HSBC Drags Europe to Weak Close
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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The European Central Bank holds its interest rate fire, but Sweden cuts - it's time for your FX Fix.
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Q, the twinkly-eyed boffin who provides James Bond with his trademark high-tech gadgetry, faces fresh competition. The heads of British intelligence are appealing to small and medium-sized technology companies to help to provide the gizmos they need for covert operations, the Financial Times reports.
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Elizabeth Warren took direct aim at Wall Street chief executives – who “wrecked our economy” and “strut around Congress . . . acting like we should thank them” – in a primetime address on Wednesday night that solidified her reputation as a rising liberal star. The FT reports.
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Citigroup is launching a commodity trade finance business to capitalize on the pullback from the market by European lenders such as BNP Paribas, the Financial Times reports.
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Anastasia Kastaniotou, a struggling mother of three, stood near the Greek Parliament building on Wednesday and threw up her hands as she contemplated an €11.5 billion austerity package that her country’s government was trying to tie up this week to keep Greece in the euro, the New York Times reports.
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The European Central Bank is expected to come out swinging Thursday with a bond buying program intended to knock down rates for its weaker sovereigns.
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The private bank of Goldman Sachs is quietly beefing up its lending to wealthy individuals with a host of new loan products and credit offerings. The FT reports.
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Nokia and Motorola unveil new mobile phones; buzz is building for Amazon’s announcement tomorrow.
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The European Central Bank will refrain from publishing any formal cap on bond yields when it announces a new plan to buy distressed eurozone sovereign debt at its governing council meeting on Thursday, two people familiar with the matter said. The FT reports.
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Investors are poised for good news from the European Central Bank, but these strategists are taking a dimmer view.
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The long awaited September European Central Bank meeting is looming. Here's your trading plan.
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Economic reports disappoint and debt crisis skeptics get louder — it's time for your FX Fix.
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To restore economic growth requires policy makers to adopt the all-round perfection of British heptathlete Jessica Ennis.
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The scandal over global interest rates has state officials like Janet Cowell of North Carolina working intensely behind the scenes to build a case for suing the nation’s largest banks.
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A slowdown in Germany could make politicians there even more averse to a bailout for the neighbors, this strategist says.
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During the 1970s and 1980s Sweden was lauded for its exemplary standard of living. Synonymous with high taxes, low unemployment and an iconic welfare system, the “Swedish model” became something other countries could be envious of. But a new report is challenging that belief.
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The UK’s benchmark FTSE index has suffered this year compared to the country’s currency and bonds, a trend that is not set to end anytime soon, according to analysts.
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'Super Mario' is in the spotlight and the Swiss economy is shrinking - it's time for your FX Fix.
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McDonald’s, the US-based hamburger chain, is to open its first ever vegetarian-only outlets in two Indian pilgrimage centers as it seeks to expand in a market where cows are sacred and beef-eating taboo.
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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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.
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James Bullard, president and CEO of St. Louis Federal Reserve Bank, tells CNBC that if you allow a flexible exchange rate you can have your own independent monetary policy regardless of the US.
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Eric Boullier, team principal at Lotus F1 Team, tells CNBC that the Monaco Grand Prix is a very special race, with a lot of demand and requests from sponsors.