Louis Gargour, CEO and CIO of LNG Capital, advises being long on risk and explains why the trading premium on peripheral SMEs is justified.» Read More
European shares were set to rise on Wednesday, after US President Barack Obama stressed a need to lower corporate tax rates.
Chief executives, government leaders and academics around the world are headed to Davos, Switzerland, for the World Economic Forum’s annual meeting this week — a heady power gathering that mixes business, politics and Champagne in the Swiss Alps.
At least for this year, the euro zone will remain united and no country is likely to default, analysts told CNBC.com. But debt restructuring is on the horizon for later.
European shares are set to rise for a third straight session on Tuesday, mirroring gains in Asia and on Wall Street.
European shares are set to edge higher on Monday, tracking Friday's gains on Wall Street.
Day by day, investors in Europe tell me their confidence is growing that the Union is moving decisively towards fixing its problems.
Hidden among an otherwise sea of red due to China fears, some markets rallied: Athens' ASE up 2.6 percent, Portugal's PS120 up 1.1 percent and Spain's IBEX spacer up 0.76 percent. More importantly, there's a growing bid under peripheral European debt.
European stock index futures pointed to a lower open on Thursday, with stocks poised to extend the previous session's sell-off.
Expanding the EFSF is not the right solution, said Andreas Treichl, the CEO of Erste Bank, the Austrian-based bank focused on lending in Eastern Europe. Treichl added that one way or another, Germany will ultimately end up picking up the bill.
European shares were set to edge up on Wednesday, tracking gains on Wall Street and in Asia, on robust earnings overnight from U.S. technology firms.
Support was rising Monday for plans to increase the lending power of the rescue fund for the debt-laden euro zone countries. The New York Times reports.
European stocks were seen slightly rising on Tuesday, inching higher for a second day in a row, with global miner Rio Tinto in focus after posting record iron ore output.
Overheating emerging markets, in China in particular, pose the biggest threat to the market and political situation in 2011 according to Philippe Gijsels, head of research at BNP Paribas Fortis Global Markets.
Jean-Claude Trichet’s hawkish comments on inflationary pressures and the resultant jump in the euro following Thursday’s European Central Bank's press conference talk has turned attention back to central bank exit strategies, an economist said Friday.
European stocks were set to dip Friday, tracking losses on Wall Street and in Tokyo, with heavyweight resource-related shares feeling the pinch of lower commodity prices.
The "Fast Money" traders reveal a second derivative trade off of a European recovery.
The Illinois House of Representatives passed a bill that raises the state income tax from a maximum rate of 3% to 5%. They also raised the corporate income tax...As painful as they are, we are in the position of having no choice and yet, these tax increases will not raise the expected amounts.
Spain's banking sector does not need more government support and the country will not need a bailout from the European Union, finance minister Elena Salgado told CNBC Thursday.
European shares were seen mixed on Thursday, as investors take a breather after a brisk two-day rally, bracing for further debt auctions in the euro zone as well as interest rate decisions.
U.S. economic reports should dominate early trading Thursday, unless the European debt crisis bubbles up again.