Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.» Read More
A bomb went off at the offices of a Greek ultra-right group near Athens early on Tuesday causing damage but no casualties.
Angela Merkel kicks off her re-election drive on Tuesday at a congress of her conservative Christian Democrats (CDU), where the chancellor will be feted like a star for defending German interests in the euro zone crisis.
Greece's economy is in recession but there are reasons to be upbeat and the debt-laden nation will be able to rebound strongly as it works its way through reforms, European Central Bank governing council member Christian Noyer told CNBC.
Andrew Pease, Global Head of Investment Strategy at Russell Investments, says while Europe has focused on liquidity in 2012, solvency will take the spotlight in 2013.
Kevin Gaynor, Co-head of Macro Strategy Research, Nomura is bullish on China in Q4 and Q1 next year, but explains why growth is expected to fade rapidly in the second half of 2013.
Robert Rennie, Global Head, FX Strategy, Westpac Bank says EUR/USD will continue to rally and could hit 1.35 in the first quarter next year.
Peter Morici, professor at the Smith School of Business, University of Maryland and former Chief Economist at the U.S. International Trade Commission discusses the U.S. fiscal cliff situation and the recent sovereign downgrades in the euro zone.
Bruno Del Ama, CEO, Global X Funds says that the energy plays like natural gas and unconventional oil sectors are very compelling.
The euro gained for a fourth straight session on Monday to hit a six-week high as news from Spain and Greece eased concerns about the debt-burdened countries.
CNBC's Simon Hobbs reports Spain formally requested an EU bailout for its banks; and an update on the Greek debt buyback plan, with CNBC's Silvia Wadhwa. Also, an update on U.S. markets, with CNBC's Bob Pisani.
CNBC's Rick Santelli talks with Daniel Stecich, TJM Institutional Services, about the outlook on Europe and its impact on the U.S. economy.
Spain on Monday requested formally the disbursement of 39.5 billion euros of European funds to recapitalize its crippled banking sector.
Swiss bank UBS is close to a settlement with U.S. and U.K. authorities and is expected to pay more than $450 million over claims that some of its employees submitted false Libor rates, the NYT reported.
Greece on Monday said it would conduct its bond buyback offer through a modified Dutch auction method in which investors declare how much they are willing to sell their bonds at before the price is determined.
British Chancellor George Osborne said on Sunday that it would be "catastrophic" to reverse his austerity policy,but Adam Posen, a former member of the Bank of England's Monetary Policy Committee, told CNBC that both Osborne's austerity package - and apocalyptic warnings - were self-defeating.
Melissa Kidd, Director from Lombard Street Research says investors shouldn't be too optimistic on the recent rebound in China data because they come from a very low base. The overall picture for China economy and markets is still very bearish.
China could eclipse the United States sooner than many think as the yuan becomes a major player on the word stage that could put the dollar in the shade, analysts told CNBC.
German Chancellor Merkel said Greece's creditors may look at writing down more of its debt, but not before the current bailout program runs its course.
Advertising tycoon Martin Sorrell says uncertainty across the globe is stifling business, and he criticized Washington for "fiddling while Rome burns."
France backed away from a threat to nationalize a steelworks, saying it secured promises from ArcelorMittal to avoid any forced layoffs at the site.
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The "iconic London building", the Gherkin, has been put on the market for $1.1 billion. Julian Stocks, partner at Deloitte Real Estate, comments on potential buyers and the London office sector.
Carlos Caicedo, principal analyst at IHS Country Risk, says that Argentina defaulting and then restructuring its debt a few months later could lead to capital flight, currency fluctuations and social unrest.
Hans Humes, founder and CEO of Greylock Capital, discusses Argentina's bond woes and says holdout bondholders need "some kind of gesture" from the country.