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The euro is higher against the dollar today; despite news the euro zone is falling back into recession, with Willie Williams, Societe Generale.
European stocks ended lower on Thursday, with a key index hitting a two-month low, as data that showed the euro zone had slipped into recession again spooked investors.
New data shows the euro zone is slipping back into a recession for the second time in 4 years, with the "Squawk on the Street" team.
Spain's economy is sinking deeper into recession, experts agree that the country will miss its budget targets and a several ECB officials have said Spain urgently needs a bailout, yet the bond market is dancing to a completely different tune.
As Southern Europe looks to be getting its house in order in the wake of the currency bloc’s debt crisis, a new report suggests France’s weaknesses are now becoming even more apparent.
Japan could face aggressive new stimulus moves and the euro zone is back in recession — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as Germany confirms its economy has slowed further in the third quarter.
Global banks operating in London have been warned by the top UK bank supervisor that this year’s staff bonuses must reflect the mis-selling and market manipulation scandals that have damaged the sector in the past 12 months. The FT reports.
The more of a bank’s balance sheet is equity, the less room there is for deposits. So what is the “right” level, Moorad Choudhry asks.
Juergen Michels, chief euro zone economist at Citigroup, tells CNBC why signs of weakness in the area suggest the recession will worsen further.
Zurich Insurance Group saw its net profit fall 62 percent in the third quarter, short of analysts expectations.
Dick Boer, CEO of Dutch retailer Ahold, explains why he sees brighter skies on the horizon in the U.S.
The head of Spain’s biggest bank has made an impassioned plea for Europe to adopt a so-called union of its euro zone banks as an “essential” route out of the region’s crisis. The FT reports.
Spain will need no further austerity measures until the end of next year even though it will easily miss its deficit targets, the EU’s top economic official announced on Wednesday in the clearest sign yet Brussels is backing away from an austerity-focused crisis response. The FT reports.
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.
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A yes vote in the upcoming Scottish independence referendum could lead some insurers to move their headquarters to London, says Mark Nicholson, associate director at Standard & Poor's Rating Services.
The U.S. Federal Reserve remains data dependent and will not bow to hawks, says Mark Haefele, global chief investment officer at UBS, as Janet Yellen continues to make the argument that there is slack in the labor market.
European shares closed lower on Friday as tensions in Ukraine flared up once again. It comes after stocks fluctuated as U.S. Federal Reserve Chair Janet Yellen spoke about the labor market in Jackson Hole, Wyoming.