Western Europe
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Switzerland is set to bow to years of pressure from the EU by overhauling the system of tax privileges that has helped entice thousands of multinational firms to the country.
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Scandinavian airline SAS said on Thursday it was cancelling all flights by its Swedish unit on Friday due to a threatened strike by cabin crew.
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Cell phone users in the European Union could enjoy cheaper rates for calls made and received abroad as early as August, after EU lawmakers endorsed a deal Wednesday to cap mobile phone roaming fees in the 27-nation bloc.
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Twin strikes stranded thousands of Alitalia passengers on Tuesday, as the Italian government said it was willing to quit the state-controlled airline by selling its entire 49.9% stake.
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Royal Philips Electronics is in talks to sell its 33% stake in flat panel display maker LG.Philips LCD, which may bring in $5 billion (3.7 billion euros).
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Vivendi's Universal Music won conditional approval from the European Commission on Tuesday to buy BMG Music Publishing for 1.63 billion euros ($2.19 billion), making it the world's largest music publisher.
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The boards of Banca Popolare di Milano and Banca Popolare dell'Emilia Romagna have approved a 5.45 billion euro deal that will create Italy's sixth-largest bank in the continuing consolidation of Italy's banking sector.
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Royal Bank of Scotland is in talks with Bank of America over a deal on LaSalle, the U.S. unit of ABN Amro at the heart of the battle for control of the Dutch bank, the Wall Street Journal reported.
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I have just spent a very productive three days in Berlin working on another program. It is part of the long running series on energy, which we produce in conjunction with Shell. The topics were energy security, the prospects for a Russian led gas OPEC and how the world deals with the politics of nuclear energy. This is a particularly thorny issue for the Germans who intend to phase out the generation of electricity via nuclear means by 2020.
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High-yield bond investor focus is often on emerging markets. But on “Street Signs,” Pioneer Investments’ Andy Feltus, portfolio manager of the $2 billion Pioneer Global High Yield Fund, told CNBC’s Erin Burnett that there is more value in the U.S.
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EU negotiators agreed Tuesday to cap mobile phone roaming charges in an effort to cut costs for travelers using their phones abroad _ although it remained to be seen whether customers would benefit from the new tariffs this European summer holiday season.
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Bradley Rubin, an auto trading specialist at BNP Paribas, told CNBC’s “Morning Call” that he’s surprised the United Auto Workers Union supports Cerberus Capital Management’s deal for Chrysler.
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European markets have "huge opportunities," says Jason Holzer. He's the senior portfolio manager of Vanguard's AIM European Small Company A fund. Rated five stars by Morningstar, AIM has had annualized returns of some 38% since 2002. Holzer joined "Squawk on the Street" to talk about the "very strong" European economies -- and how his fund plays them.
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Dutch food retailer Ahold reported a slight dip in first-quarter group sales on Friday, in line with market expectations, but analysts said underlying sales growth boded well for a recovery.
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A group of European banks are in secret talks to set up a pan-European debit card to challenge MasterCard and Visa Europe in cross-border business, a document obtained by Reuters said on Friday.
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InBev, the world's largest beer producer, beat expectations with an 18% rise in first-quarter core profit on growth in Latin America, but its shares fell as investors eyed its relatively high valuation.
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The euro is rising, unemployment is falling and the economy of the 13 EU nations that use the common currency is keeping pace with last year -- in contrast to the U.S., where growth is slowing and the dollar keeps falling.
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ABSTRACT HERE
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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.
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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.
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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.