Europe News
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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.
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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.
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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.
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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.
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All the central bank stimulus is turning investors away from safe havens and toward riskier currencies, giving this strategist a plan.
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The Fed's QE3 has Brazil talking currency wars, and it's also pushing up commodity prices. This strategist sees a trade.
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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.
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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.
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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.
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Spain bailout hopes lift the euro and Brazil fires a warning shot — it's time for your FX Fix.
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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.
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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.
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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.
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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.
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Economic reports from China and Europe have been disappointing, but for this strategist, they suggest a bullish trade.
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"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.
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Emerging market currencies have been laggards, but this strategist thinks that could change.
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Spain borrowed money at the lowest rates in months on Thursday, but the country's business leaders want the government to seek help from the European Central Bank to prevent the country’s interest rates from rising again.
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European shares closed lower Thursday, hurt by a disappointing business activity report and amid ongoing worries over global growth.
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Safer to own than to consume, tobacco stocks have earned enormous returns for investors during the euro zone crisis, mimicking the safe haven of the fixed-income markets sought by jittery investors.
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The euro takes a hit and investors ready for more central bank moves — it's time for your FX Fix.
What Investors Should Know
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Investor optimism over the outlook for the Japan's stock market remains unshaken.
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The volatility in the Japanese government debt market has unnerved investors in domestic banks.
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We've identified some of the biggest carry trades based on either the interest rate differential or their popularity.
Editor's Picks
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China and Brazil face opposite problems and should take tips from each other, according to Capital Economics.
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News that the Swedish capital of Stockholm has been hit by three nights of rioting has come as a surprise.
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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
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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.
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Louisa Bojesen takes you through the European market close, where stocks have come in lower.
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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.