CNBC's Simon Hobbs breaks down the performance of European stocks in the month of August, including an outperform for the German bond market.» Read More
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including those stocks hit hardest by Russia and major Europe indices have entered correction territory.
VALENCIA, Venezuela, Aug 8- Though it is the middle of the work day, the Jeep assembly plant in the central Venezuelan city of Valencia is empty, the machinery still. "They are asking to fire 119 workers," union leader Henry Ospina, who represents employees of Chrysler, which makes Jeeps, told Reuters in Valencia.
LONDON, Aug 8- European dairy firms halted production of cheese and butter destined for Russia and Norwegian salmon prices fell, as a wide array of small fresh food producers felt the first impact from Moscow's tit for tat ban on their goods.
*Russia plans to ban food imports from U.S., Europe. LONDON, Aug 7- German Bund yields dropped to a record low on Thursday as the European Central Bank warned that the Ukrainian crisis and tit-for-tat sanctions with Russia may threaten Europe's already fragile economic recovery.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, after ECB President Mario Draghi's press conference.
*Liberia declares 90- day state of emergency. FREETOWN/ MONROVIA, Aug 7- The army blockaded rural areas hit by the deadly Ebola virus in Sierra Leone on Thursday, a senior officer said, after neighbouring Liberia declared a state of emergency to tackle the worst outbreak of the disease, which has killed 932 people.
MADRID, Aug 7- The first European infected by a strain of Ebola that has killed more than 932 people in West Africa, Spanish priest Miguel Pajares, was stable in a Madrid hospital on Thursday after being airlifted from Liberia, health authorities said.
*Russia plans to ban some food imports from U.S., Europe. Russia's state news agency said on Wednesday that Moscow will ban all imports of food from the United States and all fruit and vegetables from Europe.
The problem is particularly acute in Italy, where the economy shrank again in the second quarter and where Prime Minister Matteo Renzi has led calls for greater flexibility in European budget rules to allow it to spend more.
*Operation "White Shield" begins in north Liberia. MONROVIA/ DAKAR, Aug 6- Health workers in West Africa appealed on Wednesday for urgent help in controlling the world's worst Ebola outbreak as the death toll climbed to 932 and Liberia shut a hospital where several staff were infected, including a Spanish priest.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a bounce for the German DAX from correction territory and a recession in Italy.
*Operation "White Shield" begins in north Liberia. MONROVIA, Aug 6- Liberia shut a major hospital in the capital Monrovia on Wednesday after a Spanish priest and six other staff contracted Ebola, as the death toll from the worst outbreak of the disease hit 932 in West Africa.
FRANKFURT/ MADRID, Aug 5- Bidders are readying indicative offers for the Spanish assets of Germany's top utility E.ON, three sources familiar with the matter told Reuters, adding bids would value the whole portfolio at about 2 billion euros.
CNBC's Kayla Tausche reports on all the market moving events in Europe today, including BMW reporting a rise in Q2 operating profit.
PARIS, Aug 5- European shares gained ground on Tuesday in a tentative rebound following last week's sharp sell-off, supported by forecast-beating results from blue-chips including Deutsche Post. M&A fever also helped, with Vivendi surging 3.9 percent after Telefonica unveiled a 6.7 billion euro offer for the French firm's Brazilian business GVT.
*Telefonica offers up Telcom Italia stake to Vivendi. PARIS/ MADRID, Aug 5- Spain's Telefonica has made a 6.7 billion euro bid to France's Vivendi for its Brazilian broadband unit GVT, seeking to strengthen its position in a market that accounts for one-fifth of revenue. Telefonica also offered Vivendi the chance to acquire its 8.3 percent stake in Telecom Italia.
CNBC's Michelle Caruso-Cabrera reports on all the market moving events in Europe today, including the bailout of Banco Espirito Santo and the impact of Russian sanctions on the German economy.
BOSTON, Aug 4- Cybersecurity researcher Ruben Santamarta says he has figured out how to hack the satellite communications equipment on passenger jets through their WiFi and inflight entertainment systems- a claim that, if confirmed, could prompt a review of aircraft security.
PARIS, Aug 1- European stocks sank in huge volumes on Friday for the third straight session, with a broad index hitting a 3-1/ 2 month low, hurt by concerns over losses at Banco Espirito Santo as well as tension between Russia and the West.
CNBC's Michelle Caruso-Cabrera reports on all the market moving events in Europe today, including the poor performance of Banco Espirito Santo, and Germany's DAX breaks below a 200 day moving average.