Europe News
featured
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
More
-
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.
-
The looming jobs report jars the yen and euro zone manufacturing slows again — it's time for your FX Fix.
-
Greece’s parliament has been asked to investigate why two former finance ministers did not pursue possible tax evaders on the so-called “Lagarde list” of 2,000 Greeks with Swiss bank accounts, the Financial Times reports.
-
Excessive deference and hierarchy is damaging the Bank of England’s effectiveness, according to three independent reviews that criticize the central bank’s culture, the Financial Times reports.
-
Rather than wait for prosperous economic times to return to her native Portugal, Tatiana Almeida (26), educated to be a journalist, decided to leave and move to East Timor, a former colony in Southeast Asia, in search for opportunities.
-
Political inertia, red tape and a dearth of foreign investment are impeding a much needed overhaul.
-
Herman Van Rompuy, the European Council president responsible for summoning EU leaders to summits, is determined to go ahead with this month’s gathering on the bloc’s 1 trillion euro seven-year budget – despite UK parliament demands for cuts that make an agreement unlikely. The FT reports.
-
Should Germany leave the euro? It is, after all, the big country with an obvious exit option. The question becomes more pertinent after a new decision by Angela Merkel.
-
With so many understandably focused on Hurricane Sandy and its aftermath, few noticed this week's economic numbers out of Germany — a key part of the European puzzle. Yet the latest data releases could well prove consequential.
-
Investors set aside growth worries as European shares clawed back the previous session's losses on Thursday, buoyed by earnings from European companies and better macro economic data in China and the United States.
-
As UBS announced plans to chop 10,000 staff this week, many traders reacted with shock. Little wonder: during the past three decades, it might have seemed inconceivable that any bank could slash its workforce so far, so fast, the FT reports.
-
Late and complex guidance from regulators has left the markets unprepared and confused ahead of today’s imposition of the first pan-EU rules on short-selling, according to brokers, traders and investors, the FT reports.
-
The Swiss National Bank has trimmed its big euro position, taking downward pressure off the currency.
-
Mixed corporate earnings capped gains on Europe's top share index on Wednesday, with investors also cautious as Wall Street re-opened after two days of closure due to Hurricane Sandy.
-
Investors should opt for U.S. Treasurys and gold because the boost to risky assets from central bank stimulus measures may already be over, according to a report by macroeconomic research firm Capital Economics.
-
As Wall Street prepares to re-open for business on Wednesday, investors should prepare for a “wild session” before earnings reports could subdue the markets again, Michael Yoshikami, founder & chief executive of Destination Wealth Management, told CNBC.
-
Earnings lift risk appetite, Spain says it needs a little help from its friends — it's time for your FX Fix.
-
For nearly a decade, scientists have told city and state officials that New York faces certain peril, the New York Times reports.
-
Kweku Adoboli, who is accused of unauthorized trading which led to losses of $2.3 billion at UBS told a jury that he was “devastated” at the losses caused to the Swiss bank, the Financial Times reports.
What Investors Should Know
-
Investor optimism over the outlook for the Japan's stock market remains unshaken.
-
The volatility in the Japanese government debt market has unnerved investors in domestic banks.
-
We've identified some of the biggest carry trades based on either the interest rate differential or their popularity.
Editor's Picks
-
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.
Europe Video
-
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.