Europe News


  • Credit Suisse CEO: We can handle higher rates Thursday, 25 Jul 2013 | 12:36 AM ET

    Credit Suisse CEO Brady Dougan on Thursday tried to reassure investors that a transition to higher interest rates will be positive for the group.

  • Prince's first ride has automaker cheering Wednesday, 24 Jul 2013 | 2:35 PM ET
    Prince William, Duke of Cambridge, leaves the Lindo Wing of St. Mary's Hospital in London with his newborn son.

    While Prince William and Kate Middleton have yet to give their newborn son a name, the tiny Prince of Cambridge did get his first taste of luxury on the drive home.

  • Big money if you bet on George Alexander Louis Wednesday, 24 Jul 2013 | 1:21 PM ET
    A woman holds a Ladbrokes board listing possible baby names to bet on as media gather outside Buckingham Palace to read the easel displaying the announcement of the son of The Duke and Duchess of Cambridge on July 23, 2013 in London, England.

    The wait was welcomed by UK bookmakers, who have taken in more than £1.5 million in baby-name bets and reported a frenzy in demand since the birth.

  • Pound, no prejudice—Guess who will grace £10 notes? Wednesday, 24 Jul 2013 | 11:10 AM ET

    Jane Austen, the 19th century author of classics including "Pride and Prejudice" and "Emma" will be the face of the new U.K. £10 banknote, the Bank of England governor announced today.

  • Spanish banks a buy for first time 'in years' Wednesday, 24 Jul 2013 | 9:31 AM ET

    Analysts are starting to see value in Spanish banks for the first time in years, despite anticipating further earnings downgrades and heavy regulatory headwinds later on this year.

  • Unequal US recovery not helping us: Unilever CEO Wednesday, 24 Jul 2013 | 9:23 AM ET

    The U.S. is showing signs of recovery but the uncertain outlook could affect Unilever's business in the country, the group's chief executive told CNBC on Thursday.

  • EasyJet shares soar as rivals falter Wednesday, 24 Jul 2013 | 8:55 AM ET
    Passengers queue up at the EasyJet counter at Berlin's Schoenefeld airport

    A combination of additional flights on routes where rivals have cut back and the introduction of allocated seating helped boost easyJet's earnings forecast and send shares in the low-cost carrier (LCC) soaring.

  • Britain's GDP seen strong—But unsustainable Wednesday, 24 Jul 2013 | 8:15 AM ET

    U.K. economic growth is expected to have doubled in the second quarter of the year from the first according to analysts - but some warned against cracking open the champagne just yet.

  • Euro zone purchasing managers index (PMI) data showed a rebound in July, but analysts warned that the region faced severe headwinds that could impede, and even reverse, the region's return to growth.

  • Spanish police raid Hells Angels in crackdown Wednesday, 24 Jul 2013 | 7:33 AM ET

    Spanish police carried out 31 simultaneous dawn raids on houses and arrested a total of 25 Hells Angels motorcycle club members.

  • Glaxo CEO 'deeply disappointed' by China scandal Wednesday, 24 Jul 2013 | 7:14 AM ET
    GlaxoSmithKline Shanghai headquarters

    The chief executive of GlaxoSmithKline said the allegations of bribery and corruption in China were "deeply disappointing," as the company reported second-quarter results.

  • UK porn ban: No sex please, we're British Wednesday, 24 Jul 2013 | 6:57 AM ET

    As U.K. Internet surfers prepare for major changes to the availability of online porn, U.S. porn companies are scrambling to determine the consequences for their bottom lines.

  • Euro zone business activity expands, euro rallies Wednesday, 24 Jul 2013 | 3:00 AM ET

    Economic activity in the euro zone expanded in July, purchasing managers index (PMI) readings showed on Wednesday, marking the first uptick for business activity since January this year.

  • ARM profits beat, but CEO warns about rising costs Wednesday, 24 Jul 2013 | 2:35 AM ET

    U.K.-based chip designer ARM holdings reported better than expected earnings on Wednesday, but the company's new CEO Simon warned about the rising cost of production.

  • China soy bean demand to boost growth: Syngenta CEO Wednesday, 24 Jul 2013 | 12:50 AM ET

    Seeds and pesticides maker Syngenta reported sales for the second half of 2013 below analysts' forecasts, but the CEO told CNBC it could still achieve its ambitious long-term sales target.

  • Will the British royal baby boy buoy the economy? Wednesday, 24 Jul 2013 | 12:10 AM ET
    Catherine, Duchess of Cambridge carrying her newborn son on July 23, 2013.

    On the day the Prince of Cambridge emerged into the world, economists question if the royal baby would help boost the economy. The Financial Times reports.

  • Britain's Prince William and Kate, Duchess of Cambridge hold the Prince of Cambridge, Tuesday July 23, 2013, as they pose for photographers outside St. Mary's Hospital exclusive Lindo Wing in London where the Duchess gave birth on Monday July 22.

    The Duchess of Cambridge and Prince William share a first look of their newborn son at St. Mary's Hospital in London, with the "Street Signs" crew. Prince William says he "will remind his son of his tardiness when he is older."

  • People protest against Spanish Prime Minister Mariano Rajoy outside the headquarters of the PP (Popular Party) in Madrid.

    Upbeat growth and unemployment reports from Spain led the country's stocks and bond prices to rally on Tuesday, but some economists warned that hopes of an imminent recovery remained unrealistic.

  • Euro zone consumer confidence nears 2-year high in July Tuesday, 23 Jul 2013 | 10:28 AM ET

    Consumer morale in the euro zone improved by more than expected in July, rising to its highest level in almost two years, the European Commission said on Tuesday.

  • ‘The worst is still to come’ for EU job crisis Tuesday, 23 Jul 2013 | 10:24 AM ET

    One in two people feel "the worst is still to come" for the job crisis in the European Union (EU), according to a survey released today.

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