BP, the U.K. oil giant, announced a 34 percent rise in profits Tuesday – but its results bore out the importance of its Russian investments.» Read More
The clouds hanging over European consumers and dampening spending show no sign of lifting, as consumer confidence in the region continues to be the lowest in the world.
CNBC's Simon Hobbs reports millions of workers across Europe went on strike today to protest austerity measures, and stocks headed into red territory.
Sotheby's staged the biggest auction in its 268-year history on Tuesday, led by a $75 million Mark Rothko and a record-setting $40 million work by Jackson Pollock at its post-war and contemporary art sale.
Politics roil the yen and a Bank of England forecast sinks the pound — it's time for your FX Fix.
Asia will continue to drive profits for British insurer Prudential as the continent eclipses its home market , the company’s CEO told CNBC Wednesday, with the company hoping to benefit from growth in China.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks retreat from the previous day's gains.
U.S. markets may rally once more before slumping for the subsequent six to 18 months, according to a research note by Nomura Strategist Bob Janjuah.
The government is prepared to delay its flagship welfare reform amid fears the complex changes may need to be more thoroughly tested before being extended to all benefit claimants, the Financial Times has learnt.
The financial industry should not go “overboard” in cutting costs in reaction to current market conditions, the chief executive of Goldman Sachs has warned, a day before the bank is poised to announce one of its smallest ever groups of new partners. The FT reports.
In honor of John McAfee, who spoke to our own Jeff Pohlman today while he is trying to stay one step ahead of the law in Belize.
This strategist says there are more positive trends out there than investors realize.
Insight on the markets, with Carol Roth, "The Entrepreneur Equation" author; Bruce McCain, Key Private Bank; and Stephen Guilfoyle, Meridian Equity Partners.
Bargain-hunting and talk of a financial aid deal for Greece pushed European shares into a positive close, despite gloomy German data and negative corporate news.
CNBC's Simon Hobbs reports European shares closed slightly higher on Tuesday, as U.S. stocks were up ahead of fiscal cliff talks, with CNBC's Bob Pisani.
The latest plot turn in the Greek drama has this strategist rethinking his euro view.
The markets are going to go into meltdown soon so expect stocks to lose 20 percent of their value, Marc Faber, author of the Gloom, Boom and Doom report told CNBC on Tuesday.
Australian business conditions deteriorate and U.K. inflation lifts — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as new economic data shows the euro zone debt crisis is taking its toll on Europe's largest economy.
Patrick Armstrong, managing partner at Armstrong Investment Managers, tells CNBC emerging markets have spurred an increase in global oil demand, despite Europe's weak economy and minimal growth in the U.S.
The government has decided that new mothers know best, as it prepares to announce proposals that will allow them to divvy up annual parental leave allotments with husbands or partners. The FT reports.
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Ranjith Gopinathan, programme manager, life sciences and healthcare practice at Frost & Sullivan, discusses pharmaceutical groups Merck and Pfizer ahead of their quarterly results.
Hessam Nadji, CSO at Marcus and Millichap, discusses the U.S. real estate market and says that on the residential side, the back half of the year should be "pretty strong".
Dan Greenhaus, chief global strategist at BTIG, says that on a relative basis, the U.S. equity market remains "where you want to be".