German business morale rose far more than expected in May, suggesting Europe's largest economy is picking up steam after posting anaemic growth in the first quarter.» Read More
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.
European shares closed higher on Friday after U.S. non-farms payrolls data showed the economy added 171,000 new jobs in October and unemployment steadied out at 7.9 percent.
China and Brazil face opposite problems and should take tips from each other, according to Capital Economics.
News that the Swedish capital of Stockholm has been hit by three nights of rioting has come as a surprise.
Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move to lighten their tax burden.
Harry Tchilinguirian, head of commodities market strategy at BNP Paribas, tells CNBC that continued QE by the US Fed, a pickup in the Chinese economy and a continued squeeze on Iranian production will drive oil up.
Louisa Bojesen takes you through the European market close, where stocks have come in lower.
Carlos Caicedo, head of Latin America at Exclusive Analysis, tells CNBC that Brazil has already had one trillion of investment in preparation for the World Cup and Olympics.