European shares opened flat on Friday as investors await key speeches by central bank heads with the anticipation that monetary policy will remain supportive in the near term.» Read More
Passenger traffic moving through European airports increased by 3.8% in April compared to last year, officials said Thursday.
Shares of France's Atos Origin recovered from an early decline of 1.1% Wednesday, as the company named executive board member Philippe Germond to succeed Bernard Bourigeaud as the new chief executive officer.
The EU executive suggested stepping up budget rules Wednesday, saying it wanted national parliaments to be more involved in watching public spending as part of a wider effort to keep EU economies' debt and deficits within agreed limits.
Shares in GlaxoSmithKline fell 0.4% as the British pharmaceutical giant came under fire for allegedly misleading its shareholders about safety concerns facing its diabetes drug Avandia.
U.S. employers are still taking a wait-and-see approach to adding jobs, according to a Manpower survey released Tuesday.
German insurer Allianz is looking at ways to defend its position in financial services, including the option of merging with a bank, sources familiar with the situation told Reuters.
Workers at Deutsche Telekom entered the second month of a strike on Monday over plans to trim wages and extend hours, even as their union said it was mulling a return to the negotiating table.
Car hire firm Avis Europe said it was investigating possible financial irregularities at its Portuguese subsidiary, which could knock around 8% off of group annual profits.
Jason Trennert, chief investment strategist for Strategas Research Partners, told CNBC’s “Squawk on the Street” that he believes the market will move higher despite the recent downdraft.
The Group of Eight wealthy-nation summit in Germany is ending Friday. Now, the question arises: Is the G8 still able to confront global issues or has it become outdated? Ian Vasquez, director of the CATO Institute’s Center for Global Liberty & Prosperity, and P.J. Crowley, senior fellow and director of homeland security at the Center for American Progress, presented differing views on “Morning Call.”
Shares in Russian-owned Norilsk Nickel were being quoted over the counter at $201, above their April peak, as the world's largest nickel and palladium miner said its 2006 net profit more than doubled due to record prices in the metals.
European stock markets look set to carry over negative sentiment from the previous week, as fears over rising borrowing costs erode confidence in the recent equity bull run, but investors are over reacting to the selloff in bonds, according to Stephen Pope, Head of Equity Research at Cantor Fitzgerald Europe.
Bank of America has accused a Dutch court of unlawful action by blocking its $21 billion purchase of ABN Amro's U.S. unit LaSalle Bank in an appeal filing, the Financial Times reported on Friday.
Are you thinking what I’m thinking? There are plenty of worried-looking people wandering around in trading rooms this morning.
This meeting of the world's richest nations may be the most challenging one for the U.S. in years, given the growing power of Russia and China.
Russian President Vladimir Putin proposed to US President George W Bush setting up a joint missile radar base in Azerbaijan to overcome a crisis between the two countries.
A global solution is needed to tackle climate change and the inclusion of the United States in any agreement is vital, European Commission President José Manuel Barroso president, told CNBC Europe.
The European Central Bank raised its core interest rate to 4% from 3.75% Wednesday, as widely expected, but ECB President Jean-Claude Trichet refrained from using the now-familiar phrase "extreme vigilance" to signal further rate hikes.
Italy's Enel, which is poised to take over Spain's biggest utility, will expand its presence in Russia after it beat rivals to buy a one-quarter stake in the Russian wholesale generation company OAO OGK-5 for about $1.52 billion.
The French government's plan to exempt workers and businesses from taxes on overtime pay to stimulate the economy will cost 2.5 billion euros to 3 billion euros ($3.38 billion to $4.06 billion), Prime Minister Francois Fillon said Wednesday.