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  • Report: Spain seeks revamp of EU financial powers Wednesday, 27 May 2015 | 9:41 AM ET

    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...

  • 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.

  • 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...

  • Spanish and Greek concerns peg back European shares Tuesday, 26 May 2015 | 6:45 AM ET

    *Ryanair's 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 6.3 percent after posting higher profits.

  • LONDON, May 26- European shares fell on Tuesday, the first day of the trading week for several markets after a long holiday, with a local-election battering for Spain's government and Greece's ongoing debt drama offsetting bumper airline results. Although Monday's poor local election result for the Madrid government had already hit Spanish stocks on Monday,...

  • DIARY- Top Economic Events to June 5 Monday, 25 May 2015 | 9:09 PM ET

    TAIPEI- Former Federal Reserve chairman Ben Bernanke speaks on Asian economies- 0830 GMT. TEL AVIV, Israel- Federal Reserve Vice Chair Stanley Fischer speaks on "The Federal Reserve and the Global Economy" before a conference in honor of Professor Haim Ben-Shahar- 1630 GMT. PARIS- ECB Governing Council Member Christian Noyer gives an annual press conference in...

  • Threats to 6 international flights cause scare Monday, 25 May 2015 | 12:13 PM ET

    NEW YORK— Anonymous telephone threats against commercial airliners on Monday, possibly from the same source, caused a scare involving at least six international flights at airports in New York, New Jersey and Massachusetts. In one instance Monday morning, U.S. military jets escorted an Air France flight into New York City after someone claimed a chemical...

  • BARCELONA, Spain— Leading Spanish social activist Ada Colau said Monday the fight against evictions, poverty and corruption will be her priority as new mayor of the country's second city, Barcelona. Backed by the new far-left We Can party that has shaken up Spanish politics, Colau beat the candidate of the Catalonia region's long-dominant conservative...

  • *Volumes thin with London, Frankfurt and New York closed. LONDON, May 25- European equities fell on Monday, with the Spanish and Greek stock markets hit by investors' concerns over Greece's debt problems and a poor local election result for the Madrid government. Athens' main index equity index fell 1.2 percent after Greece's interior minister said on Sunday the...

  • Regional elections: Huge shake-up for Spain   Monday, 25 May 2015 | 4:30 AM ET
    Regional elections: Huge shake-up for Spain

    Spain's ruling people's party has received 'a bruising' in local elections, with a rise in support for anti-austerity parties. CNBC's Julia Chatterley discusses.

  • Spanish elections: 'Era of political fragmentation'

    Antonio Barroso, senior vice-president at Teneo Intelligence, says there will be a future of political uncertainty in Spain after upcoming parties Ciudadanos and Podemos made gains in local elections.

  • DIARY- Top Economic Events to June 4 Friday, 22 May 2015 | 8:01 PM ET

    SINTRA, Portugal- European Central Bank board member Vitor Constancio chairs session 2 on "Structural Perspectives on European Employment, Productivity, and Growth in a Global Context" at an ECB forum on Central Banking "Inflation and Unemployment in Europe"- 0800 GMT. SINTRA, Portugal- Federal Reserve Vice Chair Stanley Fischer participates in a panel...

  • What you need to know about Spain's elections   Friday, 22 May 2015 | 11:50 AM ET
    What you need to know about Spain's elections

    Vincenzo Scarpetta, political analyst at Open Europe, discusses what you need to know about this weekend's Spanish regional elections.

  • European markets close: Vodafone up over 8%   Friday, 22 May 2015 | 11:30 AM ET
    European markets close: Vodafone up over 8%

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including why shares of Vodafone are higher.

  • And that means pretty soon you'll have your very own mini Times Square at the bar, right on the bottle. "Everyone likes to see their name in lights," says Brandon Laidlaw, president and chief operating officer of Pleasanton, California- based Medea vodka, which recently introduced a liquor bottle equipped with an LED message band that can be programmed to scroll any...

  • The new arms race in the South China Sea Thursday, 21 May 2015 | 1:19 PM ET
    An Indonesian naval vessel.

    Defense spending among nations in the South China Sea region is rising, but most of it isn't going to the United States.