Russia has dug itself a deep economic hole in exchange for its geopolitical ambitions, and the problem's getting worse.» Read More
Advertising tycoon Martin Sorrell says uncertainty across the globe is stifling business, and he criticized Washington for "fiddling while Rome burns."
France backed away from a threat to nationalize a steelworks, saying it secured promises from ArcelorMittal to avoid any forced layoffs at the site.
The euro rose to its highest in more than five weeks against the dollar on Friday, heading for its fourth straight month of gains, as investors clung to hopes that U.S. politicians would reach a fiscal deal before the end of the year.
London-based Prudential PLC is riding the wave of demographic change occurring in emerging Asia, says CEO Tidjane Thiam.
Constantine Michalos, Athens Chamber of Commerce & Industry president, shares his view of what lies ahead for debt-stricken Greece.
European stocks finished higher in choppy trading Friday, logging 17-month highs amid a backdrop of mixed signals about U.S. budget talks.
CNBC's Simon Hobbs reports EU stocks closed higher despite mixed signals from the U.S., and a look at what's moving commodities and stocks, with CNBC's Sharon Epperson and Bob Pisani.
Attorneys for Dominique Strauss-Kahn denied reports he agreed to settle a case with the maid who accused him of sexually assaulting her last year.
Month-end selling dents the yen and Mario Draghi lifts the euro — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as shares edge higher following comments from ECB President Mario Draghi.
Alastair Newton, Senior Political Analyst, Nomura says that the polls are close ahead of Israel's elections next month and that there's a risk that Tel Aviv could cut off tax revenue from Palestine.
Alastair Newton, Senior Political Analyst, Nomura says that democrats need to come up with a spending reform plan in order to solve the fiscal cliff impasse.
Mike Crofton, President & CEO, Philadelphia Trust Company says that going over the Fiscal Cliff is a good outcome as lawmakers will be forced reach a resolution.
Finally, the euro is trading on U.S. fundamentals, this pro says, and he likes it.
Ukraine was about to sign a $1.1 billion dollar deal with Spain’s Gas Natural Fenosa when it realized one teensy problem--the deal was a fake!
European shares closed higher on Thursday, getting a fresh boost from stronger-than-expected U.S. housing data.
A credit markets boom could last another five years, but its end will be much harder than when the last bear market hit, a market strategist told CNBC.
Spain is likely to remain in deep recession until the end of next year, according to the Organization for Economic Co-operation and Development.
The euro hangs on fiscal cliff news and the pound feels pressure from rating cut worries — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as optimism grows that U.S. lawmakers will finalize a deal to solve the "fiscal cliff" before Christmas.
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Jan Dunning, CEO of St Petersburg-headquartered hypermarket chain Lenta, says the situation in Ukraine has had no impact on the group, as consumer confidence remains unaffected in Russia.
Vincent Deluard, European strategist at Ned Davis Research Group, says the strong euro is a problem for the region's companies, especially for the large exporters.
European shares closed higher on Thursday as investors brushed aside concerns regarding Ukraine and focused instead on Wall Street earnings and the latest U.S. jobs data.