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Europe Stock Market News, Business News, Financial, Earnings, World Market News and Information Highlights

Timeless Suits From London's Savile Row Back in Fashion Thursday, 21 Feb 2013 | 2:12 AM ET

Savile Row tailors may feel like a museum to Britain's faded imperial glory but the bespoke menswear business on "the Row" is enjoying a remarkable resurgence.

Gold's 'Death Cross' Isn't All That Worries Investors Wednesday, 20 Feb 2013 | 12:33 PM ET

Gold is flashing the "death cross" but the bearish chart pattern is not the only thing scaring investors.

Africa’s Anti-Hummer Wednesday, 20 Feb 2013 | 10:50 AM ET

At $6,000, Mobius Motors' new 'Mobius-II' could be a game-changer for businesses working on Africa’s rough roads.

US CEO Blasts 'Three Hours a Day' French Workers Wednesday, 20 Feb 2013 | 8:44 AM ET

The head of U.S. tire maker Titan launched a vitriolic attack on French productivity after the country’s government suggested he buy a factory in the north of France.

Highlights From London Fashion Week- Fall 2013 Wednesday, 20 Feb 2013 | 2:58 AM ET

Despite the average fashion show lasting just 10 minutes, months of planning and billions of dollars go into making London Fashion Week a success.

$50 Million in Diamonds Stolen in Less Than 5 Minutes Tuesday, 19 Feb 2013 | 7:55 PM ET
The 35-carat pear-shaped diamond Marie de Medici wore at her coronation in 1610, one of the world's most famous gems.

Armed robbers at Brussels airport stole roughly $50 million worth of diamonds in under five minutes.

Shop Less, Fashion Designer Says Tuesday, 19 Feb 2013 | 10:03 AM ET

Fashion designer Vivienne Westwood was a woman on a mission at London Fashion Week this year. As she sent a full collection of autumn clothes stomping down the runway, Westwood said she wanted consumers to shop less and invest in quality over quantity.

Picasso’s Masterpieces Made With House Paint Tuesday, 19 Feb 2013 | 2:20 AM ET

Scientists using a high-energy X-ray instrument say they have solved the long-running debate over what kind of paint Picasso used in his masterpieces. The New York Times reports.

Telecom Cash Cows Scare Some Dividend Investors Monday, 18 Feb 2013 | 7:39 AM ET

European telecom stocks have declined more than 10 percent over the past year. That sell-off has pushed yields on many large-cap names to between 6 and 10 percent. Yet dividend fund managers who would normally snap up such high yielding stocks are steering clear, worried about the sector's health and the prospect of dividend cuts.

Geek Chic: Google Revamps Topshop Runway Monday, 18 Feb 2013 | 2:53 AM ET
Actress Kate Bosworth at the Topshop fashion show AW13 at London Fashion Week.

Philip Green's "Topshop" brand joined forces with Internet giant Google at this year's London Fashion Week in a move which has once again built a buzz around the company.

Tolstoy a Better Read Than the UK Tax Code: Osborne Sunday, 17 Feb 2013 | 1:15 PM ET
Count Leo Nikolayevich Tolstoy, (1828 - 1910), Russian writer.

"Tolstoy is also a better read. Tax rules ... were developed by the League of Nations after World War I. They've not kept pace with the changes in the world economy," the U.K.'s chancellor of the exchequer told CNBC.

The Great British Nanny Export Defies Recession Friday, 15 Feb 2013 | 5:01 AM ET
Graduation Day for Norland Nannies

Widespread redundancies in the banking sector as well as cuts in pay and longer working hours have taken their toll on a range of sectors, with retailers in particular feeling the pain of the recession.

One-Man Bank Keeps German Village Business Running Friday, 15 Feb 2013 | 2:58 AM ET

Peter Breiter, 41, is an unusual banker. Not for him the big bonuses, complicated financial instruments and multi-million deals. He is happy instead writing transaction slips out by hand for the 500 inhabitants of the tiny southern German village of Gammesfeld.

Russian Billionaire's Mega-Yacht Makes Waves in NYC Thursday, 14 Feb 2013 | 4:38 PM ET
'Eclipse' owned by Russian businessman Roman Abramovitch.

Mystery surrounded the appearance of Russian billionaire Roman Abramovich's 533-foot yacht, Eclipse, at a berth in mid-town Manhattan.

$75,000-a-Year Dating Service Matches Up Busy CEOs Thursday, 14 Feb 2013 | 2:39 PM ET

For $75,000, this matchmaker will help high-flying executives find the match that meets their every demand and handles it discreetly.

