Russia has dug itself a deep economic hole in exchange for its geopolitical ambitions, and the problem's getting worse.» Read More
One of the world’s largest mining groups, Anglo American, could see its platinum production also affected by striking workers, according to trading company Vincom Commodities.
James Bullard, president of St. Louis Fed, says he supports colleagues who say big banks should be broken up.
Analysts are hailing the beginnings of a recovery in the nation’s housing market. But to beleaguered homeowners, it will not feel like much of one for many months to come, the New York Times reports.
CNBC's Ross Westgate reports on all the market moving events from Europe, including German Chancellor Angela Merkel adopting a firm line on a Greek bailout extension.
Attempts to make sweeping changes to a popular type of mutual fund that played a central role in the 2008 financial crisis have been derailed, the New York Times reports.
Irish businesses face among the highest rejection rates for loans in the euro zone, according to a new report, which has prompted critics to claim Dublin’s 64 billion euro ($80.2 billion) rescue of its banks is not benefiting the wider economy.
The euro zone is currently in chaos with the euro no longer being functional and order will only be restored by giving struggling member states their currency back, according to Matthew Lynn founder of Strategy Economics.
Long known as India’s software hub and a magnet for information technology (IT) jobs, Bangalore is facing challenges as other Indian cities compete for IT investment and the nation’s economy struggles with slowdown and graft. The Christian Science Monitor reports.
The "Mad Money" host explains why this stock is so important as a tell.
Hewlett-Packard lost nearly $9 billion in its third quarter, and polling firm Gallup has been accused by the Justice Department with padding its bills, reports CNBC's Courtney Reagan.
German Chancellor Angela Merkel tops Forbes’ list of the world's 100 most powerful women for the second-consecutive year, and Secretary of State Hillary Rodham Clinton is No. 2.
CNBC's Kelly Evans reports on all the market moving events from Europe, including
Hands up those familiar with the central tenet of corporate finance, the venerable “time value of money”. I imagine that will be all of you. Good, because the global economy being what it is right now, it looks like we are turning that concept on its head.
Austria's triple-A credit rating hangs in the balance, and analysts are divided as to whether the country is more at risk from its banks’ heavy exposure to ex-Communist Eastern Europe or from heavily indebted Western Europe.
Sound corporate earnings, cheap valuations and Russia’s entry into the World Trade Organization make the country's equity market stand out among its emerging-market peers, fund mangers say. Russian stocks, for example, are the cheapest among the equity markets of the BRIC countries – Brazil, Russia, India and China.
Europe’s crisis triggers a real estate fire sale, ranging from $1.50 homes to priceless heritage, the Global Post reports.
The U.S. may enjoy the privilege of printing the world’s reserve currency, but the UK currently enjoys lower government borrowing costs – and by the widest margin in almost six years. The FT reports.
Stephen O'Brien puts in long hours: he typically shows up by 7:30 a.m. at the convenience store he owns and manages in Dún Laogahire, Ireland, and it's rare that he finishes before 7 p.m. Layoffs have meant that he and others are picking up duties once distributed across a more robust staff. The Christian Science Monitor reports.
To John Sims, the Himalayas, with some of the finest mountain slopes in the world, seemed like the perfect place to build India’s first Western-style ski resort. The NYT Reports.
What to expect from the markets tomorrow, with Brian Peery, Hennesy Funds; Quint Tatro, Tatro Capital; and Bryan Piskorowski, Wells Fargo Advisors.
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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.