Germany should have left the euro zone to relieve pressure on its indebted counterparts, according to billionaire investor George Soros.» Read More
Indian opposition parties and shopkeepers launched a day of protests and strikes on Thursday against a rush of economic reforms by the Congress-led coalition government, which include cuts in diesel fuel subsidies and the liberalization of the retail trade. The FT reports.
François Hollande and Angela Merkel will seek to agree a joint position at a meeting on Saturday on the €35 billion combination of EADS and BAE Systems to create the world’s largest defense and aerospace company by revenue. The FT reports.
The EU has stalled a controversial trade case against Chinese telecommunications companies, defusing a row with Beijing on the eve of premier Wen Jiabao’s last summit with European leaders. The FT reports.
“Mad Money” host Jim Cramer weighs in.
Don't look now, but the rally in risk-sensitive currencies could be sputtering.
It may be quiet in stocks and crickets on the deal front this year. But credit markets are roaring as companies vacuum up capital.
European shares advanced on Wednesday, led by autos, as the Bank of Japan became the latest central bank to launch fresh stimulus to boost its economy.
Manchester United fans will be rooting for the club when they play Turkey’s Galatasaray in the opening match of their European Champions League on Wednesday night. But the ones cheering the loudest may be the club’s shareholders — after all their investment depends on it.
Europe must aim for full-blown unity which would see monetary and political union entwined with a currency union rivaling the United States, the U.K. and Japan, analysts told CNBC Wednesday.
The devil may have much more than the best tunes. To listen to the president of Germany’s Bundesbank, he also offers the best cautionary tale about the perils of state financing by a central bank. The FT reports.
Prominent conservatives joined Barack Obama in condemning Mitt Romney over leaked comments portraying the US president’s supporters as dependent on government, draining momentum from the challenger’s faltering campaign. The FT reports.
While the world is anxiously watching to see how the European debt crisis will unfold, many real estate investors in the United States are eagerly seeking opportunities to reap profits from the Continent’s distress, the New York Times reports.
Gregoris Skouros stepped out of the sawed-off cargo container that hard times have forced him to make his home in on an agricultural plain near this tiny village, a two-hour drive south of Athens. The NYT Reports.
Saudi Arabia has offered its main customers in the US, Europe and Asia extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the global economy. The FT reports.
In an interview with OilPrice.com, the president of a private intelligence company discusses whether rebels can defeat Syria's President Bashar al-Assad.
Federal Reserve and European Central Bank monetary stimulus measures are more likely to impede growth than aid it, Nomura strategist Bob Janjuah said on Tuesday, adding that central banks' recent actions would be seen in future as a key moment in the downfall of Western superpowers.
Torsten Slok, Deutsche Bank Securities chief international economist, discusses three major headwinds facing a U.S. economic recovery: the debt ceiling, fiscal cliff, and Europe.
European shares fell on Tuesday as uncertainty about a potential Spanish sovereign bailout kept the country's debt yields high and prompted investors to continue booking profits on a stellar two-month run for euro zone banks.
The euro has been on a tear against the dollar, but this strategist sees a better way to play the common currency.
Time may be running out for Europe's fourth-largest economy, with bad debts at the Spain's banks rising to a record and Lloyds bank predicting it will request aid before October.
Simon Ballard, the head of credit strategy at National Australia Bank, disputes George Soros' assertion that now is the time to punt on peripheral Europe.
Sweden's foreign minister, Carl Bildt, discusses the West-versus-Russia confrontation ongoing in Ukraine's Crimea region.
European stocks closed lower on Wednesday amid lingering worries over China's economy and concerns ahead of the referendum in Crimea this weekend.