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  • MADRID— An investigation into an ex-minister and former International Monetary Fund chief over alleged fraud and money laundering is damaging Spain's ruling Popular Party, which faces a general election late this year, the prime minister said Saturday. Speaking at a hastily convened, unscheduled press conference in eastern Murcia, Mariano Rajoy...

  • LONDON, April 17- Italy is likely to increase the average life of its debt this year for the first time since 2010 as European Central Bank bond purchases push yield-hungry investors towards riskier long-term debt. In a long-awaited turnaround of a trend that began during the euro zone debt crisis-- when Italy could only sell short-dated bonds-- the average...

  • ISTANBUL— Turkish Airlines' CEO says that pilots may not be as prone to destructive behavior like that of the Germanwings pilot believed to have intentionally crashed a flight last month— if only they get married. At an event Thursday, Temel Kotil told new Turkish Airlines pilots that the March 24 crash in the French Alps showed that piloting is critical.

  • MADRID— Tax agents spent a second day Friday searching the office of former International Monetary Fund chief Rodrigo Rato after he was briefly detained as part of a probe into alleged fraud and money laundering. Rato was Spain's economy minister and a deputy prime minister under conservative ex-Prime Minister Jose Maria Aznar between 1996 and 2004. He...

  • The revived momentum for Chinese automakers adds to pressure on General Motors Co., Volkswagen AG and other global brands that see China's crowded market as their future at a time when sales growth is slow in the United States and stalled in Europe. Producers including Nissan Motor Co., VW and Mercedes Benz see the market as so important they increasingly are...

  • China auto brands enjoying rebound driven by new models Thursday, 16 Apr 2015 | 9:36 PM ET

    The revived momentum for Chinese automakers adds to pressure on General Motors Co., Volkswagen AG and other global brands that see China's crowded market as their future at a time when sales growth is slow in the United States and stalled in Europe. Producers including Nissan Motor Co., VW and Mercedes Benz see the market as so important they increasingly are...

  • Correction: Europe-Tourism Boost story Thursday, 16 Apr 2015 | 6:37 PM ET

    LISBON, Portugal— In a story April 15 about effect of the weakening euro on tourism in Europe, The Associated Press reported erroneously that 10 million Americans visited Paris last year, and that officials hoped the figure would rise 10 percent to 11 million this year. Weak euro adds to Europe's vacation lure for tourists from United States, China— and locals.

  • MADRID— Former International Monetary Fund chief Rodrigo Rato was brought away by police Thursday night after tax officials spent hours searching his apartment in one of Madrid's wealthiest neighborhoods. Madrid's regional court said in a statement that a judge granted a request from tax authorities to enter and search Rato's house as part of a legal case...

  • MADRID— Greenpeace on Thursday criticized Spain's government for towing a burning Russian fishing boat full of fuel out to sea after it caught fire in a Canary Islands port, saying the fuel oil in the ship that ended up sinking poses an environmental threat. The group demanded that Spain make plans to extract about 1,400 metric tons of thick fuel oil from the...

  • *China's March exports fell 15 pct, Q1 GDP growth slowing. GUANGZHOU, China, April 16- More than half of China's exporters expect a trade slowdown to last at least six months as production costs climb and European demand weakens, according to a Reuters survey at the country's biggest trade fair. The fair is taking place just after economic data showed China's...

  • BERLIN— The head of Germany's air traffic control agency says the crash of a Germanwings jet in France last month raises the question of whether technology should be put in place allowing authorities on the ground to take control of a plane and remotely land it. Investigators believe the plane's co-pilot deliberately crashed it during a flight from Barcelona...

  • 4 ways a surging dollar rattles world economies, markets Wednesday, 15 Apr 2015 | 11:28 AM ET

    WASHINGTON— The U.S. dollar hasn't been on a roll like this since Ronald Reagan sat in the White House and "Raiders of the Lost Ark" ruled the box office. Delta Air Lines said Wednesday that the strong dollar is hurting ticket sales in some foreign markets and announced plans to pull back international service, primarily in Japan, Brazil, India, Africa and the Middle...

  • European markets close: Draghi speaks   Wednesday, 15 Apr 2015 | 11:20 AM ET
    European markets close: Draghi speaks

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the European Central Bank meeting, where Draghi denied a bubble in the European sovereign debt market.

  • Workers clear 80 percent of debris from Germanwings crash Wednesday, 15 Apr 2015 | 9:11 AM ET

    PARIS— Lufthansa says that cleanup workers have removed 80 percent of the debris from the site of a plane crash last month in the Alps that killed 150 people. Lufthansa representative Carsten Hernig said Wednesday that cleanup teams had cleared 35 tons of waste as of Tuesday. Prosecutors believe that the co-pilot of Flight 9525 intentionally crashed the...

  • LISBON, Portugal— Vacations in Europe have a new attraction: the euro's steep drop in value is making the continent much cheaper for tourists from across the world, especially the United States and China. That means the ingredients are in place for "a great year for tourism" in Europe, says Nick Greenfield, head of tour operator relations at the London- based European...

  • China headed for even slower growth?   Wednesday, 15 Apr 2015 | 6:06 AM ET
    China headed for even slower growth?

    CNBC's Eunice Yoon reports on China's slowest GDP growth in 6 years.

  • European markets close: Critical phase for Greece   Tuesday, 14 Apr 2015 | 11:28 AM ET
    European markets close: Critical phase for Greece

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Greek bond yields and Tullow oil.

  • DUBAI, United Arab Emirates— Washington Post correspondent Jason Rezaian has had an "unacceptable lack of access to legal counsel" while jailed for nearly nine months in Iran and still has not had a substantive discussion with his lawyer, the newspaper's executive editor said Tuesday. The Post's executive editor, Martin Baron, said in a statement that Rezaian...

  • The U.N. Office for the Coordination of Humanitarian Affairs said estimates show that over 121,000 people had been displaced inside Yemen since a Saudi-led coalition airstrike campaign targeting Shiite rebels began on March 26, with nearly half that number concentrated in the country's northwest. A combined force of Shiite rebels and security forces...

  • European markets close: Nokia M&A talk   Monday, 13 Apr 2015 | 11:27 AM ET
    European markets close: Nokia M&A talk

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the gains for Nokia and Alcatal-Lucent on a possible deal.