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  • Warning: ‘Prepare’ for Commodity Supercycle End Monday, 3 Jun 2013 | 1:23 AM ET

    With multiple investment banks signposting the end of the commodity supercycle, a World Bank director has warned developing countries that have benefited from the surge to protect themselves against a price crash.

  • An Italian cafe

    Small and medium-sized businesses, the backbone of Italy's economy, are struggling to get funding from the country's debt-laden banks, forcing many out of business and worsening the country's economic crisis.

  • Europe Markets That May Be Worth Snapping Up Sunday, 2 Jun 2013 | 10:09 PM ET

    True, the outlook for the euro zone economy is not great, but there are plenty of good reasons why the euro zone's peripheral equity markets look appealing right now, one expert tells CNBC.

  • Europe in 'Very Gradual' Recovery, Draghi Says Sunday, 2 Jun 2013 | 9:45 PM ET
    Mario Draghi, President of the European Central Bank

    The euro zone economy is on track for a recovery later this year driven by the European Central Bank's loose monetary policy, the bank's President Mario Draghi said.

  • Some Look to Norway as Model for US Oil Bounty Sunday, 2 Jun 2013 | 1:33 PM ET

    State control of natural resources tends to evoke images of authoritarian countries, yet the most oft-cited example for the U.S. is Norway.

  • Europe's Austerity Revolt Forces Easing on Cuts Sunday, 2 Jun 2013 | 4:29 AM ET
    Protesters try to move crash barriers as police use pepper spray to stop them outside the European Central Bank in Frankfurt.

    Faced with soaring unemployment, deepening recession, and a widening political backlash, European officials are easing up on two-year-old demands for painful budget cuts.

  • Turkish Police Detain Nearly 1,000 in Protests Saturday, 1 Jun 2013 | 4:43 PM ET
    A protestor holds a Turkish flag with a portrait of the founder of modern Turkey Mustafa Kemal Ataturk as he takes part in a demonstration in support of protests in Istanbul and against the Turkish Prime Minister and his ruling Justice and Development Party (AKP), in Ankara.

    Turkish police detained 939 people in 90 different demonstrations across Turkey, interior minister Muammer Guler said on Saturday.

  • Monsanto Saying No to GMO Crop Expansion in Europe Friday, 31 May 2013 | 2:56 PM ET
    Farmer Matt Wiggeim unstraps a delivery of Monsanto DeKalb brand seed corn on a farm in Princeton, Ill.

    Monsanto is not pushing for expansion of genetically modified crops in most of Europe as opposition to its biotech seeds in many countries remains high, company officials said.

  • Bottle of Wine From French Palace Sells for $9,400 Friday, 31 May 2013 | 12:03 PM ET
    A bottle of the finest wine from the cellars of the Elysee Palace, a 1990 Pomerol Chateau Petrus.

    The two-day auction of 1,200 bottles of wine from the Elysee Palace is on pace to surpass its estimate of $300,000, helped by the sale of a 1990 Petrus for $9,400.

  • EU’s Rehn ‘Amazed’ by Hollande’s Criticism Friday, 31 May 2013 | 8:52 AM ET

    European Commission's economic chief, Olli Rehn, said he was "amazed" that France had criticized his team for recommending reforms while proposing more economic coordination for the euro zone.

  • European Banks Set to Cash in on Subprime Sales Friday, 31 May 2013 | 8:23 AM ET

    Europe's banks, which were among the biggest buyers of U.S. mortgage bonds before the financial crisis, are set to cash in on America's housing recovery by selling the once "toxic" assets back to U.S. lenders.

  • North Americans may have a reputation for generous tipping, but Germans are actually more likely to tip while on holiday, according to a TripAdvisor survey.

  • Out With the 'Grexit,' and in With the 'Greecovery' Friday, 31 May 2013 | 7:28 AM ET

    Greece's economy is showing the first signs of a recovery, reducing the odds of it exiting the euro zone, according to a new report from analysts at Berenberg Bank.

  • Italy Youth Unemployment Hits Record 40.5% Friday, 31 May 2013 | 6:31 AM ET

    Italy's overall jobless rate and youth unemployment edged up in April to the highest levels on record, data showed on Friday.

  • Demonstrators from the anti-capitalist Blockupy movement will seek to cut off access to the European Central Bank and other financial institutions in Frankfurt on Friday, to protest their handling of Europe's debt crisis.

  • Billions Stolen From Sochi Winter Olympics: Report Friday, 31 May 2013 | 3:05 AM ET
    Russian President Vladimir Putin

    Russian businessmen and officials close to President Vladimir Putin have stolen up to $30 billion from funds intended for preparations for next year's Sochi Winter Olympics, according to a report released on Thursday by opposition leaders.

  • Business Group Warns on Sterling Debasement Friday, 31 May 2013 | 2:45 AM ET

    As the Bank of England prepares for the tenure of new governor Mark Carney, one industry lobbyist has warned that another debasement for sterling will lead to dangerous inflation.

  • UBS Lifts Banker Pay to Entice Staff to Stay Friday, 31 May 2013 | 2:32 AM ET

    UBS is set to raise pay for investment bankers by an average 9 percent to entice staff into staying by lifting salaries to market rates.

  • God’s New Banker Tries to Clean Up Vatican Friday, 31 May 2013 | 1:24 AM ET
    The Vatican

    The new head of the Vatican bank will need plenty of prayer and strength to rescue its scandal-torn reputation.

  • UK Growth Will Beat Expectations: Industry Body Thursday, 30 May 2013 | 7:00 PM ET

    The U.K. could post better-than-expected GDP numbers over the next three years, thanks to a strong service sector, the British Chambers of Commerce said Friday.

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