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  • Schneider nearing $5 billion Invensys deal: reports Tuesday, 30 Jul 2013 | 11:28 AM ET
    Jean-Pascal Tricoire, CEO of Schneider Electric

    France's Schneider Electric is nearing a 3.3 billion pounds ($5.07 billion) deal to acquire British engineer Invensys and could announce the agreement at its results on Wednesday, three people with direct knowledge of the matter said.

  • Media's 'new emerging market' is Europe: CEO Tuesday, 30 Jul 2013 | 11:18 AM ET

    There is no better time to be in the media business than right now and Western Europe is looking like a new emerging market, said Discovery CEO David Zaslav.

  • Morsi meets EU representative as violence continues Tuesday, 30 Jul 2013 | 8:39 AM ET

    Violence has continued across Egypt over the past 24 hours, as European Union foreign policy chief Catherine Ashton confirmed on Tuesday that she had met ousted President Mohamed Morsi.

  • Brighter euro zone data offers scope for ECB rate cut Tuesday, 30 Jul 2013 | 6:02 AM ET

    An improvement in economic sentiment in the euro zone area adds to evidence that the crisis in the region is easing, analysts said on Tuesday, but the recovery remains weak.

  • IMF approves $2.3 billion aid for Greece Tuesday, 30 Jul 2013 | 3:44 AM ET

    The International Monetary Fund on Monday approved a further 1.7 billion euros in funds for Greece's bailout program after completing the fourth review of the euro zone state.

  • German consumer morale near 6-year high Tuesday, 30 Jul 2013 | 3:09 AM ET

    German consumer confidence rose to its highest level in nearly six years, shoring up expectations that household spending will help it withstand weak demand for its exports.

  • Spain economy contracts again, could reverse trend Tuesday, 30 Jul 2013 | 2:40 AM ET

    Despite contracting for the eight consecutive quarter in the second quarter of 2013, Spain's economy was signaling that it could return to growth soon, analysts said.

  • Santander's first-half net profit rises 29% Tuesday, 30 Jul 2013 | 2:30 AM ET
    Bank of Santander Headquarters

    Spain's biggest bank Santander on Tuesday said net profit rose 29 percent in the first six months of 2013 to 2.25 billion euros ($2.98 billion).

  • Europe’s CEOs ‘no longer the most pessimistic’ Tuesday, 30 Jul 2013 | 1:45 AM ET

    Business confidence among European CEOs bounced to a two-year high in the second quarter, according to a new survey, with these executives now more optimistic than those in Latin America.

  • It's time for European stocks to shine Tuesday, 30 Jul 2013 | 12:48 AM ET

    The beleaguered euro zone economy is set for a comeback this year, and that should drive stocks in the region higher by up to 10 percent in the coming weeks, analysts told CNBC.

  • Why managing God's money isn't easy Monday, 29 Jul 2013 | 7:01 PM ET
    Archbishop of Canterbury Justin Welby

    The Archbishop of Canterbury's attempt to take on controversial pay-day lender Wonga exposed the Church of England to accusations of hypocrisy, but it shouldn't deter the Church.

  • French diamond heist loss raised to $136 million Monday, 29 Jul 2013 | 12:26 PM ET
    French policemen investigate outside the Carlton Hotel on July 28, 2013 in the French Riviera resort of Cannes.

    Police are searching for a man who was wearing gloves, a cap and a scarf to mask his face while sneaking into the diamond show in a luxury Cannes hotel.

  • Barclays to launch £5 billion-plus rights issue Monday, 29 Jul 2013 | 11:10 AM ET

    Barclays will on Tuesday launch a rights issue to raise more than £5 billion as the UK bank moves fast to come into line with British regulatory requirements on leverage.

  • EU demands tougher Monte Paschi restructuring plan Monday, 29 Jul 2013 | 10:45 AM ET

    The European Commission told Italian lender Monte dei Paschi di Siena to beef up a restructuring plan before it can be given approval for a $5.3 billion bailout.

  • France probes Abercrombie hiring of sexy salesmen Monday, 29 Jul 2013 | 10:29 AM ET

    Abercrombie & Fitch, famous for its shirtless male models, should brace itself for more discrimination challenges in Europe related to its recruitment practices, lawyers told CNBC.

  • Prince warns US shale could hurt Saudi economy Monday, 29 Jul 2013 | 7:38 AM ET
    Prince Alwaleed Bin Talal, Saudi billionaire and founder of Kingdom Holding Co.

    Saudi billionaire Prince Alwaleed bin Talal warned that the Gulf Arab kingdom needed to reduce its reliance on crude oil and diversify its revenues.

  • No sexual images please! UK retailer orders cover-up Monday, 29 Jul 2013 | 6:39 AM ET

    One of the largest magazine retailers in the U.K. has ordered magazines with overt sexual imagery to cover up their front covers with "modesty bags" or risk being withdrawn from sale.

  • House bill aims its sights at Iran's energy sector Monday, 29 Jul 2013 | 6:00 AM ET
    Iran's 50000 Rials with a portrait of Ayatollah Ruhollah Khomeini.

    Congress is poised to increase the economic pressure on Iran and its nuclear program in a vote expected to take place late next week.

  • ECB President Mario Draghi

    The number of investors who think a country will leave the euro zone soon has dropped by two thirds in the year since the head of the bloc's central bank promised to safeguard the currency.

  • Siemens CEO Löscher said to fight his ouster Monday, 29 Jul 2013 | 5:13 AM ET

    Siemens CEO Peter Löscher will fight the group's plans to oust him, German daily Sueddeutsche Zeitung reported on Monday, saying the chief of the industrial group will only step down if the company's chairman also quits.

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