Jan Mládek, the Czech Republic's minister of trade and industry, tells CNBC he has "mixed feelings" about the West's imposition of sanctions on Russia, as his country would like to continue economic relations with its larger neighbor.» Read More
A cash shortage among private-equity firms will slow down overall merger and acquisition activity even more this year, but investors looking for action should keep an eye on consolidation and strategic deals.
This Czech Republic-based television giant might as well be the Red Army when it comes to how well it blankets Eastern Europe.
The European Central Bank's mission to fight inflation prevents it from worrying about economic weakness. But an abrupt slowdown could anger politicians and endanger the central bank's very mandate.
The weak dollar is the main factor keeping prices at high levels, not the supply of oil, and that situation is likely to continue, current OPEC president Chakib Khelil, who is also Algerian Oil Minister, said on Tuesday.
The European Union on Monday opened the way for air travelers to use mobile phones to talk, text or send e-mails on planes throughout Europe's airspace.
We've interviewed a dozen property investors at this year's MIPIM and I can't help wondering if we're really getting the full story.
The latest sovereign wealth fund move underlines hemes at this year's MIPIM: where do the value opportunities lie a year after the credit crunch started to take hold, and who will emerge as the new dominant players?
Turkey looks set to be a good investment in the year ahead, as stocks have fallen heavily over the past few months, offering good buying opportunities, while the fundamentals look stronger than previously thought, analysts said on Tuesday.
One is cruising. The other is sputtering. One has lived up to its fabled name. The other is a shell of what it once represented. So why is the one that is struggling getting more attention than the one riding high? Because Rolls-Royce and Jaguar are in different places and facing different questions with their new models.
The 28,000 delegates can now start to discuss the real issue of the day. Who will throw the most fabulous party? And more importantly: how the devil are they making enough money to pay for it?
We all expected the credit crunch to cast a shadow across the start of this year's MIPIM real-estate conference starting in Cannes tomorrow. But a literal storm was the immediate problem.
Here's something that should make you realize what crazy times we are living in: 9-year auto loans are popping up around the country. That's right, it wasn't a typo. Nine years! 108 months! Almost a third of the time used to pay off a conventional mortgage!
The foreign exchange maneuver known as the carry trade looks set to continue unwinding, with bearish investors scared of risks. But buying opportunities might emerge from the trend, analysts told CNBC on Wednesday.
You might have seen the headlines. You might have seen curious press pics and television news clips with German top managers, such a Klaus Zuminkel, the (since pushed into resigning) CEO of Deutsche Post, led in handcuffs from their homes, a battalion of tax investigators bearing boxes of documents trailing triumphantly.
Gas giant Gazprom, whose chairman Dmitry Medvedev was elected Russian president on Monday, said it will halve gas supplies to Ukraine from Tuesday because a debt dispute between them has not been resolved.
Russia's gas monopoly Gazprom reduced supplies to Ukraine by a quarter on Monday, just hours after its chairman and Kremlin candidate Dmitry Medvedev won Russia's presidential election.
The European Union told Serbia on Friday to protect foreign embassies after an attack on the U.S. embassy that killed one person, and suggested violence could harm its prospects of closer ties with the bloc.
Serb rioters broke into the U.S. Embassy and set fire to an office after a massive protest against Kosovo's independence that drew an estimated 150,000 people.
The impact of the turmoil in the international financial markets on Romania is likely to be limited, as the country enjoys robust economic growth and private lending is still at low levels, Economy and Finance Minister Varujan Vosganian told CNBC.com on Thursday.
The European Business Summit takes place each year in Brussels and this year the event is focusing on green issues.