At least two people were killed in a gunfight early on Sunday near a Ukrainian city controlled by pro-Russian separatists.» Read More
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.
As uncertainty continues to grip the European markets, identifying surefire investment opportunities has become increasingly difficult, if not impossible. However, one analyst argues that high-end European real estate may be a viable option for today’s investors.
New rules regulating the web may increase censorship.
Larry Fink was once a prince of Wall Street. In the 1980s he became the youngest managing director ever at First Boston, where he was a pioneer in the mortgage bond market. He might have been fitted for the crown at the investment bank, now owned by Credit Suisse, but in 1986 his mortgage department lost $100 million in a single quarter. Two years later he was out. The FT reports.
The euro zone should gradually acquire the powers of a national government with a single treasury and the right to tax or issue commonly backed bonds under a Brussels blueprint to ensure the single currency’s longer-term survival, the Financial Times.
Bankia’s subordinated debt and hybrid securities holders will face large losses on their investments as part of a restructuring demanded by Brussels in return for eurozone aid. The FT reports.
Blankfein to CNBC: Seems Like 'Fiscal Cliff' Deal Could Be 'Reachable', NCR to Acquire Retalix for $650 Million in Cash, Groupon Shares Pop 11.6 Percent After CEO Andrew Mason Defends His Vision And Leadership
European shares pared losses in afternoon trading on Wednesday to close higher after U.S. House Speaker John Boehner said he was optimistic that a deal on the U.S. "fiscal cliff" of tax rises and spending cuts could be reached.
Financial markets react negatively to three dangerous games of chicken being played out around the globe.
Aid to Spain eases that country's pain but Greek drama still weighs on the euro — it's time for your FX Fix.
New Year is a time for reflection. So let’s start now and revisit the question: What is the point of the euro?
The White House is expected in the coming days to send Congress a multi-billion dollar request to fund recovery from Superstorm Sandy, which caused an estimated $71 billion in damages in New York and New Jersey.
U.S. retailer Costco Wholesale Corp is to pay a special dividend of $7.00, worth a total $3.0 billion to investors, it said when posting monthly same-store sales that beat forecasts.
The European Commission gave the go ahead for Spain to overhaul its stricken nationalized banks on Wednesday and opened the door for nearly 40 billion euros in euro zone aid to be disbursed, offering hope for an end to Spain's banking crisis.
Even as markets have been focused on a potential bailout for Spain, analysts say Italy, which is heading for a protracted recession, may also need aid in 2013.
CNBC's Kelly Evans reports on all the market moving events from Europe, including growing concern U.S. lawmakers are failing to make headway in budget talks.
Sabina Kaylan, European head of research at CBRE Investors, tells CNBC why there are new opportunities to invest in northern European real estate.
Get the best of CNBC in your inbox
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.