Greece's Parliament early on Sunday approved a budget for 2014 which predicts a timid return to growth. The New York Times reports.» Read More
Shawn Matthews, CEO, Cantor Fitzgerald says the next 3-5 years are an opportunity to significantly grow its business on a global basis. He adds it is looking to expand its capital markets, fixed income and equity businesses in Europe.
Ajay Kapur, Head of Equity Strategy, Asia at Deutsche Bank says that CIOs whom he speaks to are still bullish on equities and expect them to be higher by the end of the year.
Pat Dorsey, President, Sanibel Captiva Investment Advisers says he will be looking out for comments on Europe and China from companies reporting earnings this week.
Trying to ride a risk rally in currencies? Better hold on tight.
It’s the last thing the global economy needs right now: evidence that the U.S., too, is slowing. And yet the latest retail sales data point in exactly that direction. Sales at retail and food-service establishments dropped 0.5 percent in June from the prior month, the Commerce Department said, in contrast to the 0.2 percent gain that was expected.
CNBC's Simon Hobbs reports European shares fell on weak U.S. retail sales data; a look at changes investors may see at P&G; the last market activity in the U.S. stocks; and the latest fallout from the PFGBest scandal, with CNBC's Brian Shactman, Bob Pisani, and Gary Kaminsky.
CNBC's Steve Liesman breaks down the data on the IMF's forecast for global growth, including the downside risks from Europe's financial crisis and the U.S. "fiscal cliff."
When the world watches American Olympian Nick Symmonds go for gold in the men’s 800 meter competition at the London Olympics, viewers may notice something different about his outfit.
The euro slips on debt worries and the dollar dips awaiting Bernanke — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at equities; weighed down by earnings worries.
As regulators ramp up their global investigation into the manipulation of interest rates, the Justice Department has identified potential criminal wrongdoing by big banks and individuals at the center of the scandal. The New York Times reports.
Despite worries about the global economy, the rapidly unfolding Libor scandal and pressure from regulators around the world, this is a good time to buy U.S. banking stocks, according to Dennis Gartman, author of The Gartman Letter.
The head of Europe’s top banking regulator has raised the bar for lenders’ capital requirements, insisting that the 9 percent capital ratio they had to hit as a “temporary buffer” by June is to become permanent, the Financial Times reports.
The tech companies are trying to catch the blockbuster iPad in a race to win the tablet market, the New York Times reports.
Ben Bernanke’s semi-annual testimony to congress will be the markets' big focus this week, with investors looking for clues on whether weaker economic data will see the Federal Reserve governor indicate he is ready to pull the trigger on a third round of quantitative easing or QE3.
They are supposed to be among Wall Street’s most closely guarded secrets: changes in research analysts’ views, up or down, of a company’s prospects. But some of the nation’s biggest brokerage firms appear to be giving a handful of top hedge funds an early peek at these sentiments — allowing them to trade on the information before other investors get the word, the New York Times reports.
Saudi Arabia and the United Arab Emirates have opened new pipelines bypassing the Strait of Hormuz, the shipping lane that Iran has repeatedly threatened to close, in a move that will reduce Tehran’s power over oil markets, the Financial Times reports.
John Noonan, Senior FX Analyst at Thomson Reuters says that the ECB needs to do more printing than the Fed over the next few months. He sees the euro heading towards the 1.18/19 level.
Paul Gambles, Managing Partner, MBMG International says that U.S. banks are $1-2 trillion dollars under-capitalized
Hublot exports 40 percent of its products to China. With China’s GDP numbers out Friday morning indicating economic growth falling to 7.6 percent, the slowest pace in three years, the luxury time-piece company has a lot to think about.
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.
Alex Donohue, spokesman for Ladbrokes, tells football fans how he thinks they should place their bets for Next Year's World Cup.
Nick Stone, co-founder of FIXR, says his new clubbing app could revolutionize nights out in London.
Alec Young, global equity strategist at S&P Capital IQ, says markets are taking the Federal Reserve taper threat in their stride, and focusing more on the improving economy.