European Austerity Pushing Children Into Poverty: Study Thursday, 14 Feb 2013 | 8:23 AM ET

European austerity measures are punishing the most vulnerable members of society and threatening the entire social cohesion of Europe, according to a report from the charity Caritas.

From Strip Clubs to Bars: London Banking Cuts Hurt Thursday, 14 Feb 2013 | 12:51 AM ET

Thousands of job losses in London's high-profile banking industry are causing ripple effects across a wide array of businesses that rely on the wealth of City workers.

How Romanian Workhorses Reach the Dinner Plate Wednesday, 13 Feb 2013 | 11:02 AM ET
Steak meat

In tough times poverty stricken rural Romanian farm owners sell their old workhorses to slaughterhouses to make a little extra cash, and begin a process whereby horsemeat winds up on the dinner table.

As Rich Get Thrifty, Supercar Salesmen Work Harder Wednesday, 13 Feb 2013 | 9:09 AM ET
Visitors look at a Rolls-Royce Phantom luxury automobile.

In London, surprisingly robust sales of Lamborghinis and Ferraris depend on mass-market techniques as the super-rich spend less freely.

The Case for Helicopter Money Wednesday, 13 Feb 2013 | 8:44 AM ET

The view that it is never right to respond to a financial crisis with monetary financing of a consciously expanded fiscal deficit – helicopter money, in brief – is wrong

We Won't Manipulate Currency: Russia's Moiseev Wednesday, 13 Feb 2013 | 1:31 AM ET
Alexei Moiseev, Russia's deputy finance minister

As tension over exchange rates grows and central bankers across the globe try to cool talk of a "currency war", Russia on Wednesday denied it was manipulating its currency.

Are These Potato Chips Worth a Million Dollars?! Wednesday, 13 Feb 2013 | 12:00 AM ET
Lays introduces their new chip flavors: sriracha, chicken and waffles, and cheesy garlic bread.

Lay's is offering $1 million for the next big chip flavor. CNBC did a taste test on the three finalists -- Sriracha, Cheesy Garlic Bread and Chicken and Waffles. Here are our highly unscientific results.

Products for the Pampered Pet Tuesday, 12 Feb 2013 | 4:31 PM ET

Many owners are happy to part with large sums of cash to buy extravagances for their pets. Here's a list of products for the pet who has everything, and the owner who gives it to him.

Forget Psy, Meet the Real Gangnam Style Tuesday, 12 Feb 2013 | 1:58 PM ET
Models walks the runway at the Concept Korea Fall 2013 fashion show during Mercedes-Benz Fashion Week

Asian designers have already paved their way through the New York fashion scene – names like Phillip Lim, Alexander Wang and Jason Wu have now become household names. But celebrities are already eyeing some of Korea's rising stars; Lie Sang Bong's clients include Beyonce, Lady Gaga and Rihanna. Choi Bo Ko has Whoopi Goldberg as one of his clients.

Murdoch Might Scrap British Tabloid's Topless Photos Tuesday, 12 Feb 2013 | 2:49 AM ET

As much a part of the saucier side of British 20th-century life as cheeky seaside postcards and innuendo-loaded comedies, the topless models in Britain's best-selling daily paper might soon be no more.

A 30-Hour Working Week: Could It Happen in Germany? Monday, 11 Feb 2013 | 7:15 AM ET

A group of 100 German academics, trade unionists and politicians is calling for a 30-hour working week with full pay, German daily Tageszeitung reported on Monday, with the petitioners arguing that a shorter working week is the best way to address rising unemployment.

Even the Carnival Can't Save Brazil From a Slump Monday, 11 Feb 2013 | 6:29 AM ET
A reveller of Grande Rio samba school performs during the second night of carnival parade at the Sambadrome in Rio de Janeiro

As raucous Latin American rhythms, colorful processions and street parties go, Brazil's Carnival is among the best, but Citigroup's strategy team is questioning whether the party for Brazil's economy could be over before it's really begun.

Is Time Up for the World’s Oldest Bank? Sunday, 10 Feb 2013 | 11:00 PM ET
Banca Monte dei Paschi di Siena

Wine and friends improve with age. Banking, if the recent experiences of the world's oldest surviving financial institution are anything to go by, does not. The Global Post reports.

Europe's Richest Soccer Clubs Friday, 8 Feb 2013 | 9:55 AM ET

Europe may be mired in a recession and austerity but the continent's biggest soccer clubs (football clubs to those in Europe) are continuing to look recession-proof.

Meet Alex Stubb, the European Summit's Comic Relief Friday, 8 Feb 2013 | 9:07 AM ET

He's blond, opinionated, has a flair for publicity and is a bit of a comedian. However, Finnish politician Alex Stubb has taken up a trickier task than running London.