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Europe Top News and Analysis

  • Monsanto Saying No to GMO Crop Expansion in Europe Friday, 31 May 2013 | 2:56 PM ET
    Farmer Matt Wiggeim unstraps a delivery of Monsanto DeKalb brand seed corn on a farm in Princeton, Ill.

    Monsanto is not pushing for expansion of genetically modified crops in most of Europe as opposition to its biotech seeds in many countries remains high, company officials said.

  • Bottle of Wine From French Palace Sells for $9,400 Friday, 31 May 2013 | 12:03 PM ET
    A bottle of the finest wine from the cellars of the Elysee Palace, a 1990 Pomerol Chateau Petrus.

    The two-day auction of 1,200 bottles of wine from the Elysee Palace is on pace to surpass its estimate of $300,000, helped by the sale of a 1990 Petrus for $9,400.

  • 12 Jobs Where Women Win on Gender Pay Friday, 31 May 2013 | 11:45 AM ET

    Men usually out-earn women, but the tables are turned in these 12 jobs. Click ahead to see what they are.

  • The Top 1% Now Controls 39% of World's Wealth Friday, 31 May 2013 | 11:30 AM ET

    The wealthiest 1 percent now control 39 percent of the world's wealth, and their share is likely to grow, according to a new report.

  • It's a Bond Sell-Off! No, It's Not! ... GS vs. UBS Friday, 31 May 2013 | 11:25 AM ET

    Two major brokerages are taking opposite sides over whether or not a long awaited sell off in the bond market is here.

  • Cramer: Here Are Two Stocks I Sold Friday, 31 May 2013 | 10:42 AM ET

    Several key areas are dangerous for investors in this economic environment, said Jim Cramer, and his charitable trust sold two key stocks.

  • EU’s Rehn ‘Amazed’ by Hollande’s Criticism Friday, 31 May 2013 | 8:52 AM ET

    European Commission's economic chief, Olli Rehn, said he was "amazed" that France had criticized his team for recommending reforms while proposing more economic coordination for the euro zone.

  • European Banks Set to Cash in on Subprime Sales Friday, 31 May 2013 | 8:23 AM ET

    Europe's banks, which were among the biggest buyers of U.S. mortgage bonds before the financial crisis, are set to cash in on America's housing recovery by selling the once "toxic" assets back to U.S. lenders.

  • OPEC Ministers: Falling Demand Is Our Top Concern Friday, 31 May 2013 | 8:06 AM ET

    It is a slowdown in demand – not a U.S. shale oil revolution – that poses the biggest threat to OPEC, ministers told CNBC on Friday.

  • North Americans may have a reputation for generous tipping, but Germans are actually more likely to tip while on holiday, according to a TripAdvisor survey.

  • Out With the 'Grexit,' and in With the 'Greecovery' Friday, 31 May 2013 | 7:28 AM ET

    Greece's economy is showing the first signs of a recovery, reducing the odds of it exiting the euro zone, according to a new report from analysts at Berenberg Bank.

  • Italy Youth Unemployment Hits Record 40.5% Friday, 31 May 2013 | 6:31 AM ET

    Italy's overall jobless rate and youth unemployment edged up in April to the highest levels on record, data showed on Friday.

  • Goldman: This US Treasury Sell-Off Is for Real Friday, 31 May 2013 | 5:19 AM ET

    Goldman Sachs has warned that a widely predicted bond sell-off is finally happening, while a major U.S. asset manager has warned investors to move out of long-duration bonds to avoid heavy losses.

  • CNBC Anchor: 'I'm the Worst Tipper'  Friday, 31 May 2013 | 5:15 AM ET

    CNBC's Steve Sedgwick, comments on a survey which revealed that Germans are the best tippers in the world, and says he doesn't tip because "it's very hard to expense tips".

  • Demonstrators from the anti-capitalist Blockupy movement will seek to cut off access to the European Central Bank and other financial institutions in Frankfurt on Friday, to protest their handling of Europe's debt crisis.

  • Billions Stolen From Sochi Winter Olympics: Report Friday, 31 May 2013 | 3:05 AM ET
    Russian President Vladimir Putin

    Russian businessmen and officials close to President Vladimir Putin have stolen up to $30 billion from funds intended for preparations for next year's Sochi Winter Olympics, according to a report released on Thursday by opposition leaders.

  • Business Group Warns on Sterling Debasement Friday, 31 May 2013 | 2:45 AM ET

    As the Bank of England prepares for the tenure of new governor Mark Carney, one industry lobbyist has warned that another debasement for sterling will lead to dangerous inflation.

  • UBS Lifts Banker Pay to Entice Staff to Stay Friday, 31 May 2013 | 2:32 AM ET

    UBS is set to raise pay for investment bankers by an average 9 percent to entice staff into staying by lifting salaries to market rates.

  • Will Fracking Make the Middle East Irrelevant? Friday, 31 May 2013 | 1:56 AM ET
    Oil workers on a hydrofracking site.

    America's shift toward self-sufficiency in energy will weaken its strategic interest in the Middle East, North Africa and the Persian Gulf, the globalpost reports.

  • God’s New Banker Tries to Clean Up Vatican Friday, 31 May 2013 | 1:24 AM ET
    The Vatican

    The new head of the Vatican bank will need plenty of prayer and strength to rescue its scandal-torn reputation.

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    CNBC Meets' Tania Bryer speaks to niece of former U.S. President George W. Bush, and founder of social business FEED, Lauren Bush Lauren.

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