Swiss watch exports to China saw a bumper 49 percent rise in July from the same time last year, industry figures show, a remarkable return to growth.» Read More
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.
The euro, which hit a two-month low against the dollar on Tuesday as hopes that Greece would receive essential aid soon, faces further losses as concern about Greece’s future grow, currency analysts warn.
Eurozone finance ministers last night postponed agreement on Greece’s long-delayed €31.3 billion aid payment for yet another week as divisions between the International Monetary Fund and EU creditors over how fast Athens must reduce its burgeoning debt levels burst into the open. The FT reports.
Greece's new austerity budget is a start, but this analyst says it's time to go big.
European shares ended lower for a fourth straight session on Monday, with mounting uncertainties related to a looming U.S. fiscal crisis and the next tranche of aid for Greece hurting investor sentiment.
CNBC's Simon Hobbs reports European markets are still worried about Greece, while CNBC's Gary Kaminsky compares Apple against RCA. Also, an update on mid-session trading, with CNBC's Bob Pisani.
The U.K. government should avoid trying to help businesses, technology group Aveva’s CEO said on Monday, because government intervention inevitably leads to more legislation and red tape.
As the Euro group of finance ministers meeting in Brussels on Monday announced that a final aid decision for Greece is not possible prior to a full debt analysis, a former European Central Bank (ECB) official told CNBC that Europe needs to help Greece with more time and less debt.
Greece bites the bullet and Japanese GDP sags — it's time for your FX Fix.
Jeff Kilburg, Killir Kapital Management, and David Joy, Ameriprise Financial, provide their top trades, as the markets await a clear solution to the fiscal cliff problem. "I still would take some risk off the table," added Joy.
CNBC's Ross Westgate reports on all the market moving events from Europe, as worries about Greece's debt problems were offset by strong trade data from China.
Iran launched large-scale air defense drills in the country's eastern half on Monday, Iranian media reported, amid heightened tensions between Tehran and Washington over a military incident in the Gulf reported last week.
KKR—the private equity group immortalized as the Barbarian at the Gate—is launching two investment funds to be distributed to individuals by Charles Schwab, the US brokerage. It is the latest sign of the pressure on private equity firms to become more like traditional asset management firms, the Financial Times reports.
The number of Spanish families facing eviction is mounting at a dizzying pace, and when they can’t move in with relatives, they often take over empty homes, and there are plenty of them. The NYT reports.
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Finn Kydland, professor of economics at the University of California and 2004 Nobel Prize Laureate, discusses monetary policy and says the Fed's recent behavior raises questions.
Natalie Berg, global research director at Planet Retail, describes U.K. retail sales as "disappointing" and discusses the supermarkets' "price war".
Christian Schulz, senior economist at Berenberg Bank, and Hans Redeker, global head of foreign exchange strategy at Morgan Stanley, discuss the euro zone and what is needed for stronger growth.