CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB's buying of covered bonds and SAP reports a disappointing earnings outlook.» Read More
DALLAS, Oct 7- Prominent civil rights activist Reverend Jesse Jackson on Tuesday met the family of the man infected with Ebola and fighting for his life at a Dallas hospital, as health officials keep close tabs on those who came in contact with the patient. Jackson also met with Dallas Mayor Mike Rawlings and is scheduled to meet religious leaders.
NEW YORK, Oct 7- Global stock markets fell and oil prices slipped to near 27- month lows on Tuesday after a second day of weak data out of Germany, the euro zone's largest economy. Wall Street stocks fell ahead of this week's start of third-quarter earnings season, with the surging dollar's effect on corporate bottom lines a key topic for conference calls.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a sharp fall for German industrial production and European travel stocks decline on Ebola concerns.
LONDON, Oct 7- A second day of grim German data and expectations for a cut in the International Monetary Fund's growth forecasts spooked European assets on Tuesday, as the recent spell of global financial market volatility continued. "Industrial production is currently going through a weak phase," Germany's Economy Ministry said in a statement.
*Spain selling 5- year inflation-linked bond via syndication. LONDON, Oct 7- Spanish bond yields nudged up on Tuesday as Madrid launched an inflation-linked bond whose appeal to investors lay more in the potentially higher return than in the inflation-proofing. Orders were nearly 9 billion euros, a lead manager on the sale told IFR, a Thomson Reuters service.
"Industrial production is currently going through a weak phase... but the current decline is exacerbated by holiday effects," Germany's Economy Ministry said in a statement. Asian shares had made minor gains overnight but the weak data saw European bourses jolt lower, led by a 0.7 percent drop on Germany's Dax which has now lost 7.5 percent in the last three weeks.
Ilan Brat, reporter at The Wall Street Journal, says that Spanish authorities are trying to find how many people the nurse who contracted the Ebola virus has been in contact with.
NEW YORK- World Business Forum in New York. Treasury Secretary Jack Lew talks about the global economy and the recent G20 finance ministers meeting in a discussion sponsored by the Peterson Institute- 1245 GMT. ALBUQUERQUE- Federal Reserve Bank of Kansas City President Esther George speaks on the U.S. economy before an economic forum hosted by the Federal...
WASHINGTON/ DALLAS, Oct 6- President Barack Obama said on Monday that the government would develop expanded screening of airline passengers for Ebola, both in the West African countries hit by the disease and the United States. Authorities in the United States and the public are on alert following Duncan's diagnosis just over a week ago, raising concerns that...
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a hit to German factory orders and Disney will aid Euro Disney with a $1.3 billion funding deal.
*Iberdrola wants to make acquisition in the U.S. MADRID/ FRANKFURT, Oct 6- Spanish power firm Iberdrola has hired JPMorgan Chase& Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market, three sources with knowledge of the matter said. Iberdrola's earnings suffered in Europe's...
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including strong euro zone retail sales and the strong U.S. dollar continues hit the euro and British pound hard.
CNBC's Bob Pisani reports ECB President Mario Draghi's comments on rates drove down trading in Europe.
CNBC's Simon Hobbs reports the European market is really falling following the decline in oil and news the ECB will stand pat interest rates.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the latest euro zone manufacturing data and international airlines drop on Ebola fears.
*Cash-strapped Spain reluctant to take on bulk of loans. MADRID, Oct 1- Foreign banks are dragging out a 2.3 billion euro rescue plan for bankrupt Spanish motorways, seeking better terms to recoup more of the money they lent the nine toll road companies, three sources said.
*Nexans, Sainsbury drop after warning on sales outlook. LONDON/ PARIS, Oct 1- European shares edged lower on Wednesday, following mixed data on manufacturing and sales warnings from J Sainsbury and Nexans that fuelled worries over European corporate results.
*France postpones deficit reduction by a further two years. PARIS, Oct 1- France laid down the gauntlet to EU partners on Wednesday with a 2015 budget setting out how it would bring its borrowing back to within EU limits two years later than promised, a retreat it blamed on a fragile economy.
*Nexans, Sainsbury drop after warning on sales outlook. PARIS, Oct 1- European shares dipped on Wednesday following mixed manufacturing data and as sales warnings from J Sainsbury and Nexans fueled worries over the outlook for European corporate results.
*Mood swing from austerity seen helping France's case. PARIS, Sept 30- From Athens to Madrid and Dublin to Rome, France can count on a sympathetic hearing in several European capitals in its campaign for leniency over the latest broken promise to bring its public finances into shape.