Piraeus Bank, one of Greece’s largest banks, will be the first Greek bank to raise new capital on the markets since the start of the euro zone crisis.» Read More
The euro zone debt crisis which has plagued the global economy negatively impacting even those outside of the bloc has ensured relatively subdued expectations for the start of the corporate earnings season.
The debate over whether the world’s economy is facing a dramatic crash has gained traction in recent weeks, as the euro zone debt crisis continued to dominate headlines and worries about other major economies like the U.S. and China grew.
Earnings season heats up as Intel and Yahoo beat expectations; Hank Greenberg gets a legal victory and the FDA approves Vivus anti-obesity pill.
The fiscal crisis for states will persist long after the economy rebounds as they confront rising health care costs, underfunded pensions, ignored infrastructure needs, eroding revenues and expected federal budget cuts, according to a report issued here Tuesday by a task force of respected budget experts, the New York Times reports.
Investors are, in effect, paying half a dozen countries for the privilege of lending them money in the short term following the recent European Central Bank rate cut and a flight by investors to perceived havens, the FT reports.
No matter who you are, if you qualify for a home loan, you’re going to get an historically low interest rate on your mortgage in the current market. But unless you’re a billionaire, it won’t be as low as Mark Zuckerberg’s, the Christian Science Monitor reports.
Mario Monti has expressed “serious concerns” that Sicily’s regional government is heading towards default and has asked its governor – who is under investigation for suspected links to the Mafia – to confirm his intention to resign. The FT reports.
Michael Spencer, Chief Economist, Asia Pacific and Co-Head, Global Economics, Deutsche Bank explains why he thinks it's too early to determine whether Europe has gotten out of the "intensive care" unit.
Where can investors find profits in the market? Jeff Kleintop, LPL Financial, and Bob Doll, BlackRock, weigh in. "I think we are getting decent news from technology, health care, and even earnings," says Doll.
Check out his interview with this company’s CEO.
China's central bank reserves are barely growing, and that is bad news for the euro.
Thinking the euro has hit bottom? Think again, says this strategist.
Bernanke's testimony looms and British inflation sinks — it's time for your FX Fix.
Monday’s weak US retail sales showed that the world’s biggest economy is slowing very quickly, leading one economist to claim America has gone from “first half hero to second quarter zero.”
CNBC's Kelly Evans reports on all the market moving events from Europe, including the latest details on Tuesday's Libor hearing.
HSBC ignored warnings that its activities may have possibly exposed the US financial system to drug money from Mexico and inadvertently provided banking services to lenders suspected of links to terrorist organizations, Senate investigators have claimed in a new report, the Financial Times reports.
Investors should be looking at investment grade corporate credit rather than Treasurys, Gina Sanchez, Director of Equity and Asset Allocation Strategy at Roubini Global Economics told CNBC.
The S&P 500 index is on the verge of hitting an “ultimate” death cross, where the market’s 50-month moving average falls below the 200-month average, according to a research note by Societe Generale.
What did we think of European Commission President Jose Manuel Barroso’s comments last week on the UK and Europe?
Ten days after becoming Irish finance minister last March, Michael Noonan spoke with Jean-Claude Trichet, then the chief at the European Central Bank, and told him what his Fine Gael party had been telling voters for weeks: the new government intended to force losses on holders of senior Irish bank debt, the Financial Times reports.
In an exclusive interview from the World Economic Forum, Emaar Chairman Mohammed Alabbar tells Access: Middle East why he's looking forward to a rapprochement with Iran, plus where he sees growth opportunities for Emaar.
As the Davos Conversations continue, Access: Middle East takes an exclusive tour of the world's tallest building, the Burj Khalifa, with Emaar Chairman Mohammad Alabbar.
As our exclusive interview with Mohammad Alabbar concludes, we take a closer look at the world's biggest shopping mall as the Chairman answers questions about a possible IPO, plus where Emaar is going next.