A day before Apple CEO Tim Cook heads to Washington, the Senate released a report that showed Apple used an unusual global tax structure to pay little or no taxes.» Read More
When Greg Lippman, the Deutsche Bank who helped birth credit default swaps on mortgage-backed securities, was asked who was selling hedge fund investors insurance on lousy subprime loans, he answered concisely: Dusseldorf.
High Street retailers are dealing with the same pressures as their US counterparts and more.
European stocks were indicated to open slightly higher on Wednesday, following positive but muted trade in Asia.
The euro has been trading as if there is no such thing as a sovereign debt crisis, and that decoupling is overdone, this strategist says.
"A player on a sports team might prefer a particular strategy, but it's the coach's opinion that matters the most," said DRW Holdings market strategist Lou Brien, in a research note.
Austerity is - to put it bluntly - not going very well for a number of euro zone countries forced to impose measures on their economies and voters.
European stocks were indicated to open slightly lower on Tuesday, following lackluster trade in both Asia and the U.S.
The ECB is this week expected to lift rates by 25 basis points in a bid to reign in inflation despite ongoing fears over the financial health of Portugal, Ireland and Greece.
European shares were set to dip on Monday, consolidating after hitting three-week highs in the previous session, with weak copper prices likely to put pressure on heavyweight mining stocks.
It is all but certain that the ECB will raise rates this week. It has been itching to do so for some time. Now that the moment has arrived, what will the move actually mean for the euro zone and the global economy?
Recapitalizing Irish banks would be bad if done with government money, because it would affect the country's ability to fund itself even further, Nouriel Roubini, Chairman of Roubini Global Economics, told CNBC on Friday.
European stocks were indicated to open higher on Friday, the first day of the second quarter, with investors eagerly awaiting the U.S. non-farm payroll numbers for March.
Euro traders are ... shrugging.... at the news that Irish banks need $34 billion to withstand future market shocks.
A check on European markets and which country might be the next to fall, with Edward Harrison, Credit Writedowns founder.
The Irish are planning to restructure the banks, reports CNBC's Steve Sedgwick from Dublin, Ireland.
The stress tests, due to be published later Thursday, are expected to show the country's banks need more liquidity support than first believed, but even so, some analysts say they will still be insufficient.
The publication of new stress tests for Ireland’s banks Thursday will once again throw the troubled country into the spotlight, but the results could cause unrest in Europe’s southern periphery as well, as investors fret over which banks there will need additional capital.
The Bank of Spain has ordered the four savings banks or cajas that had been poised jointly to form the new Banco Base to provide details “immediately” of their plans following the collapse of the merger on Wednesday evening, the Financial Times reports.
European stocks were indicated to open flat on Thursday after ending the previous day at a three-week high, with investors watching for the results of Irish bank stress tests, due to be released later in the day.
Stocks target highs with jobs on the horizon, Irish banks quake in their boots, GNC faces the market—and what's happening in Omaha? Here's what we're watching …