Europe Top News and Analysis
featured
France has a special responsibility as a euro zone heavyweight to take deficit cuts seriously, even though its budget deficit is above target, Bundesbank chief Jens Weidmann said in an interview published Sunday.
» Read MoreMore
-
U.S. retailer Best Buy is selling its 50 percent stake in a joint venture with Europe's biggest independent mobile phone retailer Carphone Warehouse Group back to its European partner for about 500 million pounds (or $775 million).
-
Increasingly, people on the financially stricken island of Cyprus are focusing their anger on the European Central Bank, the NYT reports.
-
The Independence Party may have won the most votes, but the Progressive Party in Iceland is the real winner of the election.
-
With Spain in the doldrums, many Spaniards are coming to the Americas, where economic indicators point admirably upward, the GlobalPost reports.
-
Italy must focus on reviving its economy and it will lobby its European partners to obtain more growth-oriented policies at the EU level, new Prime Minister Enrico Letta said in his maiden speech to parliament on Monday.
-
Italy's new Prime Minister Enrico Letta won his first vote of confidence in parliament on Monday after promising to press for a change to the European Union's focus on austerity.
-
Mining group Rio Tinto plans to almost halve the size of its London head office, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year.
-
The troubled European car market is now dragging down even Volkswagen, the region's leading automaker. The New York Times reports.
-
Shoot me now: Austerity is bad for your health. Really. Is it any wonder that growth stimulus is back on the table in Europe?
-
There's a crisis in Italy: It's too hot in the pizzeria and the Italians have gotten out, leaving a shortage of 6,000 "pizzaiuoli," according to the Italian business group FIPE.
-
Novartis plied physicians with dinners, speaker fees, fishing trips and outings at Hooters restaurants to get them to prescribe patients more Novartis drugs, the US government alleges. Globalpost reports.
-
Talk of a rate cut usually sends a currency lower. No wonder analysts are puzzled that the euro is holding firm amid speculation that the European Central Bank will lower interest rates when it meets on Thursday.
-
Germany's Bayer has agreed to buy U.S. contraceptive devices maker Conceptus for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider.
-
AB InBev, the world's largest brewer, cut its outlook for full-year growth in its second-biggest market, Brazil, after first-quarter earnings fell short of expectations.
-
Confidence in the euro zone's economy fell for a second straight month in April and by more than expected, data showed on Monday, strengthening the case for a cut in interest rates this week. Likely of most concern, the pessimism has set in even in Germany, Europe's biggest economy.
-
BP profits outperformed expectations by almost $1 billion in the first quarter of 2013 thanks in part to the high margin nature of new production that came on stream at the end of 2012 and a strong performance from its trading division.
-
Investors are staying away from commodities, fearing that the worst is yet to come after prices plunged on signs of slower world economic growth.
-
The $650 million agreement would also settle the fund's claims of about $2.8 billion against the bankrupt company.
-
Now that Fabrizio Saccomanni has "made it" to head the economy ministry, markets may expect him to be the ECB's new man in Rome.
-
China's reform mantra sounds like a German-style plan that looks to combine growth with discipline, says this economist.
Editor's Picks
-
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
-
The chief executive of the world's largest container shipping company Moeller-Maersk told CNBC that the company would not order any new ships this year.
-
.80x60.jpg?v=1366815023 "Samsung Beats Google to Profits: Report")
Samsung has become the "undisputed king" of the Android smartphone industry, creating more profit from the software than Google, according to research.
CNBC Meets
-
London's Mayor accused the former government of leaving young people without the skills to challenge migrants.
-
London's mayor Boris Johnson's views on low taxes and free markets have drawn parallels with Margaret Thatcher.
-
Following an uncomfortable 15 minutes with Eddie Mair, London Mayor Boris Johnson also has an in-depth interview with CNBC's Tania Bryer next month.