Europe News


  • G-20 pushes for growth despite market turbulence Saturday, 20 Jul 2013 | 12:09 PM ET
    Participants of the G20 Finance Ministers and Central Bank Governors' meeting on July 20

    The G-20 pledged to put growth ahead of austerity and shift policy carefully so that recovery is not derailed by market volatility.

  • Europe 'not ready' to end expansive policy Saturday, 20 Jul 2013 | 8:46 AM ET
    European Central Bank

    The time has not yet come for Europe to exit expansive monetary policy, ECB policymaker Jens Weidmann said on Saturday.

  • Three die in Egypt clashes as Morsi supporters rally Saturday, 20 Jul 2013 | 6:51 AM ET
    Supporters of the Muslim Brotherhood in Cairo on July 16

    Three Egyptians were killed after thousands rallied in Egyptian cities demanding the reinstatement of deposed President Mohamed Morsi.

  • World needs US economy off steroids: OECD’s Gurria Friday, 19 Jul 2013 | 4:44 PM ET
    Angel Gurria

    The secretary general of the Organisation for Economic Co-operation and Development (OECD) told CNBC he is all for the Federal Reserve's move to scale back its $85 billion per month bond buying program.

  • G-20 finance ministers try to avoid market turmoil Friday, 19 Jul 2013 | 12:33 PM ET
    Russia's Anton Siluanov at the G-20 finance ministers' meeting in Moscow.

    The Group of 20 nations, wary of renewed market volatility, is stressing the need to shift policy carefully and communicate clearly as countries try to chart a course to recovery.

  • Forward guidance? Sterling could be about to fall Friday, 19 Jul 2013 | 10:07 AM ET

    U.K. and U.S. monetary policies looks set to diverge, sending sterling falling against the dollar, according to HSBC's David Bloom.

  • UK bookmakers cash in on royal baby bets Friday, 19 Jul 2013 | 7:13 AM ET

    There seems to be nothing out of bounds to bet on in the world of online gambling. And in the U.K., this holds true with the eagerly awaited royal baby too.

  • 'Alarming' unemployment could get worse: ILO Friday, 19 Jul 2013 | 6:13 AM ET
    A job seeker searches for opportunities at an Illinois Employment and Training Center.

    Unemployment will likely soar further in the group of 20 major economic powers without immediate action, the Director General of the International Labor Organization told CNBC on Friday, comparing the jobs crisis to the 2008-2009 financial crisis.

  • Cold War gadgets…inspired by Bond Friday, 19 Jul 2013 | 5:46 AM ET

    The Central Intelligence Agency (CIA) found inspiration for its gadgets from the fictional "James Bond" series, according to new research by a U.K. university.

  • Royal baby, golf and cricket: betting heats up  Friday, 19 Jul 2013 | 3:45 AM ET

    Rory Scott, U.K. public relations manager at Paddy Power, discusses betting odds on cricket and golf ahead of the week end's events as well as on the awaited royal baby.

  • Why Portugal has to 'save itself' by Sunday Friday, 19 Jul 2013 | 3:44 AM ET
    Portugal's parliament votes during a non confidence bid on Thursday.

    Portugal's government survived a vote of no confidence on Thursday, but a self-imposed deadline to come to an agreement over the country's bailout looms on Sunday.

  • Vodafone hit by Germany and Italy woes Friday, 19 Jul 2013 | 3:08 AM ET

    Vodafone posted an as expected first-quarter 3.5 percent drop in its key organic service revenue as increasing competition in Germany and Italy wiped out improvements in India.

  • Citi says shun this best-performing bank stock Friday, 19 Jul 2013 | 2:46 AM ET
    The Canary Wharf business district in London.

    Analysts at Citi on Friday released a note to warn of their "neutral" rating on top-performing banking stock, offering alternative investing advice and telling investors to stay away from the "love-in".

  • Beacon focus of Boeing fire probe; investors on edge Friday, 19 Jul 2013 | 1:53 AM ET

    British aviation investigators identified an emergency beacon made by Honeywell International as a likely source of last week's blaze on a Boeing Co 787 Dreamliner and called for it to be turned off, spurring a rally in Boeing shares.

  • Cook hot dogs, add champagne, and make money Friday, 19 Jul 2013 | 1:02 AM ET
    A hot dog from Bubbledogs, which serves gourmet hot dogs with fine champagne

    As London becomes more accustomed to American quality fast-food, the Brits can't help but add a bit of class: champagne goes really well with hot dogs.

  • How to get rich, Russian billionaire edition Friday, 19 Jul 2013 | 12:47 AM ET

    Russia's top ten billionaires are all self-made businessmen who made their fortunes in the chaotic business world that followed the collapse of the Soviet Union in 1991.

  • Vivendi spurns $8.5 billion Universal Music bid Thursday, 18 Jul 2013 | 11:17 PM ET
    Jean-Bernard Lévy, Chm & CEO, Vivendi

    SoftBank proposed an $8.5 billion bid for Universal Music about three months ago but was turned down, according to several people familiar with the proposal. The FT reports.

  • Dubai offers dieters gold for shedding pounds Thursday, 18 Jul 2013 | 8:13 PM ET

    Dubai has once again outdone the world in flashy extravagance by tantalizing dieters with a one-time offer: a gram of gold for every kilogram (2.2 pounds) lost over the course of a one-month challenge.

  • Lew to Europe: Focus on growth and jobs Thursday, 18 Jul 2013 | 8:00 PM ET
    U.S. Treasury Secretary Jack Lew

    At a G20 meeting, US Treasury Secretary Jack Lew has told Europe it is time to focus on boosting growth as President Obama has done since the 2008 financial crisis.

  • Ex-Greek minister: Greece needs a 40% debt haircut Thursday, 18 Jul 2013 | 12:17 PM ET

    Petros Doukas, Greece's former deputy finance minister, has said the country needs a "sizable haircut" of 40 percent on its current debts.

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