German ECB board member Joerg Asmussen warned on Friday that Europe's largest economy must carry out further reforms to continue to grow.» Read More
To John Sims, the Himalayas, with some of the finest mountain slopes in the world, seemed like the perfect place to build India’s first Western-style ski resort. The NYT Reports.
The euro zone debt crisis is showing signs of reaching a solution and investors should be upgrading their outlook on U.K. banks, according to investment firm Liberum Capital.
Investors currently find themselves at yet another euro zone debt crisis crossroads and asking whether the ECB will end up underwriting the debt markets of Europe’s periphery.
Julio Fernández Gayoso has emerged as a symbol of the clash between the time-honored tradition of the caja as a baronial community institution and the modern, euro-based banking economy that Spain has tried to create in recent decades, the New York Times reports.
The NHS is to sell its brand around the world as part of a new venture to make the service more commercial and reinvest the profits in Britain’s national health system, the Financial Times reports.
Will the last Portuguese out please turn off the light? Falling salaries and record unemployment are prompting many to emigrate. Oil-rich Angola is a major destination.
Stocks have been strengthening, but currencies tell a different story. Here's a trading playbook.
European markets edge lower into the close, with CNBC's Simon Hobbs.
You know the euro is in deep water when a doyen of the banking industry, Lord Jacob Rothschild, takes a 200 million pound ($314 million) bet against it.
Portugal is becoming the new sick man of Europe, despite sticking to the troika’s hard-to-swallow medicine of austerity, while the prognosis for Greece is much worse — and potentially contagious — according to the latest report from Citi.
While the Greek prime minister, Antonis Samaras, will be greeted with military honors when he arrives in Berlin on Friday, his pleas for easier bailout terms could meet with a cool reception, setting up tension that could unsettle the financial markets next week. The NYT reports.
When Lynda and Stewart Resnick, the Beverly Hills entrepreneurs who founded POM Wonderful, wanted to host a dinner at their Aspen home in 2006 to talk about the Iraq war, they assembled a list of 22 A-list guests, including Queen Noor of Jordan, George Soros, the financier, and Senator Dianne Feinstein, Democrat of California. Leading the list of journalists was one of their favorite guests: Fareed Zakaria, the Indian-born Harvard Ph.D and foreign-policy specialist who had turned himself into an unlikely media star, the New York Times reports.
Will the last Portuguese out please turn off the light? Falling salaries and record unemployment are prompting many to emigrate. Oil-rich Angola is a major destination, the Global Post reports.
The world’s largest sovereign wealth fund is planning to take on more risk as it seeks to exploit its role as a strategic investor, in a move that could mark a new trend for conservative publicly-owned investment funds, the Financial Times reports.
In case you hadn't noticed, Treasury yields are on a tear. Here's how to trade them.
Euro trade data is upbeat but Spanish bank loans are getting worse - it's time for your FX Fix.
Finland is “100 percent” committed to keeping the euro intact and is not looking at any “doomsday scenarios”, Alex Stubb the country’s minister for European affairs and foreigntrade has told CNBC Friday.
The euro zone is hurtling back into recession, economists declared after official figures this week portrayed a shrinking economy. But by some measures the downturn has been under way for years. The NYT reports.
The euro is having a good day against the dollar, but tomorrow may be another story.
IKEA plans to build a chain of budget hotels across Europe. But will you have to put your own hotel room furniture together?
The markets are buzzing about the possibility of the Fed's tapering off its $85 billion a month asset-purchasing program.
Wall Street's stocks-are-cheap meme may come under stress if what Citi calls a "profitless rally" continues.
Beaten-down gold just can't find any love, and analysts expect it to retest its April lows before long.
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
The chief executive of the world's largest container shipping company Moeller-Maersk told CNBC that the company would not order any new ships this year.
Samsung has become the "undisputed king" of the Android smartphone industry, creating more profit from the software than Google, according to research.
Clive Lambert, director of FuturesTechs, joins CNBC for a technical look at the markets.
Louisa Bojesen takes you through the European market close, where shares have closed higher.
Nader Mousavizadah, co-founder of Macro Advisory Partners, tells CNBC that France is up against some deep structural challenges.