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
Some of the world’s biggest oil companies and traders are poised to export substantial amounts of crude from the US for the first time in decades, as booming output there promises to reshape global energy markets, The FT reports.
Spain’s reluctance to ask for a bailout was justified, said Angel Gurria, the secretary general of the Organization for Economic Cooperation and Development (OECD), as there were signals that any calls for help by Madrid may be rejected.
Jean-Michel Six, Chief Economist for EMEA, S&P says that both Spain's private and public sectors are de-leveraging and its short-term growth prospects are a concern.
Greece is back in the headlines in the wake of a visit by Germany's Angela Merkel. Here's how one expert sees the euro zone's troubles resolving.
While currency investors have been busy monitoring the euro zone mess, downward pressure has been building on the yen.
European shares extended gains on Thursday to close higher, after data showed an unexpected drop in U.S. weekly unemployment benefit claims, reviving hopes the world's biggest economy is recovering.
Australians get to work and the euro bounces back — it's time for your FX Fix.
"I think the Federal Reserve and the ECB are exactly in the right place," explains Roger Altman, Evercore Partners chairman & founder, weighing in on Europe's economic crisis, Fed policy, and the worsening outlook on global growth.
"I think it is going to be a very interesting debate--and an important one," said Roger Altman, Evercore Partners chairman & founder, discussing what to expect from tonight's vice presidential debate between Vice President Joe Biden and GOP challenger Paul Ryan.
CNBC's Kelly Evans has the update on all the market moving events from Europe; including a report Standard & Poor's downgraded Spain's sovereign rating to a notch above "Junk."
Goldman Sachs has told its board of directors that an internal investigation found little substance to allegations made by Greg Smith, the disaffected employee who claimed the bank has a “toxic environment” where bankers refer to clients as “muppets”. The FT reports.
Standard & Poor's decision to cut Spain's credit rating to one notch above junk status is weighing on markets, but analysts see a silver lining.
Jamie Dimon speaks out, PC sales are in decline; U.S. sets tariffs on solar panels and Spain is downgraded by the S&P for the third time this year.
As the Greek government contemplates shedding state-owned assets to help pay down staggering debts, it could consider leasing or even selling the rest of the port to China, the New York Times reports.
Tony Volpon, Strategist for Latin America, Nomura says that Brazil will need to cut interest rates this week.
Joe Magyer, Motley Fool Senior Analyst, The Motley Fool says that equities are the best place to be relative to interest rates.
Risk-sensitive currencies have been on a roll, but these strategists say the fun is about to end.
European shares closed lower on Wednesday for a third consecutive session, with resurging worries about the global economic outlook undermining investor sentiment.
Yra Harris, Partner, Praxis Trading, discusses how to solve Europe's banking crisis, and weighs in on Fed policy and the jobs report, with CNBC's Rick Santelli.
Earnings weigh on risk and the IMF issues a euro zone warning — it's time for your FX Fix.
Get the best of CNBC in your inbox
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.