Europe News


  • Easing of Slump Won't Halt Euro's Decline Tuesday, 18 Jun 2013 | 7:28 AM ET
    Euro Tumbles

    Positive business activity data for the euro zone on Thursday will fail to stop a much larger fall over the long-term for the single currency.

  • Lucrative Stud Career Awaits Star Horse Tuesday, 18 Jun 2013 | 6:27 AM ET

    He was the favorite to win at Tuesday's Royal Ascot race in Britain, but even though Animal Kingdom suffered a terrible disappointment, there could still be hope for him.

  • Boeing Fights Back With New Dreamliner Orders Tuesday, 18 Jun 2013 | 5:39 AM ET
    A Dreamliner logo sits in the cockpit of a Boeing Co. 787 Dreamliner aircraft on the first day of the Paris Air Show in Paris, France.

    After an opening day at the Paris Air Show that saw Airbus announce an impressive amount of orders, Boeing fought back on Tuesday with a raft of orders and the launch of the latest in the line of 787 Dreamliners, the 787-10.

  • Greek Court Orders State TV Reopened Tuesday, 18 Jun 2013 | 4:38 AM ET

    A Greek court on Monday ordered the state broadcaster back on air while it is restructured, allowing squabbling coalition leaders to move towards a compromise.

  • UK Inflation Rebounds More Than Expected in May Tuesday, 18 Jun 2013 | 4:32 AM ET

    British consumer price inflation rebounded by more than expected in May due to a record rise in air fares and higher fuel prices.

  • European Car Sales Hit 20 Year Low for May Tuesday, 18 Jun 2013 | 4:24 AM ET

    European car sales last month plunged to the lowest level in two decades for May.

  • Kabel Deutschland, Germany's biggest cable operator - confirmed on Monday that they have received a preliminary approach from U.S. media group Liberty Global.

  • Why Siberia Could Be Russia's Secret Economic Weapon Tuesday, 18 Jun 2013 | 3:21 AM ET

    Once infamous as a place of exile and no-return during the Tsarist and then Stalinist eras, Siberia is being touted as a beacon of light by the Russian government as it looks east, rather than west, for growth potential.

  • ECB's Draghi: Rates Becoming More Effective Again Tuesday, 18 Jun 2013 | 3:18 AM ET
    Mario Draghi, President of the European Central Bank

    The European Central Bank is "ready to act" if need be to aid the euro zone economy and its interest rates are becoming a more effective tool again.

  • Commerzbank to Shed More Than 5,000 Jobs Tuesday, 18 Jun 2013 | 2:59 AM ET

    German lender Commerzbank will shed more than 5,000 jobs as part of its cost cutting program, a person familiar with the negotiations told Reuters on Tuesday.

  • Catherine, Duchess of Cambridge talks with Chief Scout Bear Grylls (2nd L) and Sea Scout Rob Butcher (2nd R) as she attends the National Review of Queen's Scouts at Windsor Castle on April 21, 2013.

    From Union Jack booties to "Born to Rule" sleepwear, analysts estimate the baby fever could boost the British economy by 240 million pounds ($380 million).

  • EU, US Launch Trade Talks, France Stiff-Necked Tuesday, 18 Jun 2013 | 1:36 AM ET
    French actor Vincent Cassel receives the award for best actor in 'Mesrine'

    The United States and the European Union launched talks on Monday to create one of the world's most ambitious free-trade zones, as France again underscored its determination to protect its movies and culture.

  • Israel’s President Calls for Two-State Solution Tuesday, 18 Jun 2013 | 12:00 AM ET
    Hebron, Israel

    Israeli President Shimon Peres called for the establishment of an Palestinian state, in an exclusive interview with CNBC on Tuesday.

  • EU’s Barroso Criticizes ‘Reactionary’ French Monday, 17 Jun 2013 | 12:03 PM ET

    EC President José Manuel Barroso hit back at French opposition to a proposed transatlantic trade agreement as “extremely reactionary”, in an interview with the International Herald Tribune on Monday.

  • Boeing and Airbus Battle at the 2013 Paris Airshow Monday, 17 Jun 2013 | 11:58 AM ET
    Boeing and Airbus square off at the 2013 Paris Air Show.

    Boeing and Airbus showcase their new wide-bodied planes at the 2013 Paris Air Show.

  • Britain Encouraged to Build US-Style 'Super-Prisons' Monday, 17 Jun 2013 | 9:22 AM ET

    Britain should shut down 30 rundown prisons and build 12 modern "hub prisons" with a capacity of up to 3,000 inmates each, according to a new report.

  • Big finance waded into a rain-soaked Paris Airshow with more than $10 billion in orders for jumbo passenger jets as planemakers duelled over strategy for large aircraft.

  • Moscow's Property Prices Fit for an Oligarch Monday, 17 Jun 2013 | 8:53 AM ET

    The prime real estate market in Russia's capital offers great returns - for those willing to take the risks, analysts say.

  • Wine Jitters: Chinese Students Attacked in Bordeaux Monday, 17 Jun 2013 | 8:26 AM ET

    French politicians moved quickly to re-assure China after an attack on Chinese students in the Bordeaux region raised concerns about racism and threatened to tarnish Chinese investments into France’s wine industry.

  • Defense Companies Call for European Drone Program Monday, 17 Jun 2013 | 5:08 AM ET
    A drone on display in the exposition hall of the Border Security Expo in Phoenix

    European aerospace companies called on Europe to launch its own independent drone program to equip armies across the continent.

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Europe Video

  • Steve Pollard of Marex Spectron says coffee shipments from Brazil have been higher than expected, due to previous years' surpluses.

  • Every time the oil price looks positive or stable "out comes something negative," says Richard Mallinson, analyst at Energy Aspects.

  • Russia has been dominating the news recently and its economy is not looking good. Anastasia Nesvetailova, director at City University's political economy research centre explains more.