Tim Umberger, Senior Advisor at East Capital, names Turkey as one of the countries that will benefit the most from potential stimulus in Europe. He later discusses the outlook for Russia.» Read More
Quick, when I mention Hyundai, what do you think? If it's along the lines of "well made cars for the middle and entry level markets" you are not alone. In fact, this reputation for solid but inexpensive cars has the Korean automaker at a crossroads.
European shares are seen opening little changed on Friday after a four-day winning run, as markets look to the U.S. nonfarm payrolls data to cement expectations for a further cut in interest rates.
The Austria Telekom group said Wednesday it has agreed to acquire a 70% majority stake in Belarusian Mobile Digital Communication, or MDC, for 730 million euros ($1.03 billion).
European shares are seen opening slightly lower on Wednesday after two days of gains prompted by big banks disclosing the extent of the impact of a credit crunch on their results.
Good morning. As we begin the fourth quarter--traditionally the strongest--there are two topics on trading desks: 1) earnings season, and 2) to what extent the U.S. slowdown will spread to the global economy.
Record high coal prices and tight supply are piling the pressure on electricity generators already hit by soaring oil markets and high gas prices, industry players say.
Investment bank Goldman Sachs has slashed its forecasts for economic growth in the United States, Japan and Europe, joining numerous forecasters who are abruptly changing view since the start of a global credit crunch.
Kazakhstan said on Thursday that securing a bigger stake in the huge Kashagan oilfield was not its main goal in a row with the project's Italian-led consortium of Western oil majors.
Austrian oil and gas group OMV upped the ante in its battle to take over Hungary's MOL on Tuesday, telling MOL shareholders it would offer $20 billion if MOL's board agrees to negotiate.
The European Union will press ahead with plans to include aviation in its emissions trading system despite United States' efforts through a U.N. body to discourage it, a spokeswoman for the EU executive said on Friday.
Grace Kelly and Jackie O are the two women Tommy Hilfiger sent down the runway yesterday. The collection of trench coats, silk knit dresses, tuxedo shirts and sport jackets referenced a glamorous 1950s-era wardrobe. Hilfiger said that his goal is to stay all-American in the sensibilities of the clothing but sell that polished American sportswear to a global market.
EU finance ministers gave the European Central Bank a thumbs-up on Friday for its efforts to combat a global credit crunch and said they hoped the damage to economic growth from market turmoil would be limited.
Inflation in the 13 euro nations was 1.7% in August, the European Union's statistical agency said Friday, lowering its earlier estimate of 1.8%.
Brazil, Russia, India and China offered huge opportunities to investors, but it looks like the new hot spots are in Central and Eastern Europe, the Middle East and Africa.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
It's "prove it" time again for Cadillac. If you are into luxury cars, you might be thinking to yourself, 'wait, isn't it prove it time every 5 or 6 years for Cadillac?' Well yes, you are right. This time, while Cadillac is not hurting the way it was back in 2000 and 2001, but it is in need of a boost.
Nasdaq Chief Executive Bob Greifeld said Wednesday that shareholders in Nordic bourse operator OMX would benefit from a linkup with the U.S.-based exchange, enabling the combined company to expand its business with Russian and eastern European companies.
We had a great discussion on "Squawk Box Europe" this morning about clarity of vision -- as in do we now have a good understanding of the depth of this credit event?
Annual inflation in the 13-nation euro zone currency area eased to 1.8 percent in July to stay well within the European Central Bank's target area even though economists expect it to raise interest rates next month.
Nokia said it plans to replace 46 million batteries used in its phones that could overheat for free, but it will continue to negotiate with battery maker Matsushita over who would bear the costs.
A consortium of European banks seeking to buy ABN Amro said on Tuesday it had increased its stake in the Dutch bank to 3.25%.