Shale gas could be a new North Sea for Britain, creating tens of thousands of jobs, supporting British manufacturers and reducing gas imports, reports the Institute of Directors, a U.K. business lobbying group.» Read More
Free market reforms and a 10 percent flat tax rate have helped transform Bulgaria into an island of stability in Europe.
European shares closed lower Monday, as a drop in German business sentiment and fresh worries over Spain and Greece pushed nervous investors towards more defensive equity sectors such as health-care stocks.
Paper and packaging firm Mondi, online betting company Paddy Power, U.S tax preparer H&R Block and Cisco, the world's biggest maker of computer-networking equipment represent good investment opportunities with plenty of potential, Alex Gunz, fund manager at Heptagon Capital told CNBC.
"Super" Mario Draghi of the European Central Bank has a super problem: the markets might love him, the bankers might love him, politicians from Athens to Dublin might love him, but the German people don't. He's been called anything from "bankers' buddy" to "counterfeiter of coins", and depicted by the tabloid press as a devil sporting horns and a trident, set against a distinctly angelic Bundesbank president Jens Weidmann.
A sentiment survey dents the euro, but confidence is up in Brazil — it's time for your FX Fix.
Euro zone leaders have been trying to keep the currency union intact, but some—including a high school teacher from Bavaria—say a better solution lies in local currencies, an idea that is now being pitched to Greek politicians.
The Senate unanimously passed a bill on Saturday that would shield U.S. airlines from paying for their carbon emissions on European flights, pressuring the European Union to back down from applying its emissions law to foreign carriers, the Christian Science Monitor reports.
Three years into the global financial crisis, multinational companies that had made huge profits during the consumer boom that preceded it faced a major dilemma: people were no longer buying the expensive premium products that once sold well in Europe, the Global Post Reports.
All the central bank stimulus is turning investors away from safe havens and toward riskier currencies, giving this strategist a plan.
The Fed's QE3 has Brazil talking currency wars, and it's also pushing up commodity prices. This strategist sees a trade.
European equities rose on Friday, briefly testing last week's 14-month highs, as banking shares were lifted by speculation Spain was moving towards a bailout request.
Ray Dalio, founder and co-chief investment officer of the world's largest hedge fund, Bridgewater Associates, predicts a “10 to 15 year managed depression” in Southern Europe. In a worst case scenario, he painted a much darker picture.
Praise all around for Mario Draghi and his ECB's bold strategy of "conditional" bond buying across the euro zone, if and when deemed necessary. "This is the big game changer", insists Polish finance minister Jacev rostowski, echoing what virtually all of his colleagues both inside and out of the EU have voiced over these past weeks.
Spain bailout hopes lift the euro and Brazil fires a warning shot — it's time for your FX Fix.
Euro zone leaders may feel like they are amid the throes of the longest hangover ever as the region struggles with an addiction to debt and finds it hard to sober up. But never fear! CNBC is on hand to help with its Twelve Steps guide to put the euro zone back on the path to recovery.
It may be the age of austerity for many in Britain. For a former doctor, Geoffrey Lipman, it is anything but. Dr. Geoffrey Lipman, who is retired, gets about $78,000 a year in his government pension.
The Italian government has slashed its economic growth forecast for 2012, saying the eurozone’s third largest economy is now heading for a contraction of 2.4 per cent, twice as deep as it previously estimated. The FT reports.
EU authorities are working behind the scenes to pave the way for a new Spanish rescue program and unlimited bond buying by the European Central Bank, by helping Madrid craft an economic reform program that will be unveiled next week, the FT reports.
Economic reports from China and Europe have been disappointing, but for this strategist, they suggest a bullish trade.
"In a normal year before 2008 you’d find 20 percent of the £2 million-plus market was ‘City money’," says a London real-estate agent.
Former Prime Minister Mario Monti said he does not believe another Italian election will be called any time soon.
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."
Steve Sedgwick takes you through the European market open where stocks have come in mixed.
Will Dunn, news editor at Stuff Magazine, discusses whether the Xbox One can reinvigorate the consul-gaming market.
Blu Putnam, chief economist at CME Group, tells CNBC that there is a time delay from Fed QE with the good effects now and then all kinds of trouble on the exit strategy from 2016.