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  • *Greece misses 1.6 billion euro IMF loan repayment. *Eurogroup head urges Greece to change stance with creditors. *Fitch ratings agency cuts Greece to CC.

  • *Greece misses 1.6 billion euro IMF loan repayment. *Eurogroup head urges Greece to change stance with creditors. *Fitch ratings agency cuts Greece to CC.

  • BERLIN, June 30- Germanwings is offering 25,000 euros compensation payments to close relatives of those killed in the March 24 plane crash for their pain and suffering, it said on Tuesday. Evidence shows co-pilot Andreas Lubitz locked the captain out of the cockpit of Germanwings flight 4 U9525 from Barcelona to Duesseldorf and deliberately steered the plane...

  • BERLIN, June 30- Germanwings is offering 25,000 euros compensation payments to close relatives of those killed in the March 24 plane crash for their pain and suffering, it said on Tuesday. Evidence shows co-pilot Andreas Lubitz locked the captain out of the cockpit of Germanwings flight 4 U9525 from Barcelona to Duesseldorf and deliberately steered the plane...

  • Lufthansa makes Germanwings compensation offer Tuesday, 30 Jun 2015 | 8:53 AM ET

    Lufthansa, which owns Germanwings, is offering 25,000 euros in compensation per victim in all cases that fall under German law, plus payments of 10,000 euros each to immediate relatives. The airline said it also plans to set aside up to 7.8 million euros to support education for children who lost one or both parents, plus a 6 million euro fund that would provide "...

  • Business events scheduled for the coming month Friday, 26 Jun 2015 | 6:27 AM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for June, 10 a.m.; Commerce Department releases construction spending for May, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department releases employment data for June, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage...

  • A look at challenges Uber has faced around the world Thursday, 25 Jun 2015 | 1:48 PM ET

    PARIS— Taxi drivers in France went on strike Thursday, smashing car windows, setting tires on fire and blocking traffic to express their displeasure with American ride-hailing service Uber. A judge in December ordered Uber's temporary suspension in Spain, saying it represents unfair competition. The Madrid commercial court judge said in a preliminary...

  • *Enel does not comment, had said would not cut Endesa stake. MADRID/ LONDON/ MILAN, June 25- Private equity funds CVC and KKR are studying a bid for a "meaningful" stake in Endesa, the Spanish subsidiary of Italy energy group Enel, sources with knowledge of the matter said. Enel declined to comment but sources close to the company said it had no interest in selling part or...

  • European markets close: EU key meeting Wednesday, 24 Jun 2015 | 11:27 AM ET
    European markets close: EU key meeting

    CNBC's Carl Quintanilla reports on all the market moving events in Europe today, including Greek PM Tsipras meeting with creditors.

  • NEW YORK— Ford Motor Co. is recalling more than 200,000 Transit Connect vans and Escape sport-utility vehicles because of instrument panel and seatbelt issues. The recall involves 203,500 2014-2015 Transit Connect and Escape vehicles in North America because the warning chimes and lights might not work on the instrument panel when the vehicles are...

  • Spain says economy growing at fastest rate since 2008 Wednesday, 24 Jun 2015 | 7:34 AM ET

    MADRID— Spanish Economy Minister Luis de Guindos says the economy is growing at the strongest rate since the economic crisis began in 2008.. Spain was hit hard by the global financial crisis and only emerged from a double-dip recession at the end of 2013. The economy is now among the fastest-growing in Europe. The ruling Popular Party hopes the rebound will stem...

  • European markets close: Greeks cross own 'red lines' Tuesday, 23 Jun 2015 | 11:31 AM ET
    European markets close: Greeks cross own 'red lines'

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including action in Greece.

  • MADRID— Authorities in Spain have accused a company there of running a lucrative international operation that illegally captured vast amounts of an Antarctic fish prized in top restaurants. Spain did not name the companies, but New Zealand's Foreign Minister Murray McCully told The Associated Press in an interview they were all linked to Vidal Armadores SA,...

  • Are Greek fears overblown? Possibly: Smead Monday, 22 Jun 2015 | 7:16 PM ET
    Are Greek fears overblown? Possibly: Smead

    Greek stocks didn't hit new lows amid the drama and even if Greece leaves the euro zone, markets have had three years to prepare, says Cole Smead, managing director & portfolio manager of Smead Capital Management.

  • European markets close: Greece offers to raise retirement age

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including action with Italian and euro zone banks.

  • European markets close: Eurogroup will meet again Friday, 19 Jun 2015 | 11:31 AM ET
    European markets close: Eurogroup will meet again

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB increasing Greek bank liquidity.

  • An Airbus statement said new production A400Ms were now cleared for flight provided they undergo checks of their electronic units specified by the manufacturer after the May 9 crash near Seville in southern Spain. It said two aircraft due for delivery at the time of the accident— to France and Britain— will be delivered within days. Four of the five countries...

  • Spain has one of the fastest-growing economies in the European Union. Ireland, a model student in the lessons of austerity, has slashed unemployment nearly in half in the past three years. With the government in Athens rebelling against austerity, some people see Greece as trying to duck out of its commitments and dodge the pain that others went through.

  • DIARY- Top Economic Events to July 2 Thursday, 18 Jun 2015 | 8:01 PM ET

    TOKYO- Bank of Japan Deputy Governor Hiroshi Nakaso to deliver speech at annual meeting of trust associations- 0636 GMT. SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams gives policy speech before the National Bureau of Economic Research East Asian Seminar on Economics- 1540 GMT. PITTSBURGH, United States- Federal Reserve Bank of...

  • Time to worry about Europe's diverging bond yields? Thursday, 18 Jun 2015 | 7:38 PM ET
    Should you worry about Europe's diverging bond yields?

    While Portuguese spreads have widened, they remain at a fraction of the gaps seen in 2010 and 2011, says Adam Posen, president of Peterson Institute for International Economics (PIIE).