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  • Societe Generale profit more than doubles Thursday, 1 Aug 2013 | 3:10 AM ET

    Frédéric Oudéa, chief executive of Societe Generale (SocGen) said he was happy with the bank's business performance after the French banking group reported second quarter net profit of 955 million euros ($1.26 billion), above a Reuters consensus of 703 million euros.

  • Shell CEO 'disappointed' after big earnings miss Thursday, 1 Aug 2013 | 2:02 AM ET

    Royal Dutch Shell reported a 20 percent drop in second-quarter earnings on Thursday as higher costs, exploration charges, exchange rate effects and challenges in Nigeria took their toll.

  • Barclays cash call may be bad omen for UK banks Wednesday, 31 Jul 2013 | 12:46 PM ET
    The Canary Wharf business district in London.

    Barclays' cash call, aimed at boosting its capital strength and meeting another hefty mis-selling charge, could bode ill for other U.K. banks such as Lloyds, analysts said.

  • Schneider CEO: Invensys takeover a 'good deal' Wednesday, 31 Jul 2013 | 11:59 AM ET

    Schneider Electric's takeover of Invensys will be good for both shareholders and customers, its CEO told CNBC, allowing the company to compete more effectively with its rivals.

  • Generali earnings beat amid radical transformation Wednesday, 31 Jul 2013 | 10:51 AM ET

    Italy's largest insurer Generali reported first first-half net profit on Thursday that beat market expectations, its strongest half-year performance in five years.

  • Lloyds bank returns to profit, escapes cash call Wednesday, 31 Jul 2013 | 10:11 AM ET

    U.K. bank Lloyds returned to profit in the first half of the year and indicated that it wouldn't be following in the footsteps of rival Barclays by issuing equity to meet capital requirements set by regulators.

  • ECB’s Draghi wants meeting minutes published Wednesday, 31 Jul 2013 | 9:19 AM ET
    Mario Draghi

    Mario Draghi is in favor of publishing the minutes of the bank's monetary policy meetings, which have until now never been released.

  • Policy meetings to shake-up currencies: HSBC Wednesday, 31 Jul 2013 | 7:00 AM ET

    The currency markets will be thrown into disarray this week as key monetary policy meetings take place around the world, HSBC's David Bloom told CNBC.

  • Top court asked to reduce Berlusconi's ban Wednesday, 31 Jul 2013 | 6:22 AM ET
    Silvio Berlusconi

    An Italian public prosecutor on Tuesday asked the country's top court to reduce former Prime Minister Silvio Berlusconi's ban from public office for tax fraud to three years from five years.

  • You're fired! Siemens replaces Loescher as CEO Wednesday, 31 Jul 2013 | 5:42 AM ET

    The supervisory board of Siemens confirmed the resignation of Chief Executive Peter Loescher on Wednesday and appointed Joe Kaeser, the company's Chief Financial Officer as the new CEO.

  • Record high euro zone unemployment despite green shoots Wednesday, 31 Jul 2013 | 4:39 AM ET

    Unemployment in the euro zone remained unchanged from the previous month in June, at 12.1 percent, according to the latest data from Eurostat.

  • France falling out of love...with bread Wednesday, 31 Jul 2013 | 4:34 AM ET

    The French, it seems, are falling out of love. Not with free health care, or short workweeks, or long vacations in August. But with bread, the New York Times reports.

  • Schneider agrees $5.2 billion takeover of Invensys Wednesday, 31 Jul 2013 | 4:32 AM ET
    A job seeker (R) shakes hands with a recruiter.

    France's Schneider Electric is to buy British engineer Invensys for an agreed 3.4 billion pounds ($5.2 billion) to strengthen its high-margin industrial automation business.

  • Diageo profit up after 'rocky' emerging market ride Wednesday, 31 Jul 2013 | 3:15 AM ET

    Diageo remains confident about China despite a slowdown in growth in the world's second-biggest economy as the spirits group reports 18 percent growth in operating profit in emerging markets.

  • EADS changes name to Airbus, raises jet order goal Wednesday, 31 Jul 2013 | 2:10 AM ET
    An Airbus A320 - similar to the aircraft used by Air Algerie.

    Europe's EADS on Wednesday confirmed plans to reorganize in three divisions and change its name to Airbus, adopting the look and feel of its arch-rival Boeing in a bid to become more competitive.

  • Expect 'radical changes' from the Bank of England Wednesday, 31 Jul 2013 | 1:45 AM ET

    The Bank of England's (BoE) rate decision on Thursday marks the start of a key week in the tenure of new governor Mark Carney with some analysts expecting "radical changes."

  • BNP Paribas profit falls, expands in Germany Wednesday, 31 Jul 2013 | 1:19 AM ET

    French banking group BNP Paribas said on Wednesday it was expanding its business in Germany, hiring 500 people over the next three years.

  • Deutsche Bank profit misses, hit by legal charges Tuesday, 30 Jul 2013 | 12:04 PM ET
     Deutsche Bank

    Deutsche Bank pledged to cut risky assets from its balance sheet in response to regulatory concerns, as quarterly profit missed expectations, hit by a 630 million euro ($834.97 million) hike in litigation reserves.

  • UBS CEO: buyback of toxic asset fund to boost capital Tuesday, 30 Jul 2013 | 12:03 PM ET

    The Swiss National Bank is selling back to UBS this year the once-toxic assets it shouldered at the height of the financial crisis, which have since become profitable.

  • BP CEO hits out at class action lawsuits Tuesday, 30 Jul 2013 | 11:59 AM ET
    Robert "Bob" Dudley

    Class action lawsuits like the ones BP is facing in the U.S. are a "business model" that serves only to benefit attorneys, the chief executive of BP told CNBC.

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