Mark Carney pledged to appoint a new Deputy Governor at the Bank of England to lead a "root and branch" review of its strategy, after suspending an official over the foreign exchange market manipulation scandal.» Read More
Boris Johnson stole the show from David Cameron with a barnstorming speech at Mondays’ parade celebrating the sporting achievements of Britain’s Olympians and Paralympians, the FT reports.
Steve Wynn wins $20 million from Girls Gone Wild Joe Francis; GoDaddy suffers a denial of service attack; another Zynga departure and Moody’s cuts Panasonic debt rating.
Investors should be looking at European stocks for value and returns despite the higher risk associated with the region and overlook U.S. stocks, according to Peter Toogood, Director of Investment at Old Broad Street Research.
David Kotok, Chairman and Chief Investment Officer, Cumberland Advisors says the ECB agreed to buy season bonds because when the ESM kicks in all bonds will be issued with the same collective action clauses in the Euro Zone.
The Australian dollar's prospects are brighter than many think, this strategist says - but there's a better game in town.
Andrew Slimmon, Morgan Stanley portfolio manager, explains why he is bullish on Europe now.
European shares closed lower on Monday ahead of a week of decisive political events in Europe and the Federal Reserve’s key meeting this week.
Japan is slowing and Italy talks tough — it's time for your FX Fix.
Europe’s big banks could be forced to ringfence trading assets under a plan emerging as the consensus recommendation of an EU-wide review of the structure of banking, the FT reports.
Ivan Glasenberg had argued for months that his offer for Xstrata of 2.8 Glencore shares for each of the London-listed miner's was 'generous', now questions have been raised over his climbdown, the FT reports.
George Soros has issued a passionate plea to the German government to lead the eurozone out of recession by boosting growth, creating a joint fiscal authority and guaranteeing common bonds, or itself leave the currency union to save the future of Europe. The FT reports.
Italian Prime Minister Mario Monti said he has no immediate plans to access the ECB's new bond-buying program, in an exclusive interview with CNBC.
The gloomy jobs report may make quantitative easing more likely - or maybe not. Here is one strategist's trading plan.
After Thurday’s announcement by the president of the European Central Bank, Mario Draghi, in which he detailed the central bank’s pledge to buy government bonds of struggling euro zone countries, newspapers in Germany have hit out at the plan with surprisingly few exceptions.
The European Central Bank's bond buying program has been received with skepticism by the Bundesbank and the German press, but Chairmen of two major banks have come out to back Draghi's latest plan.
The European Central Bank's bond buying plan is a hit, and nonfarm payrolls await — it's time for your FX Fix.
Nouriel Roubini, the economist known for his gloomy predictions, told CNBC Friday that he is still pessimistic on the outlook for the U.S. — and that he expects a further round of quantitative easing from the Federal Reserve in December.
President François Hollande’s socialist government was facing mounting questions on Thursday night over whether it was preparing to back down on its controversial 75 percent marginal tax rate for the rich, the Financial Times reports.
Big investment banks in Europe, including Nomura, Credit Suisse and UBS, are stepping up plans to cut jobs as they seek to adapt to a drastic slowdown in revenues and tighter regulation, the FT reports.
The United States is suddenly competing for influence over its most stalwart ally in the Middle East, the Global Post reports.
Cyprus's finance minister, Harris Georgiades, concedes there were "problems in the past" between the Cypriot government and the central bank governor, who has just resigned.
European stocks closed mixed on Tuesday, as the crisis in Ukraine curbed enthusiasm for riskier assets.
Riccardo Barbieri, chief European economist at Mizuho International, says UniCredit could be vulnerable the turmoil in Ukraine, given its exposure to eastern europe.