CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Spain falling back into negative territory and a fall for the euro to a 9 month low.» Read More
*BBVA Q2 profit falls 39 pct year on year. *BBVA shares up, Popular flat. MADRID, July 30- Spain's BBVA posted a lower-than-expected drop in second-quarter lending revenue on Wednesday, helped by resilience in its biggest markets Mexico and improvements in other overseas markets such as Turkey.
MADRID— Spain's economy grew by a better-than-expected 0.6 percent in the second quarter compared with the previous three months, the fastest rate since 2007 and more evidence of the country's recovery from recession.
HONG KONG, July 30- China's institutional investment in property overseas rose 17 percent in the first six months of this year, with residential investment surging 84 percent, real estate services firm Jones Lang LaSalle said on Wednesday. San Francisco and Chicago followed with $548 million and $365 million, respectively.
LONDON, July 29- Weak consumer spending and intense competition among retailers are forcing some makers of packaged goods to lower their prices, intensifying the threat of euro zone deflation.
Don't look now, but European bond investors are sending yields to lows unseen in at least 200 years.
Marcus Ashworth, head of fixed income at Espirito Santo Investment Bank, discusses European peripheral bonds, after the Spanish 10-year yield fell below 2.5 percent for the first time ever.
Spanish lender Bankia announced a near-doubling of quarterly net profit on Monday. CFO Leopoldo Alvear joins CNBC to discuss.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including U.K. GDP growing at an annualized rate of 3.1 percent and LVMH's earnings miss in Asia.
PARIS— French soldiers recovered a black box from the Air Algerie wreckage site in a desolate region of restive northern Mali on Friday, officials said.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including gains for European banks and a sales miss for Unilever.
ALGIERS, Algeria— An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali during a rainstorm, officials said.
MADRID— Spanish energy company Repsol says its second quarter net profit nearly doubled following capital gains it made from extricating itself from Argentina's YPF, which was nationalized in 2012.. Repsol S.A. said Thursday that profit for April through June was 520 million euros, up 95 percent from 267 million euros in the same period in 2013..
MADRID— Official figures show that Spain's unemployment rate edged down to 24.5 percent in the second quarter from 25.9 percent in the previous three-month period, a further sign that the economy's recovery is gaining traction and making solid inroads into the labor market.
CALGARY/ VANCOUVER, July 23- Talisman Energy Inc shares rose more than 12 percent on Wednesday as it confirmed it has been approached by Spain's Repsol SA about potential deals, raising the prospect that one of Canada's largest independent oil companies will sell off major assets or be taken over.
CALGARY, Alberta, July 23- Talisman Energy Inc said on Wednesday it has been approached by Repsol, a day after a report that the Spanish oil producer was considering a bid for Canada's No. 5 oil company.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a rally for Portuguese banks and Daimler earnings beat forecasts.
MADRID— The Bank of Spain says the country's economy continues to show signs of recovery, growing by 0.5 percent in the second quarter compared with the previous three months. If the April-June growth figures are confirmed by the National Statistics Institute's official report later this month, the economy will have grown over four consecutive quarters.
*Fresh clashes in Tripoli and Benghazi. BENGHAZI, Libya, July 22- A twin suicide bombing at a Libyan army base in Benghazi killed at least four solders in an escalation of clashes between Islamist militants and regular forces battling to oust them from the eastern city. Suicide bombings are rare in Libya, where a fragile government is struggling to impose order.
CNBC's Simon Hobbs reports Europe breaks its three day losing streak led by building and property stocks.
*Fresh clashes in Tripoli and Benghazi. The El-Feel oilfield last week was forced to cut back due to events in Tripoli, where two rival brigades of militias have fought over control of the airport.