An international study on recessions and governments' responses to them has found that cuts to healthcare systems prompted by fiscal austerity are making matters far worse - for both governments and society.» Read More
The OECD slashed its global growth forecasts on Tuesday, warning that the debt crisis in the recession-hit euro zone is the greatest threat to the world economy.
Even as markets have been focused on a potential bailout for Spain, analysts say Italy, which is heading for a protracted recession, may also need aid in 2013.
Sabina Kaylan, European head of research at CBRE Investors, tells CNBC why there are new opportunities to invest in northern European real estate.
Francesco Filia, CEO and CIO of Fasanara Capital, tells CNBC why he expects there to be a 20 percent rise in European equity markets over the next three to four months.
François Hollande demanded on Tuesday that Lakshmi Mittal, the steel magnate, guarantee the long-term future of workers at a disputed plant in northern France or face the threat of a state takeover of the operations.
Junior debt holders in Spain's Bankia could lose as little as 10 percent of the face value of their investment as a condition for the nationalized lender to receive European aid, a source involved in the talks said.
It's not that investors don't like the Greek aid deal. They're just not that into it.
European shares edged higher on Tuesday after an agreement by international lenders to cut Greece's debt gave some short-term support to investor sentiment.
In Germany, 61 percent of all apprentices receive full-time employment at the company where they train. And the rate is growing, according to the latest statistics from the Association of German Chambers of Commerce and Industry, DIHK.
You might think this latest twist in the Greek drama would be a plus for the euro, but you would be wrong.
A Greek aid deal briefly lifts the euro and the OECD issues a warning — it's time for your FX Fix.
The latest Greek debt deal is at the behest of German Chancellor Angela Merkel and the needs of the domestic political landscape there rather than about ensuring Greece’s long term economic well- being, one analyst told CNBC Tuesday.
Hours after euro zone finance ministers and the International Monetary Fund (IMF) arrived at a much-awaited deal to help Greece reduce its debt, sending risk assets higher, market experts began expressing doubt over whether this deal will be successful in resolving the nation’s long-term debt troubles.
Lakshmi Mittal is meeting with France's president over accusations of “lying” and “blackmail."
Europe is preparing to follow the United States in delaying the introduction of stricter rules on bank capital, while it lobbies for a rethink of the U.S. stance, EU sources said.
Two-thirds of chief executives and chief financial officers from around the world view the euro zone crisis as an opportunity to gain competitive advantage over rivals, according to a survey by global consultancy firm Accenture.
Euro zone, IMF reach deal on cutting long-term Greek debt, Lehman to sell Archstone to Equity Residential, US Airways Says Sandy Cost $35 Million in Profits, Facebook shares jump 8.1%, RIM stock has a one month rebound.
Charles Dallara, Managing Director, Institute of International Finance says that no amount of disbursement will help Greece, if economy remains stagnant.
Think the fiscal cliff has been priced into currency markets? Think again, this strategist says.
European shares ended a five-day winning streak on Monday as a slump in Barclays after a shareholder sold warrants in the company resulted in it leading both financial stocks and the broader market lower.
Sterling tumbled following minutes released by the Bank of England and disappointing retail sales, as the IMF warned the U.K. is at risk of "permanent damage."
Microsoft unveiled its next generation console Xbox One on Tuesday, but it was its inclusion of live TV, rather than its gaming capabilities that set tongues wagging.
Rallies have to end sometime for sure, but history suggests the current one doesn't have to end anytime soon.
German business software company SAP will start to employ people with autism as software testers, programmers and data quality assurance specialists across the world.
Teen use of Twitter has grown significantly, a new report shows, as Facebook loses market share. Here's why.
What Warren Buffett once called "financial weapons of mass destruction" are firing again.
Louisa Bojesen takes you through the European market close, where stocks are sharply lower.
James Bullard, member of the Federal Reserve, tells CNBC why the US economy has taken longer than expected to recover, despite the huge amounts of stimulus.
Jan Randolph, head of sovereign risk at IHS Global, tells CNBC that the financial system is representative of two drunks: the financial markets and the real economy.