U.K. retail sales fell more than expected in September when compared with the previous month as unseasonably warm weather hit clothing and shoe sales.» Read More
Voters across Lombardy, the industrial heartland of Italy, which calls Milan its capital, may well decide the outcome of the election – and the fate of Mario Monti, Italy's technocratic prime minister now seeking a political mandate. The FT reports.
Political uncertainty over a corruption scandal and revived concerns over the economic health of the euro zone forced the Spanish Treasury to pay more to borrow at a triple-bond auction on Thursday.
After five years at the helm of telecoms company Alcatel-Lucent, CEO Ben Verwaayen has announced he is to step, down telling CNBC that the execution required to complete the firm's turnaround may be beyond his abilities.
Forget about statistics for employment and industrial production, it is being claimed that the price of a hamburger is showing where Europe's economic reforms are working - and where they are not.
Allan Valentiner, director of Fixed Income at Johannes Führ, tells CNBC that the ECB is going to hold short-term rates where they are for quite some time.
Steve Sedgwick takes you through the European market open, where stocks have come in flat.
As countries try to weaken their currencies to boost exports, the risk of a currency war similar to events seen in the 1930s has heightened, according to Morgan Stanley.
Credit Suisse will continue to cut costs aggressively as it seeks to keep profits stable in the wake of poor fourth-quarter earnings and a fragile macro-economic environment, CEO Brady Dougan told CNBC Thursday.
Bernard Charles, CEO of French technology group, Dassault Systemes, tells CNBC that it is 'prudent to be prudent' at the beginning of the year and not set up unrealistic targets.
In 2011, Cyprus was the number-one destination for Russian money being sent abroad and the number-one direct investor in Russia, with more than $13bn in investments, according to Russia’s Central Bank, the Financial Times reports.
Brendan Brown, Head of Economic Research at Mitsubishi UFJ Securities says a short position in the EUR is a good defensive strategy.
Credit Suisse said on Thursday it will cut more costs than expected, after swinging to a lower-than-expected fourth-quarter net profit.
Uwe Parpart, Managing Director, Head of Research at Reorient Financial Markets discusses the Europe markets and says the nervousness there is overdrawn.
Whether stocks can break out one way or the other has been the question of the week, and the drama is building.
The Japanese Index is hitting a 52-month high, and the European markets are posting sizable gains for the year. CNBC's Seema Mody; Brian Kelly, Shelter Harbor Capital; Lee Munson, Portfolio Asset Management; and Dan Greenhaus, BTIG, offer insight.
Lim Say Boon, Chief Investment Officer, DBS Private Bank says the ECB will likely keep the refinancing rate on hold but Mario Draghi is likely to talk about keeping the euro low. He says the rise in Spanish and Italian 10-year bond yields is partly due to political uncertainty.
Lim Say Boon, Chief Investment Officer, DBS Private Bank says unlimited central bank intervention has taken a large amount of tail risks off the table. He has moved from being neutral to overweight on stocks.
Arthur Hogan, Managing Director & Head of Product Strategy Equity Research at Lazard Capital Markets says the ECB is the only central bank that appears to be tightening. He says this has impacted the euro and led to pressure on exporters.
American companies aspire European region to boost its profit in 2013 after years of weakness.
The head of the CFTC says this is yet another glaring example of the financial sector run amok and warns regulators around the globe need bigger and heavier hammers.
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Noel Tagoe, executive director at the Chartered Institute of Management Accountants (CIMA), says what happened at Tesco was an "easy" mistake, as it used historical data to overestimate volumes, which had been falling.
European shares closed higher on Thursday tracking a rally in the U.S., as better-than-expected economic data helped ease fears over lackluster corporate earnings.
CEO of Kingfisher says Tesco is still a very important company for the UK and it can be turned around.