Europe News


  • German journalists urged to shun Google and Yahoo Friday, 1 Nov 2013 | 3:53 AM ET
    Angela Merkel, German Chancellor and Chairwoman of the German Christian Democrats (CDU).

    The union representing German journalists advised its members on Thursday to stop using Google and Yahoo because of reported snooping by U.S. and British intelligence.

  • Were the euro bulls just too hasty? Thursday, 31 Oct 2013 | 11:58 PM ET
    Roll of euro bank notes

    The euro saw its steepest one-day decline in 16 months Thursday - a move some analysts say suggests recovery hopes could have been premature.

  • UK plan to unmask shell companies, pressing US Thursday, 31 Oct 2013 | 3:12 PM ET
    British Prime Minister David Cameron

    Anti-corruption groups are praising a new initiative by Britain to unmask the owners of shell companies, and they are calling on other countries to follow suit.

  • ECB mustn't try to weaken euro: Lufthansa CEO Thursday, 31 Oct 2013 | 8:35 AM ET

    The strong euro has weighed on Lufthansa's earnings this year, but its chief executive said the ECB should not intervene to weaken the currency.

  • News Corp exec and PM's aide had affair: Prosecution Thursday, 31 Oct 2013 | 11:58 AM ET

    The jury in the News Of The World phone-hacking trial have heard how the two highest-profile defendants had had a six-year affair.

  • Euro zone unemployment stuck at record high Thursday, 31 Oct 2013 | 6:00 AM ET

    Unemployment in the euro zone was 12.2 percent in September, stuck at a record high, signalling that the region's economic recovery is yet to be felt in the job market.

  • Cyprus banks still struggling as deposits ebb away Thursday, 31 Oct 2013 | 6:00 AM ET

    Cyprus' embattled banking industry will have to undergo "major structural reforms," according to a report into the sector's viability.

  • 'Double whammy' pushes euro to two-week low Thursday, 31 Oct 2013 | 9:00 AM ET

    The euro dropped sharply against the dollar on Thursday, with analysts citing concerns over "tapering" and weak data released for the euro zone.

  • A bum deal? EU to roll out toilet flush law Thursday, 31 Oct 2013 | 11:02 AM ET

    The European Union has long had a reputation for micro-managing. Now the EU has found another pressing matter: toilet flushing.

  • Banks brace for billion-dollar forex probe Thursday, 31 Oct 2013 | 6:34 AM ET

    Hammered by their role in the 2008 crisis and the rigging of the LIBOR, the global banking sector looks set to take another battering.

  • The European Central Bank will provide more liquidity to avoid a "cliff" effect once long-term refinancing operations (LTROs) – the bank's cheap loans to euro zone banks - come to an end, Governing Council member Ewald Nowotny told CNBC.

  • BNP Paribas revenue hit by weak fixed income trading Thursday, 31 Oct 2013 | 1:15 AM ET

    BNP Paribas third-quarter net profit beat forecasts on Thursday, up 2.4 percent from the same period a year earlier.

  • Alcatel-Lucent CEO: Turnaround just needs time Thursday, 31 Oct 2013 | 3:02 AM ET

    Alcatel-Lucent, the French telecoms giant, just needs “a few additional quarters to really turnaround,” its chief executive told CNBC as it announced reduced losses in the third quarter.

  • Shell hit by refining costs, Nigeria 'sabotage' Thursday, 31 Oct 2013 | 3:45 AM ET
    A winter landscape image of a section of the Shell oil refrinery at Scotford Alberta.

    Profits miss forecasts as a weak refining environment and production losses due to disruption in Nigeria weighed on its performance.

  • Prosecution outlines charges in News Corp hacking trial Wednesday, 30 Oct 2013 | 9:59 AM ET

    Prosecution reveals three ex-members of News International staff have pleaded guilty to phone-hacking as trial gets underway

  • US to Germany: Your surplus is hurting world economy Wednesday, 30 Oct 2013 | 6:06 PM ET
    A worker assists in moving a disc of a gas turbine at the Siemens gas turbine plant in Berlin, Germany.

    The United States reprimanded Germany, saying its exporting prowess was hampering economic stability in Europe and hurting the global economy.

  • Taxes 'one element' behind tech boom: Irish PM Wednesday, 30 Oct 2013 | 7:23 AM ET
    Irish Prime Minister Enda Kenny

    Irish Prime Minister Enda Kenny said Ireland's attractive tax regime was "one element" behind tech giants like Google and Facebook locating there.

  • France veers to the right as National Front gains support Wednesday, 30 Oct 2013 | 5:58 AM ET

    Like the Tea Party in the U.S. and the U.K. Independence Party in Britain, France's National Front is giving the country's government a massive right-wing headache.

  • Spain emerges from two-year recession Tuesday, 29 Oct 2013 | 4:00 AM ET

    Spain's economy emerged from a two-year recession in the third quarter, according to preliminary data released on Wednesday, signalling that the country's economy is finally in recovery mode.

  • Barclays profit falls, cooperating in forex probe Wednesday, 30 Oct 2013 | 3:57 AM ET

    Barclays on Wednesday reported a 26 percent drop in third-quarter net profit to £1.385 billion ($2.22 billion) as earnings at its investment banking arm dropped sharply.

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Europe Video

  • Sachin Patel, head of U.K. capital markets at Funding Circle, discusses peer-to-peer lending and the benefits of it.

  • Neil Atkinson, head of analysis at Lloyd's List Intelligence, says that there is not enough oil demand growth, which will lead to a continued surplus of supply for the first half of 2015.

  • Lynnden Brannigan, head of technical strategy at Barclays, discusses currencies and oil movements.