The wildly popular "Game of Thrones" TV series could also help re-establish Croatia's reputation as a location for film making.» Read More
UBS will separate its investment bank from its prized wealth management arm, paving the way to sell the business that made it Europe's biggest casualty of the credit crunch.
Russian President Dmitry Medvedev ordered a halt to military operations in Georgia on Tuesday, after five days of fighting and just before French President Nicolas Sarkozy was to hold peace talks in Moscow.
The Russian rouble and share indexes rebounded on Monday from a severe drop earlier in the day, boosted by President Dmitry Medvedev's statement the military conflict with Georgia might be nearing its end.
The developed markets are likely to continue to underperform, while the commodity and emerging market indices will generate better returns.
More and more U.S. investors are moving money across the pond, looking for opportunities within the European Union which makes up 25 percent of the total global stock market capitalization of around $55 trillion.
Shifting focus to fast-growing Eastern Europe and shedding jobs in the mature Western European markets will ensure that the continent's second-largest bank meets its ambitious growth targets, UniCredit CEO Alessandro Profumo told "Squawk Box Europe" on Wednesday.
Romanian growth play Banca Transilvania, headquartered in the Transylvanian city of Cluj, is among those recommended by Erste Bank analysts.
This much is clear: European nation states are focusing on different ways of securing energy supplies for the long-term through a mix of politics and innovation.
Countries that have joined the European Union over the past few years have been touted as younger and more dynamic than their Western peers. The credit crunch has sifted the solid convergence plays from the very risky ones.
So what now for both teams? United have done the double and repeated the feats of their team in 1999. Their challenge will be motivating themselves to do it all again. For Chelsea they end the season without a trophy for the first time in three seasons. Motivation next season should not be an issue.
Red square may be surrounded by the Russian military,but inside things are very calm. Manchester United and Chelsea fans look relaxed ahead of the biggest game in English football history.
- Notes from an ECB groupie's travelog -
Up to 60 percent of Europeans may bank online by 2020, a level already reached by Sweden and Denmark today, Deutsche Bank said in a report on Tuesday.
When Rene Obermann took over Deutsche Telekom at the end of 2006 he was tasked with the firm's struggling domestic operations. But his non-domestic challenges have been—and continue to be—plentiful.
Private equity firms are hiring more staff in emerging markets to keep up with faster growth opportunities in Asia and Eastern Europe.
Ten billionaires failed to make Forbes magazine's annual list of the 100 richest Russians that is led by those who built their fortunes on the country's metals resources.
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.