Vueling and Iberia became the latest European airlines to allow to the use of electronic devices during all stages of a flight.» Read More
The S&P 500 held above its key 1,400 level on Wednesday, despite negative pressure from Europe.
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The U.K. is not renowned for its smooth relationship with its European partners and, like the end of a tempestuous love affair where both partners have tried their best to accommodate the others’ demands, the relationship could finally hit the rocks with Britain leaving the EU for good, according to a report by Nomura.
Rate talk at the Bank of England boosts the pound, but the New Zealand dollar is coming back to earth — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as shares recede from 4-month highs.
With “low-cost” flights to Spain more expensive than ever, a general and tourism industry VAT (sales tax) rise and a sharp fall in bookings, there are fears that tourism — the jewel in Spain’s economic crown — will not be able to retain its luster as the economy falters there, and beyond.
“We can do it alone” is the latest rallying cry to be heard in Italy as economists and politicians shower Mario Monti with proposals to use the country’s own vast but often dormant resources to slash its debt mountain rather than become hostage to the perceived diktat of Germany and Brussels. The FT reports.
Gabriel Stein, CEO of OMFIF, says trying to keep the euro zone together will lead to an economic catastrophe, protectionism and nationalism in Europe.
The call to Vincent Grandil’s Paris law firm began like many others that have rolled in recently. On the line was the well-paid chief executive of one of France’s most profitable companies, and he was feeling nervous.
The US wants China and Arab states to help foot the $3bn bill for a deal designed to unlock oil production and set Sudan and South Sudan back on the path to peace, the FT reports.
Charles Morris, Head of Absolute Return at HSBC Global Asset Management says EZ bonds yields are much better and European stock markets will rally.
Several senior British MPs accused U.S. regulators of pursuing an anti-City of London agenda in its assault on Standard Chartered, suggesting it was part of an apparent campaign to weaken a rival financial center. The FT reports.
Disney beats earnings; S&P cuts Greece outlook; Priceline plummets after disappointing earnings and magazine sales decline.
Manpreet Gill, Senior Investment Strategist, Standard Chartered talks about taking advantage of volatility in the markets, calling this a good opportunity to average into desired asset classes.
Boris Schlossberg, MD of FX Strategy at BK Asset Management says the euro faces stiff resistance at the 1.25 level. In order for it to break that, there will need to be clear action from the ECB.
In the final stretch of earnings, and data out of Europe, Paul Christopher, Wells Fargo; Chad Morganlander, Stifel Nicolaus; and Craig Hodges, The Hodges Fund, discuss what's on their radar for tomorrow's trading session.
Norway is confronting both a strong currency and a housing boom, complicating interest rate policy.
Financial Web site NerdWallet is reporting that the ten most profitable companies in the U.S. paid a tax rate of just 9 percent last year. Seth Hanlon, Center for American Progress, says companies should not be gaming the system like that. Meanwhile Dan Mitchell, Cato Institute, says the real problem is the tax code itself.
With global risk appetite set to improve, the sun isn't rising on the yen, says this strategist.
Discussing whether President Obama is paying enough attention to the fiscal cliff, with Diana Furchtgott-Roth, Manhattan Institute, and David Callahan, Demos Public Policy Center.
Bill McDermott, co-CEO of SAP, discusses the company's latest investment in the cloud and big data.
Eswar Prasad, author of "Dollar Trap", argues that the U.S. dollar will remain the world's reserve currency for a long time.
The Co-op CEO Euan Sutherland has offered his resignation, CNBC¿s Helia Ebrahimi has confirmed, adding that the group was split between modernizers and the old school, according to reports.