Jan Dunning, CEO of St Petersburg-headquartered hypermarket chain Lenta, says the situation in Ukraine has had no impact on the group, as consumer confidence remains unaffected in Russia.» Read More
Flemming Ornskov, CEO of Shire Pharmaceutical, says that its latest acquisition, Viropharma, is a "strategic fit" whose main product should become a growth engine.
Erik Berglof, chief economist at EBRD, explains that the recovery in central and Eastern Europe should be much slower than expected and that a "renewed focus" on reforms is needed.
Arvind Ramakrishnan, head of Asia at Maplecroft, explains how the Philippines' "catastrophic" devastation will impact its economy -- especially its food and beverage sector.
Clara Shih, CEO of Hearsay Social, explains that Hearsay helps organizations manage high volumes of social media traffic and highlights that the company has started to expand in Europe.
James Kynge, principal for China Confidential at the Financial Times, expects rural sector reforms to come out of the Chinese Plenum, which would have an "enormous effect" on both the Chinese and global economies.
European equities closed down on Friday after a better-than-expected figure for nonfarm payrolls was released in the U.S., fueling investor speculation about the tapering of the Federal Reserve stimulus measures.
Marco Patuano, CEO of Telecom Italia, says its Brazilian business is a "core asset" and says the group has a lot of investment to do in the future.
Ratings agency Standard and Poor's cuts France sovereign credit rating to AA from AA+.
Jim O'Sullivan, chief U.S. economist at High Frequency Trading, expects the U.S. employment report to be weak but says the U.S. economy should to be "back on track" before long.
European equities closed flat on Thursday, despite initially rallying after the European Central Bank cut its main interest rate to 0.25 percent from 0.50 percent.
Carlos Ghosn, CEO of Renault-Nissan, says that by cutting its rate, the ECB has shown it is listening to the market and helping Europe's "slow recovery".
Charles Goodhart, professor emeritus of banking and finance at the London School of Economics, says it would have been "outstanding" for the Bank of England to change monetary policy on Thursday given the strength of the U.K. economy.
Rolf Schneider, head of macro research at Allianz SE, says the ECB's decision to cut its main interest rate was not the right one as it won't improve conditions "that strongly".
Aiman Ezzat, CFO of Capgemini, highlights that the group returned to organic growth in the previous quarter, due to improvements in most regions and strong performance in the financial services sector.
Ed Nusbaum, global CEO of Grant Thornton, explains that business optimism in the U.K. is at its highest level ever due to expectations of higher profits and wages.
European equities closed higher on Wednesday as investors reacted to earnings news and awaited monetary policy decisions from central banks in the U.K. and Europe.
Gary Cook, U.K. south coast organizer for GMB Union, says BAE's decision to cut jobs in U.K.'s shipyards is a "devastating blow for the area" economically.
Jan Godsell, professor of operations and supply chain strategy at the University of Warwick, explains that the BAE job cuts in Portsmouth were inevitable due to a downturn in demand.
Marco Tronchetti Provera, chairman at Pirelli Group, comments on the group's performance and says it has "all the tools to deliver," including new products and efficiency measures.
Adolfo Mesquita Nunes, Portugal's secretary of state for tourism, says the country's tourism growth has been consistent and that the country remains "very good value for money".