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  • Schneider agrees $5.2 billion takeover of Invensys Wednesday, 31 Jul 2013 | 4:32 AM ET
    A job seeker (R) shakes hands with a recruiter.

    France's Schneider Electric is to buy British engineer Invensys for an agreed 3.4 billion pounds ($5.2 billion) to strengthen its high-margin industrial automation business.

  • Diageo profit up after 'rocky' emerging market ride Wednesday, 31 Jul 2013 | 3:15 AM ET

    Diageo remains confident about China despite a slowdown in growth in the world's second-biggest economy as the spirits group reports 18 percent growth in operating profit in emerging markets.

  • EADS changes name to Airbus, raises jet order goal Wednesday, 31 Jul 2013 | 2:10 AM ET
    An Airbus A320 - similar to the aircraft used by Air Algerie.

    Europe's EADS on Wednesday confirmed plans to reorganize in three divisions and change its name to Airbus, adopting the look and feel of its arch-rival Boeing in a bid to become more competitive.

  • Expect 'radical changes' from the Bank of England Wednesday, 31 Jul 2013 | 1:45 AM ET

    The Bank of England's (BoE) rate decision on Thursday marks the start of a key week in the tenure of new governor Mark Carney with some analysts expecting "radical changes."

  • BNP Paribas profit falls, expands in Germany Wednesday, 31 Jul 2013 | 1:19 AM ET

    French banking group BNP Paribas said on Wednesday it was expanding its business in Germany, hiring 500 people over the next three years.

  • Deutsche Bank profit misses, hit by legal charges Tuesday, 30 Jul 2013 | 12:04 PM ET

    Deutsche Bank pledged to cut risky assets from its balance sheet in response to regulatory concerns, as quarterly profit missed expectations, hit by a 630 million euro ($834.97 million) hike in litigation reserves.

  • UBS CEO: buyback of toxic asset fund to boost capital Tuesday, 30 Jul 2013 | 12:03 PM ET

    The Swiss National Bank is selling back to UBS this year the once-toxic assets it shouldered at the height of the financial crisis, which have since become profitable.

  • BP CEO hits out at class action lawsuits Tuesday, 30 Jul 2013 | 11:59 AM ET
    Robert "Bob" Dudley

    Class action lawsuits like the ones BP is facing in the U.S. are a "business model" that serves only to benefit attorneys, the chief executive of BP told CNBC.

  • Schneider nearing $5 billion Invensys deal: reports Tuesday, 30 Jul 2013 | 11:28 AM ET
    Jean-Pascal Tricoire, CEO of Schneider Electric

    France's Schneider Electric is nearing a 3.3 billion pounds ($5.07 billion) deal to acquire British engineer Invensys and could announce the agreement at its results on Wednesday, three people with direct knowledge of the matter said.

  • Media's 'new emerging market' is Europe: CEO Tuesday, 30 Jul 2013 | 11:18 AM ET

    There is no better time to be in the media business than right now and Western Europe is looking like a new emerging market, said Discovery CEO David Zaslav.

  • Morsi meets EU representative as violence continues Tuesday, 30 Jul 2013 | 8:39 AM ET

    Violence has continued across Egypt over the past 24 hours, as European Union foreign policy chief Catherine Ashton confirmed on Tuesday that she had met ousted President Mohamed Morsi.

  • Brighter euro zone data offers scope for ECB rate cut Tuesday, 30 Jul 2013 | 6:02 AM ET

    An improvement in economic sentiment in the euro zone area adds to evidence that the crisis in the region is easing, analysts said on Tuesday, but the recovery remains weak.

  • IMF approves $2.3 billion aid for Greece Tuesday, 30 Jul 2013 | 3:44 AM ET

    The International Monetary Fund on Monday approved a further 1.7 billion euros in funds for Greece's bailout program after completing the fourth review of the euro zone state.

  • German consumer morale near 6-year high Tuesday, 30 Jul 2013 | 3:09 AM ET

    German consumer confidence rose to its highest level in nearly six years, shoring up expectations that household spending will help it withstand weak demand for its exports.

  • Spain economy contracts again, could reverse trend Tuesday, 30 Jul 2013 | 2:40 AM ET

    Despite contracting for the eight consecutive quarter in the second quarter of 2013, Spain's economy was signaling that it could return to growth soon, analysts said.

  • Santander's first-half net profit rises 29% Tuesday, 30 Jul 2013 | 2:30 AM ET
    Bank of Santander Headquarters

    Spain's biggest bank Santander on Tuesday said net profit rose 29 percent in the first six months of 2013 to 2.25 billion euros ($2.98 billion).

  • Europe’s CEOs ‘no longer the most pessimistic’ Tuesday, 30 Jul 2013 | 1:45 AM ET

    Business confidence among European CEOs bounced to a two-year high in the second quarter, according to a new survey, with these executives now more optimistic than those in Latin America.

  • It's time for European stocks to shine Tuesday, 30 Jul 2013 | 12:48 AM ET

    The beleaguered euro zone economy is set for a comeback this year, and that should drive stocks in the region higher by up to 10 percent in the coming weeks, analysts told CNBC.

  • Why managing God's money isn't easy Monday, 29 Jul 2013 | 7:01 PM ET
    Archbishop of Canterbury Justin Welby

    The Archbishop of Canterbury's attempt to take on controversial pay-day lender Wonga exposed the Church of England to accusations of hypocrisy, but it shouldn't deter the Church.

  • French diamond heist loss raised to $136 million Monday, 29 Jul 2013 | 12:26 PM ET
    French policemen investigate outside the Carlton Hotel on July 28, 2013 in the French Riviera resort of Cannes.

    Police are searching for a man who was wearing gloves, a cap and a scarf to mask his face while sneaking into the diamond show in a luxury Cannes hotel.

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