CNBC's Helia Ebrahimi discusses the latest from the Conservative Party Conference from policy to jokes at the expense of Prime Minister David Cameron.» Read More
Worries of the european debt crisis was back in the news on Monday as Euro shares dropped sharply ahead of debt auctions this week.
Less than a month after bailing out Ireland, and after a holiday lull in the markets that may have looked mistakenly like calming, the European Union is again struggling to persuade investors that it has the cash and the will to address the root cause of its travails. The New York Times reports.
Prime Minister David Cameron has pledged to prioritize jobs and economic growth in 2011, but his New Year's message warns of tough times ahead with harsh budget cuts needed to tackle Britain's massive deficit.
On Saturday, Estonia completes its trip from Soviet republic to full-fledged member of the euro zone, reports the New York Times.
With much of Europe mired in a debt crisis and hamstrung by austerity budgets, one would think that European Union leaders are busy examining their economic models, looking for ways to promote growth amid tougher global competition. The New York Times reports.
The euro once meant flush banks and easy credit, but these days it has laid bare a cold reality: Portugal shares the high wages and prices of richer northern European neighbors, but not their competitiveness, reports the New York Times.
Angry British students, some as young as 13, have taken to the streets recently, protesting against the government's decision to hike university fees in a bid to narrow the country's bulging budget deficit.
The British government signaled Wednesday that it could offer direct financial assistance to Ireland, even though Britain is outside the euro zone, as prospects grew for an international rescue package to avert another European debt crisis. The NYT reports.
When interest rates soared last week on Irish government bonds, it served as a warning to other indebted nations of how difficult it could be to roll back decades of public sector largess. The New York Times reports.
Google violated Britain's data protection laws when its Street View mapping service recorded data from private wireless networks, the country's information commissioner said Wednesday.
Covered bonds, a financing tool that has been popular in Europe since the 18th century, are winning converts here as a new way to finance residential and commercial mortgages, reports the New York Times.
The London Stock Exchange was scrambling to establish how a human error in possibly “suspicious circumstances” had knocked out one of its dealing platforms on Tuesday as the exchange conceded it would now have to delay switching over to a new trading system until next year, reports the Financial Times.
Several transportation experts say that full screening of all air cargo would cause the system of express air delivery to grind to a halt, reports The New York Times
When buying a boat, there is but one fundamental principle to follow, according to those who already have some cash moored somewhere nice: enjoy it.
How does the spending review of the UK’s coalition government look now, more than a week after its launch? The FT's Martin Wolf reports.
Some EU countries face the prospect of missing the budget deficit targets forced upon them this year by impatient bond investors, as tax revenue missed projections. The New York Times reports.
House prices are falling at the fastest rate in a year and a half, according to a closely watched index, suggesting that weakness in the housing market is gathering momentum. The FT reports.
Arguably the most famous car in the world has sold to an American car enthusiast for £2.6 million ($4.1 million) after being put on the market for the first time ever.
It’s arguably the most famous car in the world and it’s coming out of the showroom and onto the market for the first time ever.
So we've had the cuts, now it's time for the growth. That's the message at Monday's annual CBI conference - and it's the right one.