European shares closed higher on Thursday after an announcement from the European Central Bank on how it will make key decisions in the future.» Read More
Sampo said investors would have to wait until next year to hear what the group plans to do with the 5.1 billion euros ($6.9 billion) of excess capital it has following the sale of its banking operation to Danske Bank.
Tuesday after the bell, I reported Disney earnings. I started my report by saying the company "hit it out of the park" on earnings, beating the street by six cents. I then said revenues missed a bit, while still growing.
EU finance ministers meet Tuesday for talks that where they are expected to agree to keep an eye on hedge funds but set no new rules at this stage for the high-risk, high-return investments.
I'm in Paris, once more, for the second round of the French elections. The biting wind at our camera position is in stark contrast to the temperate warmth two weeks ago. The flirting with a new direction is over. France has her new President and Mr. Sarkozy appears to mean business.
"Spider-Man 3" is breaking records, and it hasn't even opened in the U.S. yet; it premiered in Tokyo in April, and opened in 16 Asian and European countries on Tuesday, bringing in $29 million dollars on its first day alone.Throughout Asia, the film opened bigger than the first and second films in the series; in some countries, it out-grossed the combined opening day of Spidey 1 and 2. And in some countries, the movie broke records for the biggest single-grossing day ever.
European stocks are once again expected to outperform U.S. ones and may even post gains superior to many of the hottest emerging markets.
Unemployment in Germany continued to decline, with the rate reaching 9.5% in April with fewer people out of work as companies sought to fill vacancies amid an economic turnaround.
The European Union said Tuesday that it has asked to participate in World Trade Organization talks over Chinese copyright and trademark policy initiated last month by the administration of U.S. President George W. Bush.
Shares of Liberty International rose 2.07% on the FTSE 100 on Tuesday after the company reported an increase in underlying profit before tax from £28 million ($56 million) to £36 million ($72 million) and a 4% increase for the quarter in net asset value per share -- another way of valuing property trust shares by subtracting liabilities from assets -- to 1,376 pence ($27.52).
An investor in ABN Amro has filed a class action suit against the bank in an effort to scrap an $88 billion takeover by Barclays and the sale of U.S. unit LaSalle, saying directors failed in their duties.
Global stock markets are forging ahead with the Dow Industrials claiming the 13,000 level but as February's sudden sell-off reminded investors, things can change in a hurry. In this special report, CNBC World's Worldwide Exchange program teams up with CNBC.com for a global stocks outlook.
ABN Amro Holding has been called to a hearing at the Enterprise Chamber of the Amsterdam Court of Appeal tomorrow in a case brought by the Dutch shareholders' association VEB, which is demanding an investigation into the policy making process at the bank, which is the Netherlands' largest.
When the owners of football teams want the best performance, they hire the best managers. When the team is failing the manager gets sacked.
He’s now the most wanted man in Paris: François Bayrou, 55, leader of the UDF center-right political party, and “third man” of the French election. He hasn’t qualified for the second round, but will play a decisive role in giving -- or not -- his support to one of the remaining candidates. Ségolène Royal (left) and Nicolas Sarkozy (right) are both eyeing at Bayou’s 6.7 million voters with a great interest, but obviously, it’s more crucial for one of them.
The news out of Tokyo that Toyota eclipsed General Motors in 1Q sales is likely to elicit the usual round of "Detroit is dying" stories in the media. However, this news is not a surprise and does not mean Detroit is dead. Are the Big Three struggling to find their way domestically and globally? You bet.
Randy Baseler, marketing vice president for Boeing Commercial Airplanes, told CNBC’s “Squawk Box” that worldwide response to the company’s new 787 Dreamliner is “far beyond our expectations.”
At last week's Shanghai Auto Show, the GM CEO got an up-close view of the latest trend in the auto business -- cheap cars for developing markets. Oh make no mistake; this is not a trend that Wagoner is just stumbling upon. He's known about it for some time, and in some ways, General Motors is testing out the idea of selling "mini" cars -- with presumably a rather low price point. We'll talk more about that in a bit.
Financial analysts cheered Sunday's presidential elections in France, which will result in a runoff vote on May 6 between right-wing candidate Nicolas Sarkozy and socialist rival Segolene Royal.
French presidential candidates Nicolas Sarkozy and Segolene Royal went back to the campaign trail on Monday as they battled for votes from the undecided centre ground that will be key to their May 6 runoff.
There are few cities that match the beauty of Paris in the Spring. My trip here to cover the first round of the Presidential election has reminded me again of its seductive powers. Even better that one of the highest voter turnouts in French history has been accompanied by glorious sunshine.