Netflix is betting on international expansion to keep its numbers up. The next stop is Europe, but it could be more difficult than expected.» Read More
Companies face a scramble to hire talented executives with Chinese experience to join their boards as the focus of UK business shifts increasingly towards the east, the FT reports.
"For the Swiss franc to look like an attractive funding currency again when it is in competition with so many other currencies at the moment we would need to see....direct intervention on the part of the Swiss National Bank," Adam Cole, head of currency strategy, RBC. He added that he did not expect much in the way of dovish comments from Fed chairman Ben Bernanke when he speaks on Friday.
Despite the widespread gloom, the consensus is that Britain will not re-enter a recession, Norma Cohen writes in the FT.
UK households saw their finances deteriorate faster than during the height of the recession in 2009 in August, a survey showed on Monday, in a sign that the economic recovery remains fragile in the country as prices rise and incomes fall.
"The second quarter figures we are expecting from Credit Agricole should not bring any kind of surprise, because it has already made a profit warning in late July. The funding issue is not peculiar to Credit Agricole, but there is a real issue in general with funding for French banks," Christophe Nijdam, banking analyst at Alphavalue, told CNBC's Investing Edge.
Executives from Hewlett Packard will meet UK Business Secretary Vince Cable next week to discuss the 7.1 billion pounds ($11.7 billion) takeover of Autonomy, one of the UK's biggest software companies.
Traders in the City of London, one of the financial districts of the UK capital, see a market environment where trust has all but evaporated and the best course of action is often to do absolutely nothing.
Investors are looking for any safe haven in a storm — it's time for your FX Fix.
Banking regulators should consider temporarily lowering capital requirements in an effort to boost the feeble supply of credit to the economy, according to a top official at the Bank of England, the FT reports.
The Metropolitan Police arrested another suspect as part of their investigations into phone hacking at the now closed News of the World newspaper, London's Metropolitan police said on Thursday.
The euro zone is stressing and central bankers are talking - it's time for your FX Fix.
"The fact that it was a nine nil vote was not a surprise¿¿. but the fact that it came before the market turbulence was and it raises the possibility of further quantitative easing (QE)," James Ashley, senior economist at RBC Capital Markets told CNBC. But he added that the economic environment was different to that of 2009 and suggested that more QE remained "unlikely."
Singapore dollars get snapped up and European officials underwhelm - it's time for your FX Fix.
'Dim Sum' bonds – yuan-denominated instruments issued through Hong Kong – are set to become a major market as investors look for alternatives to Western issuance and exposure to China, according to one investment manager.
German growth disappoints, British inflation rolls on, and Sarkozy and Merkel are set to meet - time for your FX Fix.
The UK's Financial Services Authority yesterday issued the largest ever fine to an individual for market abuse and other offenses, imposing a penalty of 2 million pounds ($3.3 million) on Dutch hedge fund manager Michiel Visser.
"We have rallied over the past three days, but volume has really started declining. This isn't really a good sign for people who are very bullish, and think the market will continue going up," Steven Mayne, director at Mayne Financial, told CNBC.
Did a misunderstanding over a fictional series of articles in Le Monde contribute to a mysterious sell-off in French bank stocks last week? The New York Times investigates.
After the turbulence of the summer, there has been plenty of speculation about whether Western economies may suffer a double dip into recession after recovering from the downturn of 2008-09.
Asking prices for residential property in England and Wales showed their first year-on-year fall since September 2009, property marketing company Rightmove said on Monday.