Europe News


  • Is a perfect storm brewing in euro zone? Thursday, 18 Jul 2013 | 5:57 AM ET

    Growing political tensions in a number of euro zone countries could lead to a renewed bout of instability on the continent.

  • One of Putin's biggest critics gets 5 years in jail Thursday, 18 Jul 2013 | 5:19 AM ET

    A Russian judge sentenced protest leader Alexei Navalny to five years in prison on Thursday after convicting him of large-scale theft.

  • Europe earnings pounded by China exposure Thursday, 18 Jul 2013 | 4:50 AM ET

    In the first big day of earnings in Europe there was one word on every CEO's lips: China.

  • Nasdaq chairman warns about 'bubbly valuations' Thursday, 18 Jul 2013 | 4:36 AM ET

    Nasdaq OMX chairman Borje Ekholm warned of "bubbly valuations" in financial markets as a result of ultra-loose monetary policy from the world's largest central banks.

  • Publicis CEO: Digital, US rebound driving revenues Thursday, 18 Jul 2013 | 3:49 AM ET
    Publicis CEO Maurice Levy

    Publicis CEO Maurice Lévy said on Thursday that growth in U.S. ad spending and digital had helped the company's sales accelerate in the second quarter.

  • Greece to fire thousands more public workers Thursday, 18 Jul 2013 | 3:32 AM ET
    Demonstrators protest against the Greek Government, July 17, 2013 in front of the parliament as lawmakers prepared to vote on a controversial new austerity package.

    Greece's shaky coalition government scraped through a vote on Wednesday on a bill to sack public sector workers as thousands chanting anti-austerity slogans protested.

  • Europe banks plan to hike wages to offset bonus cap Wednesday, 17 Jul 2013 | 9:06 PM ET

    European banks plan to raise executive base salaries to counter regulation-driven bonus cuts, undermining the effectiveness of the planned variable pay cap in bringing down pay.

  • Greek PM Samaras caught swearing on camera Wednesday, 17 Jul 2013 | 1:24 PM ET

    It's not every day that you catch a national leader drop the F-bomb. But Greek Prime Minister Antonis Samaras appeared to do just that when recording a TV address on sales taxes.

  • China blocks Glaxo finance head from leaving Wednesday, 17 Jul 2013 | 12:07 PM ET
    GlaxoSmithKline Shanghai headquarters

    China is barring a GlaxoSmithKline executive from leaving the country amid a widening $490 bribery scandal ensaring the drug giant.

  • Has BoE's Carney got the edge over Bernanke? Wednesday, 17 Jul 2013 | 11:30 AM ET

    Wednesday may have been a big day for the U.S. Federal Reserve, but it was the Bank of England that turned heads on the other side of the Atlantic.

  • Italy's central bank sees even steeper decline for economy Wednesday, 17 Jul 2013 | 11:18 AM ET
    An Italian cafe

    Italy is heading for an even more severe economic downturn than previously forecast, and will contract by 1.9 percent this year, the country's central bank said on Wednesday.

  • London’s latest skyscraper space is half-booked Wednesday, 17 Jul 2013 | 10:03 AM ET

    More than half of the office space in London's new "Walkie Talkie" skyscraper has been pre-let, the building's developer said on Wednesday.

  • Brussels interns protest working conditions, lack of pay Wednesday, 17 Jul 2013 | 9:48 AM ET
    Interns gather for the 'sandwich protest'

    Interns working for some of Europe's top institutions and non-governmental organizations in Brussels are set to protest working conditions on Wednesday.

  • The latest report from the U.K.'s Office of Budgetary Responsibility (OBR) showed that despite the "austerity rhetoric", the government is nowhere near its deficit reduction targets.

  • Formula One's Ecclestone charged in German bribe case Wednesday, 17 Jul 2013 | 7:25 AM ET
    Bernie Ecclestone

    Formula One Chief Executive Bernie Ecclestone has been indicted in Germany in a case relating to the sale of a stake in the motor racing business eight years ago.

  • Barclays to fight $453 million power fine in US court Wednesday, 17 Jul 2013 | 6:49 AM ET

    Barclays will contest a record $453 million fine imposed by a U.S. energy regulator against the British bank and four of its power traders, setting up a likely federal court battle.

  • Bank of England unites against QE under Carney Wednesday, 17 Jul 2013 | 4:43 AM ET

    The Bank of England's monetary policy committee voted unanimously against increasing its bond-buying program this month, minutes of new governor Mark Carney's first meeting revealed on Wednesday.

  • UK jobless claimant count falls more than expected Wednesday, 17 Jul 2013 | 4:43 AM ET

    The number of Britons claiming unemployment benefit fell for an eighth consecutive month in June and at its fastest rate for three years.

  • EU commissioner calls for troika to be abolished Wednesday, 17 Jul 2013 | 3:50 AM ET

    EU Justice Commissioner Viviane Reding has called for the "troika" of the European Commission, the European Central Bank and the International Monetary Fund to be dissolved.

  • Greece faces September funding gap: Report Wednesday, 17 Jul 2013 | 2:20 AM ET

    Greece needs another 10 billion euros ($13.1 billion) by September to plug a funding gap which could threaten the disbursement of further aid, Sueddeutsche Zeitung cited a senior official from the European Commission as saying Wednesday.

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