British supermarket giant Tesco reported a dip in group sales compared to last year, highlighting the challenges it faces in the U.K. and Europe.» Read More
A look at where the markets finished the day and the impact central banks are having on the world economy, with Danielle Hughes, Divine Capital; David Kelly, JPMorgan Funds; Todd Salamone, Schaeffer's Investment Research; Alan Valdes, DME Securities; and CNBC's Rick Santelli.
Global investors are eyeing the Cyprus bailout deal. CNBC's Michelle Caruso-Cabrera reports on the severity of the crisis there, and says that some of the country's banks are slated to re-open tomorrow.
Will the crisis in Cyrpus force its economy into a recession? CNBC's Michelle Caruso-Cabrera, offers insight.
Cyprus and its international lenders on Monday reached a last-minute rescue deal to resolve the country's financial crisis.
The details of the last-minute Cyprus deal may be less positive than originally anticipated, with CNBC's Michelle Caruso-Cabrera. Also, a look at how the uncertainty impacts U.S. investors, with Michael Yoshikami, Destination Wealth Management.
Kathy Lien, managing director of BK Asset Management, tells CNBC the continued euro weakness vs dollar reflects how investors remain worried over the euro zone economic performance and contagion from Cyprus.
Alec Young, global equity strategist at S&P Capital IQ, tells CNBC that EU comments about Cyprus being a template for future bailouts caused a wave of concern late in Monday trading, halting the market rally.
Philippe Ghanem, vice chairman & managing director of ADS Securities tells CNBC that investors are weighing up their options in response to Cyprus and searching for guarantees from banks and institutions.
Alex van der Velden, partner and chief investment officer at Ownership Capital, and Hugo Dixon, editor-at-large at Reuters, discuss on CNBC the wider-ranging repercussions of the Cyprus deal for the rest of Europe.
The Cyprus bailout and the death of Russian oligarch Boris Berezovksy this weekend might seem like entirely separate events. But they are deeply connected. And they share the same root tragedy: Call it the "The Oligarchs' Curse."
A rescue program agreed for Cyprus on Monday represents a new template for resolving euro zone banking problems, the head of the region's finance ministers said.
Fed Chairman Ben Bernanke on Monday defended the central bank's aggressive easing of monetary policy, saying while it was aimed at bolstering the U.S. economic recovery, it was helping other countries as well.
Slovenian Infrastructure Minister Igor Maher resigned on Monday, adding to the problems of a new government striving to avoid a banking collapse.
As economists warned of the devastating impact the bailout would have on the Cypriot economy, ordinary Cypriots attempted to come to terms with a new reality.
The relationship between Cyprus and Russia will not be hurt as a result of the bailout, Cyprus' finance minister told CNBC. But Russia's prime minister suggested otherwise.
Shares in Bankia dropped 41.04 percent to 0.148 euros shortly after opening on Monday after Spain's bank restructuring fund valued them at 0.01 euro.
CNBC's Ross Westgate reports a last-minute deal reached with the island nation's European partners, prevented a collapse of its troubled banking sector.
An eleventh-hour deal in Cyprus helped Asian and European markets higher on Monday, but analysts warn that "risk-on" may be short lived, with downside risks remaining.
Christopher Pissarides, professor of economics at the London School of Economics and Political Science, says the Cyprus deal is terrible for the island as it will destroy SMEs and the financial services sector which accounts for 40% of GDP.
Silvio Berlusconi repeated a demand on Monday to be included in any new Italian government, but there was no sign his center-left rival would renege on a promise not to ally with the tycoon as a way out of political stalemate.
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Kevin Norrish, head of EMEA and Asia commodities research at Barclays, says the oil price has been relatively stable but investors have been kept "on edge" by the Ukraine crisis.
Ben Williams, investment director at GAM, says Japanese companies will see "record-high" earnings in 2014, with strong dividend repayments.
Brady Dougan, CEO of Credit Suisse, says the U.S. tax issue for the company is "complex" and it is hard to predict what the solution will be.