European leaders are beginning a two-day summit on Thursday in an attempt to sign off on a banking union deal before the weekend.» Read More
Rio Tinto, the mining giant, was in turmoil Thursday morning after the abrupt departure of its chief executive and the announcement of a $14 billion writedown.
Richard Perks, director of retail research at Mintel International, tells CNBC who won and who lost in the Christmas trading.
Criminal masterminds and Hollywood scriptwriters have been put on notice. Germany's central bank is planning to shift 54,000 gold bars worth 27 billion euros from Paris and New York to its base in Frankfurt. The FT reports.
Karen Cho takes you through the European market open, where the rally seems to be running out of steam.
Hedge funds are betting that a prolonged consumer squeeze and a further shift to online shopping could spell trouble for Britain's retail chains.
Martin Gilbert, CEO of Aberdeen Asset Management, tells CNBC that they are seeing very strong flows into equities which have continued into the first quarter of this year.
Carrefour, Europe's biggest retailer, said fourth-quarter like-for-like sales rose 0.4 percent, reflecting further signs of improvement in its core French market but still difficult trading conditions in austerity-hit Spain and Italy.
Many critics remain skeptical of the Euro zone's future despite Greece's apparent progress. Kingsley Jones, Founder and CIO, Jevons Global believes the EU is in so deep in sovereign debt, it has little choice except to continue lending.
David Roche, Global Strategist, Independent Strategy predicts a big crash in safe-haven bond markets in 2013. He also sees a manufacturing-led recovery for the global economy.
Greece's bailout program is moving in the right direction, the head of the International Monetary Fund said on Wednesday after the IMF board agreed to pay the next aid tranche to Athens under the country's 240-billion-euro international bailout.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including
HSBC, which had forecasted gold prices would hit $2000 per ounce in the second-half of 2012, is now paring back its forecasts for 2013.
The EU without Britain would be like "fish without chips", the prime minister of Finland said on Wednesday as he made a case for Britain remaining an influential player in Europe.
A spat has broken out between Hungary's Economy Ministry and Roubini Global Economics about who is to blame for the downward spiral of the national currency, the forint, after Roubini's firm Roubini Global Economics(RGE) recommended shorting the currency.
CNBC's Ross Westgate reports on all the market moving events from around the globe, as the euro moves into positive territory.
Europeans' appetite for turkeys and Christmas getaways pushed up the cost of living in the euro zone in December, but the European Central Bank expects the rate of inflation to cool this year.
Europe's banks are have become less reliant on central bank funding, European Central Bank policymaker Ewald Nowotny told CNBC on Wednesday.
Ewald Nowotny, governor of the Austrian Central Bank and ECB policymaker, speaks to CNBC about the outlook for the euro zone in 2013 and the levels of growth expected.
Germany’s economic strength is showing increased signs of fading, as the euro zone crisis continues.
As southern euro zone countries groan under the weight of austerity measures, the Baltic country Latvia has been so enthusiastic and seemingly successful in its application of austerity measures that even the International Monetary Fund (IMF) has warned Latvia to not go too far.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Contrarion investors have not had a good year in 2013 as the continuation of the global equities rally led to one of the biggest momentum years since 1998, according to strategists at Citi
Kevin Frija, CEO at Vapor Corp, says the FDA is unlikely to ban e-cigarettes but that regulations are needed "for clarity". Growth will continue even if they're treated as traditional cigarettes, he argues.
Greg McBride, senior financial analyst at Bankrate.com, says that the Fed's tapering announcement had little impact on mortgage rates which should continue their "slow grind higher" through 2014.