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Europe Top News and Analysis

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  • Why Rich Western Investors Are Returning Home Thursday, 23 May 2013 | 1:29 AM ET

    The world's biggest investors are seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite.

  • US Core Market Still Under Pressure: SABMiller CEO  Thursday, 23 May 2013 | 2:00 AM ET

    Alan Clarke, CEO of SABMiller, comments on full-year earnings and says that most markets are growing except the U.S. core market which remains under pressure.

  • Fed Mulls Tapering as Soon as June: Minutes Wednesday, 22 May 2013 | 2:00 PM ET
    Federal Reserve Building, Washington, D.C.

    'A number of participants' on the FOMC this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer.

  • Need to Ship Your Yacht? There's a Boat for That Wednesday, 22 May 2013 | 2:04 PM ET

    A growing number of companies are offering "yacht shipping" services, where yachts are loaded and carried on giant cargo ships to distant locations.

  • Why Millionaire Investors Are Holding On to Cash Wednesday, 22 May 2013 | 10:35 AM ET

    Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.

  • Rallies End Sometime, but This One May Not End Soon Wednesday, 22 May 2013 | 7:34 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Market rallies have to end sometime for sure, but history suggests the current one, despite its seemingly bloated nature, doesn't have to end soon.

  • Bernanke: Too Soon to Taper Bond Buys Wednesday, 22 May 2013 | 10:01 AM ET
    Federal Reserve Board Chairman Ben Bernanke testifies during a hearing before the Joint Economic Committee May 22, 2013 on Capitol Hill in Washington, DC.

    Fed Chair Ben Bernanke told Congress the U.S. job market remains weak, and it is too soon to end its stimulus. Stocks spiked on his comments.

  • Riots in Sweden: Nordic Welfare Myth? Wednesday, 22 May 2013 | 10:04 AM ET

    News that the Swedish capital of Stockholm has been hit by three nights of rioting similar to the public disorder seen in Paris and London in recent years has come as a surprise.

  • Two Global Companies Just Moved for Tax Reasons Wednesday, 22 May 2013 | 5:41 AM ET

    Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden.

  • Cyprus 'Risks Worse Recession Than Expected' Wednesday, 22 May 2013 | 11:56 AM ET
    A shop displays a closing down sign in Nicosia, Cyprus.

    Cyprus faces substantial risks to its economic outlook and its recession could be deeper than forecast, the country's central bank governor said in a prepared speech on Wednesday.

  • Tax Evasion Dangerous for Europe: Schulz Wednesday, 22 May 2013 | 4:27 AM ET

    Martin Schulz, president of the European parliament, has warned that revelations of tax evasion by major companies were leading to a loss of trust among the European public.

  • Sex or Smartphone? Women Prefer the Gadgets Wednesday, 22 May 2013 | 10:36 AM ET

    More women in the U.S. would rather give up sex than their mobile device for a week, according to a recent survey.

  • Sterling Slides on Data, IMF Warns UK Over Growth Wednesday, 22 May 2013 | 6:38 AM ET
    Pound coin

    Sterling tumbled following minutes released by the Bank of England and disappointing retail sales, as the IMF warned the U.K. is at risk of "permanent damage" if its growth remains persistently slow.

  • Eurovision Votes Cause Diplomatic Spat Wednesday, 22 May 2013 | 10:09 AM ET

    Tension has been rising between Russia and neighboring Azerbaijan over an alleged vote-rigging scandal whose reverberations are being felt across Europe.

  • SAP Puts Faith in Autistic Specialists Wednesday, 22 May 2013 | 7:40 AM ET
    SAP Headquaters in Walldorf, Germany

    German business software company SAP will start to employ people with autism as software testers, programmers and data quality assurance specialists.

  • This Bonus Cap May Put Pressure on US Banks Wednesday, 22 May 2013 | 5:10 AM ET

    As EU regulators mull introducing the world's strictest bonus cap, the president of the European parliament told CNBC that the plan could put pressure on the U.S. to follow suit.

  • Millions of Italians Stuck in Poverty: Report Wednesday, 22 May 2013 | 9:10 AM ET

    Millions of Italians are too poor to heat their homes, eat adequately or go on holiday, Italy reported on Wednesday.

  • Europe Needs Big Reforms: Bank of Canada's Carney Wednesday, 22 May 2013 | 1:46 AM ET
    Canadian Central Bank Governor Mark Carney

    Europe could face a decade of stagnation unless it makes big reforms and should heed the lessons of Japan, Bank of Canada Governor Mark Carney said on Tuesday as he highlighted Japan's bold moves to bolster growth.

  • Microsoft Xbox Takes on Apple, Google With Smart TV Wednesday, 22 May 2013 | 7:37 AM ET
    Microsoft unveils the new Xbox One.

    Microsoft unveiled its long-anticipated next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.

  • EU Bank Bonuses to Affect a Lot More Bankers Wednesday, 22 May 2013 | 2:27 AM ET

    EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash.

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