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  • UK Government Faces $13.7 Billion Budget Hole Friday, 17 May 2013 | 1:15 AM ET

    George Osborne's attempt to slash £11.5bn off public spending in election year has run into cabinet trouble, after ministers identified only £2.5bn in cuts to their budgets.

  • Grading Central Bankers: Draghi Bottom of Class Friday, 17 May 2013 | 12:49 AM ET
    Haruhiko Kuroda, Japan's BOJ Governor

    As the school year draws to a close, report cards are in for some of the world's most influential central bankers as well. Here's who passed with flying colors and who didn't make the grade.

  • Italian Government 'History': Grillo Friday, 17 May 2013 | 12:49 AM ET
    Beppe Grillo, leader of the Movimento 5 Stelle, Five Star Movement

    Traditional parties that make up Italy's coalition government will become history, Beppe Grillo, the leader of the anti-establishment "Five Star Movement" told CNBC.

  • Spain's Biggest Bank Says Economy’s Bottomed Out Thursday, 16 May 2013 | 11:03 PM ET

    Spain may have sank deeper into recession in the first quarter, but the executive director of the euro zone's largest bank says the economy will bottom out this quarter and sees green shoots appearing.

  • Global Tail Risks Reducing: Pro     Thursday, 16 May 2013 | 8:40 PM ET

    Bruce Kasman, Chief Economist & Managing Director of Global Research at JP Morgan says that the global environment is shifting in favor of risky assets with reduced tail risks after global central bank moves.

  • Croatia Gets Germany's Blessing to Join EU Thursday, 16 May 2013 | 1:36 PM ET

    Germany's lower house of parliament approved Croatia's entry to the European Union on Thursday, clearing the last formal hurdle for the former Yugoslav republic to enter the bloc.

  • European Markets Close Mixed     Thursday, 16 May 2013 | 11:31 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, as shares turned negative after downbeat economic data from the U.S.

  • European Markets Close Lower     Thursday, 16 May 2013 | 11:30 AM ET

    Louisa Bojesen takes you through the European market close, where stocks are slightly lower after US earnings data.

  • RBS to Cut 1,400 Jobs as Restructuring Continues Thursday, 16 May 2013 | 11:09 AM ET

    The Royal Bank of Scotland said it would cut 1,400 jobs over the next two years as it continues to restructure its operations.

  • France Needs Deep Structural Change: Pro     Thursday, 16 May 2013 | 11:00 AM ET

    Nader Mousavizadah, co-founder of Macro Advisory Partners, tells CNBC that France is up against some deep structural challenges.

  • Beckham to Retire from Soccer at End of Season Thursday, 16 May 2013 | 10:41 AM ET
    David Beckham

    David Beckham is retiring from soccer after the season, ending a career in which he become a global superstar since starting his career at Manchester United.

  • France's Hollande Calls for 'Euro Zone Government' Thursday, 16 May 2013 | 10:35 AM ET
    French President Francois Hollande

    French President Francois Hollande called on Thursday afternoon for a euro zone government with its own budgetary capacity, a harmonized tax system and a president.

  • SocGen Russia CEO Faces 7 Years on Bribery Charges Thursday, 16 May 2013 | 9:38 AM ET

    The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.

  • Swiss-Chinese Free Trade: And the Winners Are… Thursday, 16 May 2013 | 6:49 AM ET

    Watchmakers Swatch Group and Richemont as well as elevator maker Schindler are among Swiss stocks that stand to gain significantly from a potential free trade agreement between Switzerland and China, analysts told CNBC.

  • Guillotine Set to Fall as French Economy Tanks Thursday, 16 May 2013 | 6:36 AM ET
    France Finance Minister, Pierre Moscovici

    France's fall back into recession is likely to pile more pressure on the country's finance ministry, at a time when infighting has already led one senior politician to fuel rumors that Finance Minister Pierre Moscovici could be replaced.

  • Will China Buy Up Greece's Best Assets? Thursday, 16 May 2013 | 5:14 AM ET

    Greek Prime Minister Antonis Samaras headed to China on Wednesday, amid hopes that the world's second largest economy can revive one of the euro zone's most debt laden countries.

  • S&P Won't Hit 2,500 Until 2017: Strategist Thursday, 16 May 2013 | 4:15 AM ET

    As the rally in global equity markets continues, with the S&P 500 closing at a fresh high on Wednesday, Rosenblatt Securities' Brian Reynolds warned that the index is still some way off the 2,500 level.

  • Is Greece China's Entrance to the EU?     Thursday, 16 May 2013 | 3:45 AM ET

    Costas Michalos, president of the Athens Chamber of Commerce, comments on bilateral talks between Greece and China and why China is interested in investing in the country

  • Britain's 'Heralded' Co-operative Bank Stumbles Thursday, 16 May 2013 | 2:58 AM ET

    One of Britain's smaller banks, championed by lawmakers as an alternative to institutions like Barclays and Royal Bank of Scotland, is floundering. The New York Times reports.

  • How 'Brixit' Could Affect UK Business, Economy Thursday, 16 May 2013 | 2:54 AM ET

    U.K. business experts told CNBC what a U.K. exit from the EU - its biggest trading partner - would mean for the country's businesses and economy.

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  • A yes vote in the upcoming Scottish independence referendum could lead some insurers to move their headquarters to London, says Mark Nicholson, associate director at Standard & Poor's Rating Services.

  • The U.S. Federal Reserve remains data dependent and will not bow to hawks, says Mark Haefele, global chief investment officer at UBS, as Janet Yellen continues to make the argument that there is slack in the labor market.

  • European shares closed lower on Friday as tensions in Ukraine flared up once again. It comes after stocks fluctuated as U.S. Federal Reserve Chair Janet Yellen spoke about the labor market in Jackson Hole, Wyoming.