMT. LONDON- Bank of England's Sarah Breeden: CSFI Roundtable on Bank of England's Procyclicality Working Group SEOUL- Former Federal Reserve Chairman Ben Bernanke to attend a financial forum hosted by Dong-A Ilbo and...

  • European shares stumble on Spanish and Greek worries Tuesday, 26 May 2015 | 12:28 PM ET

    *Ryanair shares rise after airline's profits surge. LONDON, May 26- European stock markets stumbled on Tuesday as Greece's debt problems and a battering for Spain's government in local elections offset a rise in airline shares. Irish airline Ryanair surged 5.4 percent after posting higher profits.

  • European markets close: Not a good environment   Tuesday, 26 May 2015 | 11:27 AM ET
    European markets close: Not a good environment

    CNBC's Simon Hobbs reports on all the market movers in Europe today, including Monte Paschi and Ryanair.

  • Ford expands presence in Morocco Tuesday, 26 May 2015 | 9:15 AM ET

    "Ford sees Morocco has a country that has skilled labor and extremely good infrastructure," said Ford Middle East and North Africa director Kalyana Sivaganam. In addition to car parts, Morocco makes more than 200,000 automobiles a year, mainly from a Renault plant in Tangiers built in 2013.. Most cars are exported and made up more than 20 percent of all exports in...

  • MADRID— Spain's Constitutional Court has struck down a decree by a regional government that tried to protect people in economic difficulty by allowing empty houses owned by banks to be temporarily confiscated for use as homes. The country's top court ruled Tuesday in favor of an appeal by Spain's conservative government, which argued that the southern...