Stocks Drop 1% as Fed Tapering Fears, Weak China Data Rattle Markets
Highlights
Tension has been rising between Russia and neighboring Azerbaijan over an alleged vote-rigging scandal whose reverberations are being felt across Europe. |
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. |
Shale gas development in the U.K. could create 74,000 jobs and halve the country's future dependency on gas imports, according to a new report by the Institute of Directors. |
The Bank of Japan's plan to double the country's money supply over the next two years has put the spotlight back on the global carry trade. We've identified some of the biggest carry trades based on either the interest rate differential or their popularity. |
Millions of Italians are too poor to heat their homes, eat adequately or go on holiday, Italy reported on Wednesday. |
Single men are posting pictures of themselves alongside toilets to show prospective brides that they can safely use the bathroom. |
The Czech Republic's capital, Prague, has found an unusual way to get people to use public transport: its metro system has launched "love carriages." |
Paolo Sorrentino's "The Great Beauty" is one of several films that touch on the unraveling of contemporary Italy in official selection at the Cannes film festival this year. |
The former Vice Chair of GM, who holds a leadership role with VL Automotive, is teaming up with Wanxiang Group, a Chinese auto parts supplier, in a bid to buy the ailing Fisker. |
Here's why more "hash crash" events, like the bogus AP tweet that caused the markets to tumble, are disasters waiting to happen. The Financial Times reports. |
Brazil faced a minor bank run over the weekend, but one analyst told CNBC the real issue facing the country's banking system is a runaway credit boom. |
The latest report from Europe's main statistics agency suggests that the European financial crisis has had an impact on birth rates across the continent since 2008. |
Two economists have decided to put their money where their mouth is, betting on whether inflation will rise once the U.K. economy recovers. |
Teen use of Twitter has grown significantly, a new report into social media networks shows, while Facebook is losing market share to its quick-messaging rival. |
More than 8,000 French households' tax bills topped 100 percent of their income in 2012, a French newspaper reported. |
As Western economies come to terms with low growth and an inability to afford their social commitments, nationalist and isolationist movements will come to the forefront, HSBC's Stephen King told CNBC. |
The latest retail report from the British Retail Consortium (BRC) warns that the rise in empty shops in towns across the U.K. is a "major concern." |
Inflation in Britain will peak over the summer and remain well above 2 percent – the target set by the U.K's Chancellor – for the foreseeable future, Ernst & Young warned on Monday. |
There are no signs of a turnaround for the euro zone after six straight quarters of recession, and even once mighty Germany is struggling, according to the Royal Bank of Scotland's latest World Economy Barometer. |
Maritime pirates are honing their tactics and beefing up their weaponry. Here are the world’s most pirate-infested waters, and learn about individual attacks from each place. |
A new study from U.S. Trust suggests that millionaire parents often don't tell their children how rich they are until well into adulthood. In fact, most believed their kids should little about the family's wealth before the age of 25. |
After 123 days being grounded and then repaired to ensure its battery systems do not catch fire, Boeing 787 Dreamliners are about to once again make commercial flight in the United States. |
BridalBrokerage.com is helping brides on a budget and those who call off their big days by selling canceled wedding packages to couples looking to save a little time and money. |
The process of matching jobless workers to vacancies is deteriorating in the euro zone, according to Goldman Sachs. |
The Wharton International Volunteer Program (WIVP) is leveraging the skills of its members to provide consulting services to resource-strapped NGOs in developing countries. |
Denmark's Emmelie de Forest won Eurovision on Saturday before an international TV audience of around 125 million, clinching the coveted crown of euro-pop with a folksy ballad. |
The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years. |
Brands from Belvedere to Magnum ice cream have ubiquitous presences during the Cannes Film Festival, hoping to boost their exposure. |
As the school year draws to a close, report cards are in for some of the world's most influential central bankers as well. Here's who passed with flying colors and who didn't make the grade. |
The idea of a total government monitoring is probably still the stuff of fiction, but that doesn't mean your boss doesn't have a pretty good idea of your workday habits. |