Europe News


  • FTSE president: Markets need competition  Monday, 15 Jul 2013 | 7:39 PM ET

    Jonathan Horton, North America President at FTSE, says that competition in the marketplace is strong and that the index provider is looking to do deals that make commercial sense.

  • Fitch downgrades European rescue loan fund Monday, 15 Jul 2013 | 2:26 PM ET

    Fitch Ratings has cut its credit grade for the European fund that provides rescue loans to Greece, Ireland and Portugal.

  • Putin seeing signs of Snowden shifting on the US Monday, 15 Jul 2013 | 12:19 PM ET
    Edward Snowden

    Vladimir Putin said Monday that he saw signs that fugitive leaker Edward Snowden was shifting toward stopping "political activity" directed against the United States.

  • Why China's slowdown spells trouble for Europe Monday, 15 Jul 2013 | 11:03 AM ET
    Port Of Hamburg

    China's growth data may have been welcomed with a sigh of relief by markets, but it is unlikely to reassure Europe's powerhouse Germany.

  • UK charges two brokers in Libor investigation Monday, 15 Jul 2013 | 10:24 AM ET

    The Libor scandal is under the spotlight once again, as two U.K. brokers have been charged with conspiracy to defraud and are set to face court, in what could be the first case of the global rate rigging scandal to go to trial.

  • Spanish Prime Minister Mariano Rajoy

    Spain's Prime Minister Mariano Rajoy is facing renewed pressure to step down after the country's El Mundo newspaper reported on Monday that he had sent supportive text messages to his party's disgraced ex-treasurer for two months after the eruption of a corruption scandal.

  • Calling in sick? This country beats everyone Monday, 15 Jul 2013 | 8:09 AM ET

    U.K. employees are world leaders at claiming sick leave, taking more than four times as many days off work than their global colleagues, according to research by PwC.

  • The French president Francois Hollande appeared the eternal optimist on Sunday when he told the nation that France was "in recovery" despite economic evidence to the contrary, prompting analysts to say Hollande was refusing to face up to France's economic reality.

  • UK house prices leap to record high Monday, 15 Jul 2013 | 2:45 AM ET

    The price of houses in the U.K. hit a record high in July, according to online real estate portal Rightmove, which also doubled its forecast for 2013 prices.

  • Don't panic! UK recovery is 'firmly entrenched' Sunday, 14 Jul 2013 | 7:01 PM ET

    The U.K. economy will expand significantly more than forecast in 2013, according to an economic forecasting group, which has become the latest organization to up its growth outlook for Britain.

  • Business confidence back to financial crisis lows Sunday, 14 Jul 2013 | 7:00 PM ET

    Worldwide business confidence has fallen back to its financial crisis lows, according to an economic sentiment survey by Markit.

  • Germany talked to UBS about big bank sale: Report Sunday, 14 Jul 2013 | 12:23 PM ET
    German Finance Minister Wolfgang Schaeuble (AP Photo/Michael Sohn, Pool)

    Germany approached Swiss Bank UBS to discuss selling the government's stake in Commerzbank, a magazine reported over the weekend.

  • Greece's bank rescue fund picked Eurobank to buy New Hellenic Postbank as part of consolidation in the sector and to meet a condition for the next tranche Greece's bailout.

  • Egypt announces criminal investigation of Morsi Sunday, 14 Jul 2013 | 12:31 AM ET

    Egypt announced a criminal investigation on Saturday against deposed Islamist President Mohammed Morsi.

  • The world's largest yachts Saturday, 13 Jul 2013 | 7:00 AM ET

    The world’s super yachts are some of the biggest and most expensive toys of the super rich. Which super yachts rank as the largest in 2013? Click ahead to find out!

  • Egypt's Islamists take to streets, protests peaceful Saturday, 13 Jul 2013 | 5:12 AM ET
    Supporters of ousted president Mohamed Morsi demonstrate in the street earlier this month.

    Tens of thousands of Egyptians marched in Cairo in the early hours of Saturday to demand ousted Islamist President Mohamed Mursi be reinstated, but there were no deadly clashes.

  • Businesses to cash in on royal seal of approval Saturday, 13 Jul 2013 | 1:58 AM ET
    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.

    As royalists eagerly await the arrival of Prince William and Kate Middleton’s baby, Britain’s businesses have jumped on the royal bandwagon.

  • Israeli fighter jets and Saudi missiles Saturday, 13 Jul 2013 | 12:17 AM ET

    Earlier this month, a report by Reuters on the state of Israeli air defenses flew under the radar.

  • Packed train derails near Paris, 7 believed dead Friday, 12 Jul 2013 | 4:27 PM ET
    Rescuers work at the accident at the Bretigny-sur-Orge station

    A packed passenger train derailed and crashed into a station outside Paris, with at least seven people believed dead and dozens injured on the eve of a holiday weekend, authorities said.

  • Fitch cuts France's rating on budget, economy woes Friday, 12 Jul 2013 | 10:37 AM ET

    Fitch on Friday cut France's credit rating to AA-plus on an uncertain economic outlook amid the ongoing euro zone crisis and the need for structural reform.

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