Europe News


  • Here's how the US shutdown could hurt Europe Wednesday, 2 Oct 2013 | 12:07 AM ET
    The U.S. Capitol

    International financial markets reacted to the shutdown of the American government with remarkable calm on Tuesday.

  • How Puma nearly dropped Usain Bolt Wednesday, 2 Oct 2013 | 4:16 AM ET
    Usain Bolt

    While Puma's recent renewal of its sponsorship of Usain Bolt seemed like a no-brainer, the story was somewhat different a decade ago.

  • French parliament passes law punishing plant closures Wednesday, 2 Oct 2013 | 4:03 AM ET
    A car factory in France

    France's parliament passed a law on Tuesday imposing tough penalties on companies that shut down operations deemed economically viable, as President Francois Hollande struggles to save jobs in a declining industrial sector.

  • Natural gas: Risks and rewards for Gazprom boss Wednesday, 2 Oct 2013 | 2:46 AM ET
    Shale Rock from fracking.

    The long-term prospects for the gas market are looking good, despite current price pressures, the chief executive of Gazprom Export told CNBC.

  • J Sainsbury, Britain's third-biggest grocer, met forecasts with a pick-up in quarterly sales driven by growth at local convenience stores and online, outperforming rivals including market leader Tesco.

  • Italy PM faces showdown after Berlusconi crisis Tuesday, 1 Oct 2013 | 12:50 PM ET

    Silvio Berlusconi fought to hold his party together on Tuesday, a day before a showdown in the Italian parliament that will decide whether Prime Minister Enrico Letta can survive in office.

  • Budget battles: US, EU gripped by political rows Tuesday, 1 Oct 2013 | 9:39 AM ET

    As the U.S. government shuts down after 11th-hour dealmaking failed to produce a budget, similar political rumblings can be heard in Europe.

  • Reckless UK bankers could face 7 years in jail Tuesday, 1 Oct 2013 | 11:46 AM ET

    Senior bankers in Britain could face a maximum jail term of seven years if they are found guilty of reckless misconduct, draft laws published on Tuesday said.

  • Vatican bank opens its books in transparency drive Tuesday, 1 Oct 2013 | 10:18 AM ET
    The Vatican

    The Vatican bank published its annual accounts for the first time on Tuesday in an attempt to boost transparency and distance itself from a string of scandals.

  • Conan O'Brien aims to outdo Branson on LinkedIn Tuesday, 1 Oct 2013 | 11:09 AM ET
    Richard Branson is being challenged by Conan O'Brien for top spot on Linkedin connections.

    Comedian Conan O'Brien has joined LinkedIn in hopes of becoming the site's most followed user, a ranking that belongs to British billionaire Richard Branson.

  • Cheers and fears for Osborne's belt-tightening Tuesday, 1 Oct 2013 | 7:40 AM ET

    The talk at the conference of the U.K.'s Conservative party was all about the Chancellor and his pledge to get the country back in black.

  • Manufacturing output in the euro zone fell in September, signalling that the region could not be recovering as well as expected.

  • When will ECB break the status quo? Tuesday, 1 Oct 2013 | 5:08 AM ET

    The European Central Bank (ECB) looks as though it won’t deliver any dramatic shocks when it meets in Paris Wednesday.

  • Euro zone unemployment signals tepid recovery Tuesday, 1 Oct 2013 | 7:24 AM ET
    The underemployed: More than 17 percent of the U.S. employed are part of the part-time economy.

    Euro zone unemployment numbers point to a tepid regional recovery, analysts said on Tuesday, after official data showed unemployment levels remained unchanged in August.

  • Unilever warns EM slowdown has accelerated Tuesday, 1 Oct 2013 | 2:11 AM ET
    Bars of Hindustan Unilever Ltd. Lux soap at a store in Mumbai

    Consumer goods company Unilever warned on Monday that a slowdown in its emerging markets accelerated in the third quarter and it now expects underlying sales growth of just 3 to 3.5 percent in the period.

  • Eric Schmidt

    Google, which has been grilled twice in the past year by a UK parliamentary committee over its tax practices, had a UK tax bill of 35 million pounds ($55 million) in 2012, on sales of $4.9 billion to British customers.

  • Nokia says India freezes some assets in tax dispute Tuesday, 1 Oct 2013 | 3:20 AM ET

    Indian authorities have frozen some of Nokia's assets in a tax dispute but the move isn't expected to delay its handset business sale to Microsoft.

  • European Central Bank to stick to policy course Monday, 30 Sep 2013 | 10:04 PM ET

    The European Central Bank is set to stick to its policy course on Wednesday while keeping a wary eye on risks to the euro zone's nascent recovery.

  • Open for business? France reviews Sunday trading Monday, 30 Sep 2013 | 9:31 AM ET

    The French government will review its legislation on Sunday trading after two DIY chains defied the law and opened their doors over the weekend.

  • Greece plans new anti-racism law after arrests Monday, 30 Sep 2013 | 9:01 AM ET
    Christos Pappas, lawmaker of the Golden Dawn party, is escorted by masked police officers.

    The Greek government said it would soon present a bill targeting racist hate speech, part of a crackdown on the Golden Dawn party.

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Europe Video

  • Emirates Airline - and the industry more broadly - is benefitting from lower oil prices, and will report "healthy profits" says Tim Clark, President of Emirates Airlines.

  • Spinoffs have been a major theme this year for financial markets. Ryan Mendy, COO of The Edge, discusses the trend further and discusses how it will continue into 2015.

  • The Russian ruble is seeing a slight rebound after Tuesday's rate hike. Chris Turner, head of FX strategy at ING, discusses whether this puts investors at ease.