Russia has dug itself a deep economic hole in exchange for its geopolitical ambitions, and the problem's getting worse.» Read More
BAE Systems has insisted it will walk away from talks with EADS unless the combined European champion in aerospace and defence was allowed to operate as a normal company without political interference. The FT reports.
Willem Nabarro, Head European Equities (Asia) at Exane-BNP Paribas says that European equities have outperformed U.S. stocks tremendously and that there is still more upside.
The economy took center stage in the Dutch election campaign, as the euro zone's fifth-largest economy is set to slide back into recession in the second half of the year. Unemployment stands at a seven-year high of 6.5 percent but the biggest problem may not have even fully unfolded yet: the shaky grounds of the housing market.
The other shoe has dropped and QE3 is upon us. Here's your currency trade on the news.
The Swiss National Bank has left its euro-Swiss franc floor in place. Is this really necessary?
Europe's four-year old debt crisis seems to be in remission allowing Spain to delay requesting a full bailout, but some analysts are growing worried the country's sanguine attitude could come back to haunt Europe.
European stocks closed lower on Thursday after a day's thin trade, as investors await to see if the U.S. Federal Reserve will unveil further stimulus measures which could add fresh fuel to the market's sharp three-month rally.
Fed meeting news awaits and Asian central banks stand pat — it's time for your FX Fix.
Brazil, Russia, India and China – together termed BRICs have been an investment disaster and were a marketing-led concept , according to John-Paul Smith, emerging markets equity strategist at Deutsche Bank.
The London mansion of Rafiq Hariri, Lebanon’s late prime minister, has been put up for sale in what is expected to be the most valuable housing transaction in British history, the FT reports.
When Tom Enders, a former paratrooper in the German armed forces, took the helm of EADS in June, he let it be known inside the company that he wanted to do something bold to put his stamp on the European aerospace manufacturer. The FT reports.
Spain's economic crisis has prompted a movement within Spain dubbed it “rurbanismo,” a term invented to describe the reverse migration from city to country that has stemmed a generations-old trend that has long been the usual pattern in most advanced industrial economies, the New York Times reports.
Things are perking up for the automobile industry as cheap financing makes a comeback, and the reason can be traced to booming demand for asset-backed securities on Wall Street. The FT reports.
Lawyers within the Treasury Department have recommended a preliminary settlement with Standard Chartered, clearing the path for the British bank to pay a penalty to state and federal prosecutors and to move beyond claims that it flouted laws governing international money transfers. The NYT reports.
New quantitative easing could push the dollar lower against the euro, but one strategist recommends caution.
Abercrombie & Fitch has retained Goldman Sachs as an advisor in the face of continued pressure from Relational Investors, reports CNBC's Kayla Tausche.
European stock markets closed mixed on Wednesday, paring earlier gains reached after a German court ruled to back the permanent euro zone rescue fund.
Europe cleared a number of major hurdles in its quest to find a comprehensive solution to the euro zone debt crisis on Wednesday, with a German court giving its heavily-anticipated approval for a new rescue fund and the unveiling of new proposals for a European banking union and more European integration.
Rumors have been growing over the whereabouts of Xi Jinping, the man widely tipped to be the next president of China, but Chinese authorities and the media have remained silent about his health or whereabouts.
Germany okays the bailout and British jobless claims fall — it's time for your FX Fix.
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Jan Dunning, CEO of St Petersburg-headquartered hypermarket chain Lenta, says the situation in Ukraine has had no impact on the group, as consumer confidence remains unaffected in Russia.
Vincent Deluard, European strategist at Ned Davis Research Group, says the strong euro is a problem for the region's companies, especially for the large exporters.
European shares closed higher on Thursday as investors brushed aside concerns regarding Ukraine and focused instead on Wall Street earnings and the latest U.S. jobs data.