Highlights
Italy could see its borrowing costs rise above those of troubled Spain this week, analysts told CNBC on Monday. |
Executive excess need not be etched in stone. Just look at the Nordic region, where an egalitarian tradition and a high quality of life leave top managers content with lower paychecks. |
Norway's oil fund almost halved its exposure to UK and French government bonds last year while increasing it to debt from the US, Japan and Germany. The FT reports. |
Since a government austerity plan took hold last year, the Italian economy has tumbled into one of the worst recessions of any euro zone country. Businesses of all sizes have been going belly up at the rate of 1,000 a day over the last year, the New York Times reports. |
British Airways is set to debut the double-decker Airbus A380 seating on the London to Los Angeles route. |
Kia has touched off an unexpected firestorm in Northern Ireland over the name of its new car. |
The legislature of the world's last major communist country is almost certainly the wealthiest in the world, according to a popular rich list that names 83 dollar billionaires among the delegates to China's parliament. The Financial Times reports. |
The United States ranks 19th worldwide when it comes to retirement savings, trailing Israel, Japan, and even tiny Slovenia. |
At the IHS CERAWeek Conference in Houston on Wednesday, CNBC spoke to BP CEO Bob Dudley about the persistent cyber threats that companies like his receive. |
Forbes has described the Saudi billionaire Alwaleed Bin Talal's valuation estimates of his fortunes as an "alternate reality". |
A German travel agency is selling tickets for a flight to give 88 astronomy buffs a close-up view of one of two rare comets expected to pass Earth this year. |
One of the world's top five auto shows, the 83rd annual Geneva Motor Show exploded into life this week with around 700,000 visitors. It featured new releases from Mercedes-Benz, BMW and Bentley, as well as the unveiling of a new brand, Chinese-Israeli joint venture Qoros. |
The zeal with which Swiss citizens backed the curbs on executive pay is just the latest sign that Switzerland's relationship with the ultra-wealthy is beginning to change. |
The Dunlop and Goodyear plants near Amiens in northern France chose different destinies four years ago when Dunlop's unions accepted tougher labor conditions. |
Investors looking to move away from paper assets to something more tangible should consider fine wine, a specialist told CNBC on Wednesday, arguing that rare bottles have seen a steady rise in prices. |
The world's major luxury auto manufacturers have been bucking the trend, rolling out new models for the super luxury market at the 83rd Geneva motor show, against a backdrop of slumping sales in the mass market in Europe. |
Swiss voters on Sunday approved what has been dubbed the toughest executive pay rules in the world. Sixty eight percent of voters were in favor of forcing Swiss companies to give shareholders sweeping powers in deciding on executive pay. |
Britain's government is selling vintage French wine at around 5,000 pounds a bottle in a bid to make its wine cellar self-funding as part of a national austerity drive and clamp-down on extravagant expenditure. |
Greece has been reclassified from a "developed" to an "emerging market" by a major U.S.-based fund manager. |
Swiss bank UBS will tell its employees what bonus they will be receiving for 2012, a year in which staff endured a radical restructuring. |
One of the world's largest contractors is actively diversifying away from its home turf in the Middle East in light of rising political risks, opting instead to win exposure to territories such as Africa, former Soviet Republics and Australia. |
Three Italians, three North Americans, and Luis Antonio Tagle, the archbishop of Manila, capital of the Philippines, Asia's only majority-Catholic nation, are among candidates to succeed Pope Benedict XVI. The New York Times reports. |
Basketball in Great Britain is apparently growing. The British Basketball Association is putting on a full court press to entice investors for a new pro league. |
Ireland deserves the mantle of the euro zone's poster child for its remarkable economic recovery via austerity, CEOs told CNBC at the Irish Business and Employers Confederation. |
A colossal savings glut in China, the world's second largest economy, means British workers in their twenties will only be able to retire at 75. |
Pope Benedict XVI's retirement package – the first the Vatican has offered in almost 600 years – is a sweet deal by the average American senior's standards. |
Here's a story about a personal hygiene startup with a sense of humor, which may have figured out the way to big profits is through a dog's mouth. |
Over the past week, risk appetite has soured following a political stalemate in Rome and anxiety over the upcoming U.S. "sequester" spending cuts, but strategists told CNBC that there is a way to trade this panic. |
Mobile wars came to Barcelona on Monday as the world's largest technology giants unveiled their latest products. |
They find the language difficult and the locals as chilly as the weather but for young Spaniards Berlin has become a popular spot to sit out the economic crisis at home. |