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  • Twenty Four Percent Jump in Q1 Profit   Wednesday, 15 May 2013 | 5:00 AM ET
    Twenty Four Percent Jump in Q1 Profit

    Dieter Wemmer, CFO of Europe¿s largest insurer, Allianz SE, tells CNBC that the company has drafted a their business model well to succeed in a low growth European environment.

  • Man Who Coined 'Grexit' Says Not Much Has Changed Wednesday, 15 May 2013 | 4:52 AM ET

    The man who coined the term "Grexit" said the risks of a Greek exit from the euro zone have not gone away, despite the country having its credit rating upgraded on Tuesday.

  • Crisis Is Spreading to Europe's Core: Economic Expert   Wednesday, 15 May 2013 | 4:50 AM ET
     Crisis Is Spreading to Europe's Core: Economic Expert

    Peter Bofinger, economist from the German Council of Economic Experts, tells CNBC that he is concerned that the worst of the euro zone crisis is not over and it is spreading to the core.

  • UK Jobless Claimant Count Falls Sharply in April Wednesday, 15 May 2013 | 4:41 AM ET
    A job seeker (R) shakes hands with a recruiter.

    The number of Britons claiming unemployment benefit fell much more than expected in April, official data showed on Wednesday.

  • Markets 'Glass Half Full' on Weak European GDP Wednesday, 15 May 2013 | 4:40 AM ET

    European shares were mixed on Wednesday despite France's fall into recession and Germany's worse- than-forecast growth figure, with analysts seeing the data as a "glass half full" scenario for markets.

  • UK's Poundland Chain to Cut Prices to 97 Pence Wednesday, 15 May 2013 | 4:34 AM ET

    U.K. pound shop chain Poundland said on Tuesday that it planned to cut its prices to 97 pence in some stores in an attempt to undercut rivals.

  • If Italy's Economy Doesn't Improve, Volatility Will Return: Pro

    Daniele Antonucci, senior European economist at Morgan Stanley, tells CNBC there is the perception of a policy backstop in the euro zone, which enables a search for yield despite poor macro data.

  • Le Big Debate: French Triple-Dip? Wednesday, 15 May 2013 | 4:05 AM ET

    France slipped into recession in the first quarter of 2013 but there was confusion over whether it was the country's second or third recession in the last five years.

  • Europe’s IPO Market Is Back on Track: LSE Wednesday, 15 May 2013 | 3:58 AM ET
    Xavier Rolet, the Chief Executive of the London Stock Exchange

    Activity in Europe's initial public offering market is picking up and will drive economic recovery across the region, the CEO of the London Stock Exchange told CNBC.

  • Is a 'Grexit' Still on the Cards?   Wednesday, 15 May 2013 | 3:30 AM ET
    Is a 'Grexit' Still on the Cards?

    Ebrahim Rahbari, director of global economics at Citi Research, who coined the "Grexit" term, asks if the risks of Greece exiting the euro have really receded.

  • EasyJet First Half Improves as Britons Flee Cold Winter Wednesday, 15 May 2013 | 3:20 AM ET
    easyjet.jpg

    Low-cost airline easyJet halved its losses in the first half, helped by Easter falling earlier and customers escaping cold weather in Britain and Northern Europe.

  • European Market Opens Lower   Wednesday, 15 May 2013 | 3:00 AM ET
    European Market Opens Lower

    European shares opened lower on Wednesday as preliminary growth data from the euro zone missed estimates and curbed investor sentiment.

  • Are Stocks More Attractive in Europe Than in US?   Wednesday, 15 May 2013 | 3:00 AM ET
    Are Stocks More Attractive in Europe Than in US?

    Giordano Lombardo of Pioneer Investments explains why he is now underweight on US equities and advises looking at Europe for value.

  • Is the Worse Over for Europe?   Wednesday, 15 May 2013 | 2:30 AM ET
    Is the Worse Over for Europe?

    Bob Parker, senior advisor at Credit Suisse, says that the market discounted the euro zone's continued recession as expectations for the rest of the year are improving.

  • Customers Are Reappraising Easyjet: CEO   Wednesday, 15 May 2013 | 2:00 AM ET
    Customers Are Reappraising Easyjet: CEO

    Carolyn McCall, CEO of EasyJet, comments on the airline's strong capacity, growth strategy and why airports' regulated costs are their biggest headwind.

  • Trading the Bull Market   Wednesday, 15 May 2013 | 12:45 AM ET
    Trading the Bull Market

    Michael Hewson, Senior Market Analyst at CMC Markets and Clem Chambers, CEO of ADVFN discuss their strategies in what appears to be very bullish markets amidst weak economic data.

  • HSBC Could Cut 14,000 More Jobs In War on Costs Wednesday, 15 May 2013 | 12:33 AM ET
    HSBC

    HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs globally, as it seeks to drive earnings and dividend growth in the face of muted revenue.

  • Bank of England Chief to Offer Some Good News Wednesday, 15 May 2013 | 12:09 AM ET
    Mervyn King, Governor of the Bank of England

    Bank of England chief Mervyn King should be the bearer of some good news on Wednesday in his final forecasts before handing the reins to Mark Carney, even if the British economy remains far from healthy.

  • Central Banks Are Repeating Greenspan’s Mistake Wednesday, 15 May 2013 | 12:00 AM ET
    Alan Greenspan

    Central banks around the world are repeating the mistakes of former Federal Reserve Chairman Alan Greenspan by flooding markets with cheap money, according to Brunel University's Moorad Choudhry.

  • Yen to Weaken to 120 by Next Year: Economist Wednesday, 15 May 2013 | 12:00 AM ET

    The dollar-yen trade could reach 120 by the end of 2014, according to economists at Capital Economics, who said the yen's downward drive will persist throughout this year and next.

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