CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Germany Merck's deal to buy Sigma-Aldrich, and why mining stocks across Europe are down.» Read More
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a really bad session for Greece and the French prime minister faces a parliamentary vote of confidence.
*Brussels will review any state capital injections. DUBLIN/ FRANKFURT, Sept 16- For the first time since its financial crisis struck in 2008, Europe is carrying out stress tests that could force change at banks with strong political connections.
MADRID— France's Orange has offered 3.4 billion euros to buy the operations of Spanish telecommunications company Jazztel. Jazztel PLC says in a statement to Spanish securities regulators that Orange SA offered 13 euros in cash for each Jazztel share.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a down day for oil stocks and Air France has cancelled over half its flights because of a pilot strike.
MADRID— Isidoro Alvarez, the head of Spain's El Corte Ingles department store chain who turned the company into an international business with an annual turnover of around 14 billion euros, has died.
*Spain, others, fearful of separatist precedent, could veto Scots. *Realpolitik, negotiation with Spain, London may well be decisive. BRUSSELS, Sept 14- If Scots vote for independence, it will be in part because they believe assurances that their small Atlantic peninsula can quit the United Kingdom without ever leaving the secure embrace of the European Union.
Germany's DAX, down 0.4 percent, underperformed the market after the United States and the European Union tightened sanctions on Russia over its intervention in Ukraine. Germany imports a significant amount of gas from Russia and sold it about 36 billion euros of goods last year, almost a third of the EU's total.
*Spanish yields record biggest weekly rise since mid-2013. *S&P upgrades Greece to B from B-. LONDON, Sept 12- Spanish bond yields recorded their biggest weekly rise in more than a year on Friday as expectations of a U.S. interest rate hike exacerbated weakness triggered by concerns that Scotland's independence referendum was emboldening Catalan separatists.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a euro zone meeting in Italy and the "too close to call" Scottish referendum vote.
*Aveva tumbles after warning about currency impact. LONDON, Sept 12- European equities edged lower in late trading on Friday, with investors refraining from making strong bets on stocks ahead of Scotland's referendum and the U.S. At 1416 GMT, the FTSEurofirst 300 index of top European shares was down 0.1 percent at 1,382.66 points.
*Aveva tumbles after warning about currency impact. LONDON, Sept 12- European equities edged higher on Friday, although major share indexes remained in a tight range as investors refrained from making strong bets on stocks ahead of Scotland's referendum and the U.S.
LONDON, Sept 12- Spanish bond yields edged up for a fifth straight day on Friday, on track for their biggest weekly rise since mid-2013 on investor nervousness that Catalan separatists could gain momentum from Scotland's independence bid.
*FTSEurofirst 300 up 0.1 pct, Euro STOXX 50 up 0.1 pct. *Aveva tumbles after warning about currency impact. PARIS, Sept 12- European shares inched higher early on Friday but remained in a tight range, as investors refrained from taking strong bets on stocks ahead of Scotland's referendum and the U.S.
WASHINGTON— Labor Department releases the Producer Price Index for August, 8:30 a.m.; Federal Reserve policymakers begin a two-day meeting to set interest rates.
PARIS, Sept 11- Britain's international partners are aghast, mostly in silence, at the possibility that one of the leading Western powers could break up and turn in on itself if Scotland votes next week for independence from London.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including EU diplomats are ready to activate Russian sanctions and a new poll indicates the Scots will reject independence.
LONDON, Sept 11- Spanish bond yields inched up on Thursday as nervous investors continued to trim holdings before a Scottish independence vote on Sept. 18, where a victory for nationalists would fuel demands by Catalonia to break away from Spain.
PARIS, Sept 11- Britain's international partners are aghast, mostly in silence, at the possibility one of the leading Western powers could break up and turn in on itself if Scotland votes for independence from London.
BARCELONA, Spain— Hundreds of thousands of Catalans energized by Scotland's upcoming independence referendum protested Thursday for a secession vote aimed at carving out a new Mediterranean nation in what is now northeastern Spain.
Antonio Barroso, senior vice president at Teneo Intelligence, says that the Spanish central government would be quick to react against a decree for a Catalan independence referendum.