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  • Sterling Slides on Data, IMF Warns UK Over Growth Wednesday, 22 May 2013 | 6:38 AM ET
    Pound coin

    Sterling tumbled following minutes released by the Bank of England and disappointing retail sales, as the IMF warned the U.K. is at risk of "permanent damage" if its growth remains persistently slow.

  • Global Markets: Europe Stocks Mixed Wednesday, 22 May 2013 | 6:06 AM ET
    Global Markets: Europe Stocks Mixed

    CNBC's Ross Westgate reports on all the market moving events from Europe, as investors look for signs from the Fed's Bernanke on whether the current stimulus program will be tapered.

  • International Cooperation Needed on Tax: David Cameron Wednesday, 22 May 2013 | 5:53 AM ET
    International Cooperation Needed on Tax: David Cameron

    David Cameron, British prime minister, tells CNBC ahead of the EU Summit on tax fraud that he 'believes in low taxes for businesses' and highlights that international cooperation is crucial to tackle tax evasion.

  • This Bonus Cap May Put Pressure on US Banks Wednesday, 22 May 2013 | 5:10 AM ET

    As EU regulators mull introducing the world's strictest bonus cap, the president of the European parliament told CNBC that the plan could put pressure on the U.S. to follow suit.

  • Bonus Limits Won't Reduce Competitiveness: Schulz Wednesday, 22 May 2013 | 4:51 AM ET
    Bonus Limits Won't Reduce Competitiveness: Schulz

    Martin Schulz, president of the European parliament, rejects the idea that implementing tougher bonus limits will reduce European banks' competitiveness.

  • Tax Evasion Dangerous for Europe: Schulz Wednesday, 22 May 2013 | 4:27 AM ET

    Martin Schulz, president of the European parliament, has warned that revelations of tax evasion by major companies were leading to a loss of trust among the European public.

  • 'Brixit' Still Possible: Pro Wednesday, 22 May 2013 | 4:20 AM ET
    'Brixit' Still Possible: Pro

    Alastair Newton, senior political analyst at Nomura, talks about the likelihood of a referendum on EU membership and says a "Brixit" could still happen in the coming five years.

  • Tax Evasion Erodes Trust in Europe: Schulz Wednesday, 22 May 2013 | 3:38 AM ET
    Tax Evasion Erodes Trust in Europe: Schulz

    Martin Schulz, president of the European parliament, told CNBC that growing concerns over tax evasion was leading to a loss of trust among the European public.

  • European Markets Open Mixed Wednesday, 22 May 2013 | 3:00 AM ET
    European Markets Open Mixed

    Steve Sedgwick takes you through the European market open where stocks have come in mixed.

  • The Thin Lady Sings: Spanish Opera Protests Austerity Wednesday, 22 May 2013 | 2:50 AM ET

    Austerity opera "El crepusculo del ladrillo," premiered on Sunday in la Tabacalera, a rundown tobacco factory in downtown Madrid, to rapturous applause.

  • Opportunities in Market 'Dislocations': Pro Wednesday, 22 May 2013 | 2:30 AM ET
    Opportunities in Market 'Dislocations': Pro

    Simon Waxley, senior portfolio management at Whitebox Advisors, tells CNBC that Europe is in a dislocation at the moment and they are trying to exploit moves around this.

  • Kids Turn to Twitter, Shun Facebook 'Drama' Wednesday, 22 May 2013 | 2:29 AM ET

    Teen use of Twitter has grown significantly, a new report into social media networks shows, while Facebook is losing market share to its quick-messaging rival.

  • EU Bank Bonuses to Affect a Lot More Bankers Wednesday, 22 May 2013 | 2:27 AM ET

    EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash.

  • Shale Gas Could Be UK's 'New North Sea' Wednesday, 22 May 2013 | 2:20 AM ET
    Drill pipe at a shale gas exploration site in Singleton, U.K.

    Shale gas development in the U.K. could create 74,000 jobs and halve the country's future dependency on gas imports, according to a new report by the Institute of Directors.

  • Are Markets Getting a Free QE Lunch? Wednesday, 22 May 2013 | 2:00 AM ET
    Are Markets Getting a Free QE Lunch?

    Blu Putnam, chief economist at CME Group, tells CNBC that there is a time delay from Fed QE with the good effects now and then all kinds of trouble on the exit strategy from 2016.

  • Europe Needs Big Reforms: Bank of Canada's Carney Wednesday, 22 May 2013 | 1:46 AM ET
    Incoming Bank of England Governor Mark Carney

    Europe could face a decade of stagnation unless it makes big reforms and should heed the lessons of Japan, Bank of Canada Governor Mark Carney said on Tuesday as he highlighted Japan's bold moves to bolster growth.

  • Economists Put Cash on the Line With Twitter Bet Tuesday, 21 May 2013 | 11:34 AM ET

    Two economists have decided to put their money where their mouth is, betting on whether inflation will rise once the U.K. economy recovers.

  • European Markets Close Lower on Fed Fears Tuesday, 21 May 2013 | 11:31 AM ET
    European Markets Close Lower on Fed Fears

    CNBC's Simon Hobbs reports the top business stories from Europe, as investors worry the U.S. Federal Reserve may taper its bond purchase program.

  • European Markets Close Lower Tuesday, 21 May 2013 | 11:30 AM ET
    European Markets Close Lower

    Louisa Bojesen takes you through the European market close, where stocks have come in lower on Fed fears.

  • Germany on Track for Solid Q2 Recovery: Bundesbank Tuesday, 21 May 2013 | 9:31 AM ET
    Germany’s Housing Market Is ‘Flying’ – But Is It a Bubble?

    Germany, the euro zone's largest economy, is on track for a recovery thanks to a pick-up in demand for its products from abroad, the Bundesbank said on Tuesday.

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