European finance ministers have reached the basis of an agreement to wind down failing banks, Eurogroup President Jeroen Dijsselbloem told CNBC.» Read More
Investors know what they want, and it isn't the G4 currencies.
CNBC's Courtney Reagan reports the rally is fading fast since QE3; and Kenny Polcari of ICAP, doesn't think investors should be nervous because "the market is churning, trying to build a base that will ultimately help it move higher,"
As Spain tries desperately to meet its budget targets, it has been forced to embark on the same path as Greece, introducing austerity measures, cutting jobs, salaries, pensions and benefits. As a result, some residents are forced to salvage food from garbage cans.
European shares closed higher across the board Tuesday after ECB President Mario Draghi defended the central bank's bond-buying program after a meeting with German Chancellor Angela Merkel and following upbeat U.S. economic reports.
A Spanish bailout could give the euro a short-term boost, but the currency remains highly vulnerable to developments in the euro zone and prospects for European banks in particular, analysts said on Tuesday.
Spain has been stalling in asking for a bailout, and this strategist sees the euro stalling as well — so she has another trade in mind.
A reported German challenge to European bond-buying dents the euro and commodity prices hit the Aussie - it's time for your FX Fix.
Bob Janjuah, the bearish contributing strategist at Nomura in London has long predicted the S&P 500 will head towards 800, a level not seen since the aftermath of the collapse of Lehman Brothers. With the S&P 500 closing on Monday at 1,456, Janjuah has been forced to review his timing.
If life in the euro zone’s economically embattled periphery was not bad enough, now the coffee culture emblematic of southern Europe is under siege. Italians are having to cut back on their cappuccinos and espressos and Spaniards are dropping their cortados, contributing to a sharp drop in wholesale coffee prices. The FT reports.
Southeast Asia's most populous nation is on track to become the world's 7th largest economy by 2030, putting it ahead of the developed nations of Germany and the U.K., a new report by McKinsey Global Institute showed Tuesday.
More than a quarter of the work force in Spain or Greece is without jobs, but there is a city on the Danube north of Munich that has the opposite problem: not enough workers, the New York Times reports.
Conventional wisdom suggests the Fed intends to drive investors into stocks, but there may be more than meets the eye. Larry Kudlow gets details from Brian Kelly, founder of Shelter Harbor Capital.
Risk appetites are getting sated, and this strategist is wary of currencies from countries with stimulus programs underway.
Free market reforms and a 10 percent flat tax rate have helped transform Bulgaria into an island of stability in Europe.
European shares closed lower Monday, as a drop in German business sentiment and fresh worries over Spain and Greece pushed nervous investors towards more defensive equity sectors such as health-care stocks.
Paper and packaging firm Mondi, online betting company Paddy Power, U.S tax preparer H&R Block and Cisco, the world's biggest maker of computer-networking equipment represent good investment opportunities with plenty of potential, Alex Gunz, fund manager at Heptagon Capital told CNBC.
"Super" Mario Draghi of the European Central Bank has a super problem: the markets might love him, the bankers might love him, politicians from Athens to Dublin might love him, but the German people don't. He's been called anything from "bankers' buddy" to "counterfeiter of coins", and depicted by the tabloid press as a devil sporting horns and a trident, set against a distinctly angelic Bundesbank president Jens Weidmann.
A sentiment survey dents the euro, but confidence is up in Brazil — it's time for your FX Fix.
Euro zone leaders have been trying to keep the currency union intact, but some—including a high school teacher from Bavaria—say a better solution lies in local currencies, an idea that is now being pitched to Greek politicians.
Rosen Plevneliev, President of Republic of Bulgaria, discusses how to solve the global economic crisis without taxing citizens to death.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
European equities opened flat to slightly lower on Wednesday after U.S. lawmakers reached a deal to fund the government past mid-January and stabilize its finances into the near future.
Shamil Kurmashov, CFO of Aeroflot, says the company can compete with low cost carriers.
Tom Reuner, principle analyst at Ovum, discusses the health of HP's turnaround plan.