Germany, the euro zone's largest economy, is on track for a recovery thanks to a pick-up in demand for its products from abroad, the Bundesbank said on Tuesday.» Read More
Here is a question that is exercising central bankers everywhere, particularly those that have embarked on asset purchase and “quantitative easing” (QE) schemes. What to do with one’s billions?
Taxi drivers and hire companies are warning of a worsening shortage of London black cabs that will coincide with the run-up to Christmas, traditionally the busiest time of year for the trade. The FT reports.
Eurozone leaders have given themselves three weeks to finalize an overhaul of Greece’s bailout program, requiring parliamentary backing in creditor countries that are skeptical about reducing Athens’ interest rate burden. The FT reports.
A clear victory by President Obama would boost risk sentiment, this pro says - but not for long.
European equities were lifted by a clutch of strong earnings reports on Tuesday, although volumes were subdued as many preferred to wait for the outcome of the neck-and-neck U.S. Presidential campaign.
When cracks recently appeared in beams of the European Parliament ’s main chamber, forcing its closing, one member, Nigel Farage of the U.K. Independence Party, proclaimed that he would “work for the day that the whole democratic facade of the European Parliament is shut as well,” the New York Times reports.
New measures to ease costs for average Germans come at a time when Chancellor Angela Merkel has been pressing struggling European partners to slash public spending. The changes underscore just how uneven the economic outlook is across the continent. The New York Times reports.
Challenging economic conditions may persist in Britain, especially for the retail sector, but two stocks are set defy the gloom and shine in the seasonal shopping period, analysts say.
Investors should brace themselves for a sharp drop in stocks following a rally that started in June and moved towards a peak following the announcement of a third round of quantitative easing (QE3) in the United States, David Murrin, CEO at Emergent Asset Management said on Tuesday.
The Aussie lifts on interest rate inaction and the euro slips on Greece - it's time for your FX Fix.
Global financial reform efforts are falling behind schedule, regulators have conceded. They are giving the biggest banks extra time to write so-called “living wills” and acknowledge that fewer than one-third of the big financial centers will have Basel III rules in place on time. The FT reports.
The European markets closed lower on Monday as investors remained cautious ahead of Tuesday’s U.S. presidential election. Investors across the globe are nervous as to how the U.S. will contend with an automatic $600 billion in spending cuts and tax hikes at the end of the year — known as the fiscal cliff — after the election.
The dollar gets a safe-haven lift and the Turkey reaches investment grade — it's time for your FX Fix.
Wall Street employees, whose paychecks have often been cut in recent years, are likely to get a slight bump in their bonuses this year. The catch: the increase will come on top of one of the worst years for bank pay in recent memory.
With an external trade surplus of nearly 6 percent of GDP (gross domestic product), virtually balanced public sector accounts and stable prices, Germany has plenty of room for a vigorous stimulation of its stagnant domestic demand.
If Spain becomes the next euro zone economy to seek a bailout by international lenders, low-cost airline Ryanair might be one company to benefit, according to its chief executive.
Germany is leading a growing European movement to let newspaper publishers charge internet search engines for displaying links to their articles — a move market-leader Google warns could cause an internet news blackout, the Financial Times reports.
Economic troubles abroad are forcing Wall Street and corporate America to play a game of global arbitrage, in a frantic attempt to eke out profits wherever they can be found.
The U.S. election is - finally - almost upon us, and this strategist has a currency trade.
Today's nonfarm payroll report boosted hopes for the economic recovery in the U.S., but different winds are blowing in Europe.
Further unrest in the South African mining sector has increased the chances of another credit rating downgrade, an analyst told CNBC.
The big divergence over the past few months in the direction of the S&P 500 and copper.
Citigroup's Jonathan Stubbs told CNBC that European equities have "rarely" been so appealing to investors.
Rumors that Brazil's social security fund called Bolsa Familia was to be cancelled led to a bank run over the weekend.
An independent Scotland is at risk of a Cyprus-style banking crisis, as its banking sector would be "exceptionally large."
As U.K. Prime Minister David Cameron heads to Brussels this week to discuss EU tax policies, he knows there are far more taxing questions at home regarding regarding the EU.
Louisa Bojesen takes you through the European market close, where stocks have come in lower on Fed fears.
Eric Wasserstrom, managing director at Suntrust Robinson Humphrey, tells CNBC that in his own view the Jamie Dimon JPMorgan vote is unlikely to garner sufficient support to compel the board to make a change.
Jed Kolko, chief economist at Trulia, tells CNBC that the housing starts tumble is likely to be a blip and should recover next month.