Swiss bank Credit Suisse on Wednesday reported a 34 percent drop in first-quarter net profit from the same period last year, worse than analysts had expected.» Read More
Confusion reigned on Thursday, a day after Greece’s finance minister told the parliament that Greece had received an extension on its bailout, with the European Central Bank and Germany denying a deal had been done.
An earnings season described even by the most optimistic as muted has been made even more worrying by the pessimism shown by chief executives at globally dominant companies.
Saira Malik, TIAA-CREF, provides her outlook on the markets and China, and shares her top global stock picks.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks got a boost from earnings showing a mixed outlook for the economy.
Sir David Walker is planning a clean sweep of Barclays’ board after he formally becomes chairman of the scandal-tainted bank next week and will also oversee the replacement of some key executive positions. The FT reports.
David Cameron on Wednesday promised “the good news will keep coming” as his error-prone government prepared to seize on new data that is expected to show Britain’s double-dip recession is over, the Financial Times reports.
Until recently, Greece had a typical European health system offering universal care, but the unemployed are now often left on their own if they get sick.
Andrew Rickards, CEO, Yoma Strategic Holdings says that there's a lot of scope to invest in Myanmar as the country makes its investment rules clearer.
European shares halted a three-day slide on Wednesday as encouraging Chinese data fueled a rebound in oil and mining stocks, while strong earnings boosted tech shares.
It is going to be very tough for Europe to have austerity and at the same time grow GDP, said Warren Buffett, Berkshire Hathaway CEO, referring to the euro zone's economic problems.
An interesting chart on page 72 of this week’s Economist shows European bank funding costs falling below that of investment-grade corporates for the first time since 2009. This may not have the headline-grabbing weight of an improvement in the inflation or unemployment statistics, but it is just as significant.
Global macro-economic headwinds will be the factor to watch most closely over the coming months as uncertainty abounds, Olof Persson, CEO at Volvo Group told CNBC’s “Squawk Box.”
CNBC's Ross Westgate, reports on all the market moving events from Europe, as stocks fall after data showed poor manufacturing output in the euro zone.
Sanctions against Iran, imposed by the U.S. and the European Union, are important and effective but more needs to be done, according to Israeli Finance Minister Yuval Steinitz.
The U.S. pet industry is set to rake in a record $53 billion this year, despite sluggish overall consumer demand, according to a report by brokerage firm ConvergEx.
France is close to agreeing a deal to prop up PSA Peugeot Citroën by providing between 5 billion euros and 7 billion euros of financial guarantees to the ailing carmaker’s lending arm. The FT reports.
Gary Dugan, CIO, Asia & Middle East, Coutts says that the U.S. economy could see a recession if the fiscal cliff is not fixed.
A top European share index slid to its lowest level in more than one and a half months on Tuesday, hit by worries over weak company results and Spain's debt crisis.
Apple’s new, smaller iPad, dubbed the iPad Mini, may cannibalize demand for its existing tablet computers, according to Tim Daniels, technology, media and telecommunications strategist at Olivetree Securities.
With Spain looking increasingly likely to miss this year’s deficit target, credit rating downgrades for several of its regions, and its borrowing costs showing an uptick things aren’t getting any better for the country, with one analyst telling CNBC that the country is caught in a “vicious circle”.
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Jon Cox, head of European consumer equities at Kepler Cheuvreux, comments on Nestle's earnings and highlights that currency weakness was a "big pain" for the group in the first quarter.
European shares closed lower on Tuesday, as Ukraine worries and fears about slowing demand in China weighed on stocks, along with disappointing data from the U.S.
Paul Renken, chief geologist and mining analyst at VSA Capital, discusses mining stocks and the outlook for iron ore, after Rio Tinto posted an 8 percent drop in the metal's shipments.