Britain's Prime Minister has slammed the European Union's demands for an additional 2.1 billion euros, branding it "unacceptable".» Read More
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors says the recent huge gains in global shares are due for a correction. However he doesn't expect a prolonged slump.
Worries about Europe gave stocks reflux on Monday for the first time in months, and it may be the excuse to take profits from the new year rally.
Discussing what could happen next to the markets amid looming European economic uncertainty, with David Goldman, Former Head of Fixed Income Research at Bank of America and Don Luskin, Trend Macro.
Nick Maroutsos, Founder & Managing Director, Kapstream Capital says it is important to use rating agencies with a pinch of salt. Ratings agencies are a backward indicator rather than a forward-looking one, he adds.
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Speaker John Boehner blasted President Obama for not having a budget yet, with CNBC's Eamon Javers; Rep. Brad Sherman, (D-CA); and Rep. Andy Harris, (R-MD).
European stocks and the euro are tumbling on political uncertainty and a lackluster euro zone economic outlook, and strategists see the weakness continuing.
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Frank Gill, senior director of European sovereign ratings at Standard & Poor, tells CNBC why peripheral economies' route to better competitiveness could be through increasing exports.
Angela Merkel told Spain's Mariano Rajoy she had full confidence in his government's ability to push through reforms, brushing aside a growing corruption scandal.
Erik Nielsen, Global Chief Economist at UniCredit, tells CNBC that the corruption allegations engulfing the Spanish government won't have much of an effect on the markets.
Criminal organizations have infiltrated the highest levels of soccer, threatening the integrity of the sport, law enforcement officials said Monday.
Spanish and Italian stocks led markets lower Monday as investors started fretting about the political situation in both countries, with some indexes suffering one of their worst days in months.
Risks to Spain's economy and financial sector remain elevated as it undergoes a difficult process of fiscal and external adjustment, the IMF reported Monday.
Commerzbank, Germany's No. 2 bank, posted a larger-than-expected quarterly loss after a cut in its medium-term profit forecasts had a damaging effect on its tax accounting.
British researchers said on Monday that a skeleton with a cleaved skull and a curved spine entombed under a car park was that of Richard III, solving a 500-year-old mystery about the final resting place of the last English king to die in battle.
A French-owned Luxembourg-flagged tanker with 17 crew members that went missing off Ivory Coast over the weekend is believed to have been hijacked by Nigerian pirates, the International Maritime Bureau said on Monday.
Euro zone factory prices fell for the second month in a row in December, mirroring the trend in consumer inflation and leaving room for a possible European Central Bank interest rate cut to revive the weak economy.
The fight for control of London-listed Bumi heated up on Monday, with the company's Chairman Samin Tan and co-founder Nat Rothschild taking to the airwaves ahead of a key extra-ordinary general meeting (EGM) due on Feb 21.
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Nicolas Véron, senior fellow at Bruegel says the European banking stress tests will show how rigorous a supervisor of the banks the ECB will be.
David Enrich, European banking editor at the Wall Street Journal says problems in the European bank stress tests are likely to be concentrated in Austria and Italy
U.K. Prime Minister David Cameron has slammed the European Union's demands for an additional 2.1 billion euros ($2.65 billion) as a result of the U.K.'s strong economic performance, branding it "unacceptable".