Europe News


  • Ireland gets ready to exit international bailout Sunday, 13 Oct 2013 | 1:03 AM ET
    Irish Prime Minister Enda Kenny

    Ireland will become the first euro zone country to exit an international bailout in mid-December.

  • Berlusconi wants community service instead of jail Friday, 11 Oct 2013 | 3:38 PM ET
    Silvio Berlusconi

    Berlusconi has formally asked to do a year of community service rather than be jailed or put under house arrest after his conviction for tax fraud.

  • A British court will this week consider whether attempted manipulation of the benchmark interest rate Libor can invalidate loans and other deals.

  • The dollar's role as the world's leading reserve currency is at risk due to the political impasse in the U.S., a European Central Bank official said.

  • Washington shutdown hits UK contractors Friday, 11 Oct 2013 | 11:07 AM ET

    Hundreds of employees from some of Britain's biggest contractors are temporarily out of work, as a result of the U.S. political stalemate that has led to a partial shutdown of the country's government.

  • Landsdowne grabs huge stake in Royal Mail sell-off Friday, 11 Oct 2013 | 2:42 AM ET

    Hedge funds and sovereign wealth funds take the lion's share in the Royal Mail privatization as shares soar in conditional trading.

  • Energy leaders warn of blackouts across Europe Friday, 11 Oct 2013 | 5:36 AM ET

    The European Union needs to change its policies toward energy subsidies, regulations and emissions targets, the chief executives of Europe's leading energy companies told CNBC on Friday.

  • Sterling watchers wary of 'shaky' UK recovery Friday, 11 Oct 2013 | 7:55 AM ET
    Pound coin

    Sterling may be near nine-month highs against a basket of currencies but for some forex strategists, time is running out for the pound's rally.

  • Wal-Mart’s UK store sparks coupon stampede Friday, 11 Oct 2013 | 8:12 AM ET

    Shoppers across Britain are anxious to see if their Asda grocery deliveries will arrive, after cashing in £50 ($80) vouchers accidentally issued by the supermarket.

  • Lights, camera, action! London's film fest launched Friday, 11 Oct 2013 | 7:46 AM ET

    As Hollywood stars hit the red carpet in London for the capital's annual film festival, one British filmmaker told CNBC the film industry was undergoing a transformation that will allow it to survive.

  • Iberdrola CEO: Miliband lacks 'knowledge and power' Friday, 11 Oct 2013 | 7:55 AM ET
    Labour Leader Ed Miliband

    The Chairman and CEO of Spanish energy company Iberdrola has criticized U.K. opposition leader Ed Miliband for threatening to freeze energy bills for consumers.

  • Italy seeks Alitalia rescue as creditors circle Friday, 11 Oct 2013 | 2:12 AM ET

    Alitalia, the Italian national airline that has made a profit only a few times in its 67-year history, once again risks collapsing as the government scrambles to find investors willing to rescue its problem child.

  • UK whistleblowers could get US-style payouts Thursday, 10 Oct 2013 | 5:51 AM ET

    Workers who become witnesses for the U.K. state in cases of corporate crime could be in line for payouts, under new proposals being considered.

  • Where are the ultra-rich finding their next home? Thursday, 10 Oct 2013 | 8:00 AM ET
    View of seaport in the sunlight, Villefranche-sur-Mer, Cote d'Azur, South France

    The French Riviera hasn't lost its cachet, topping the list of prime residential enclaves for the ultra-wealthy, according to research from Savills.

  • Head-over-hoof: Horse sells for record $8 million Thursday, 10 Oct 2013 | 10:03 AM ET

    For Tattersalls bloodstock auction in Suffolk, U.K., selling thoroughbred racing horses is big business. This week has demonstrated just how big.

  • Russians in $200K bar tab battle or 'receipt porn?' Thursday, 10 Oct 2013 | 9:08 AM ET

    Two Russian multimillionaires racked up a $207,116 bill between them in a head-to-head contest at a London nightclub, to see who could amass the biggest bar tab.

  • Jimmy Choo lacked 'creative vision' for shoe design Thursday, 10 Oct 2013 | 2:01 AM ET

    Tamara Mellon, the co-founder of the luxury brand Jimmy Choo, told CNBC that her former business partner Choo did not have the "creative vision" to design shoes.

  • British public flock to Royal Mail share offer Thursday, 10 Oct 2013 | 1:28 AM ET

    Britain's biggest privatization in decades captured the imagination of the public, with 700,000 individuals applying for seven times the number of Royal Mail shares on offer to private investors.

  • Breakaway rugby championship seeks a better deal Thursday, 10 Oct 2013 | 7:42 AM ET

    The breakaway Anglo-French rugby championship will take on the the Heineken Cup by being a "better deal", the Saracens chairman told CNBC.

  • Yuan moves one step closer to global currency Thursday, 10 Oct 2013 | 8:33 AM ET

    China launched a currency swap deal with the euro zone on Thursday, in the country's latest push to transform the yuan into a major world currency.

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