A gun attack in east Ukraine at the weekend threatens to derail a peace deal to prevent a broader conflict in the region, analysts say.» Read More
Trying to ride a risk rally in currencies? Better hold on tight.
It’s the last thing the global economy needs right now: evidence that the U.S., too, is slowing. And yet the latest retail sales data point in exactly that direction. Sales at retail and food-service establishments dropped 0.5 percent in June from the prior month, the Commerce Department said, in contrast to the 0.2 percent gain that was expected.
CNBC's Simon Hobbs reports European shares fell on weak U.S. retail sales data; a look at changes investors may see at P&G; the last market activity in the U.S. stocks; and the latest fallout from the PFGBest scandal, with CNBC's Brian Shactman, Bob Pisani, and Gary Kaminsky.
CNBC's Steve Liesman breaks down the data on the IMF's forecast for global growth, including the downside risks from Europe's financial crisis and the U.S. "fiscal cliff."
When the world watches American Olympian Nick Symmonds go for gold in the men’s 800 meter competition at the London Olympics, viewers may notice something different about his outfit.
The euro slips on debt worries and the dollar dips awaiting Bernanke — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at equities; weighed down by earnings worries.
As regulators ramp up their global investigation into the manipulation of interest rates, the Justice Department has identified potential criminal wrongdoing by big banks and individuals at the center of the scandal. The New York Times reports.
Despite worries about the global economy, the rapidly unfolding Libor scandal and pressure from regulators around the world, this is a good time to buy U.S. banking stocks, according to Dennis Gartman, author of The Gartman Letter.
The head of Europe’s top banking regulator has raised the bar for lenders’ capital requirements, insisting that the 9 percent capital ratio they had to hit as a “temporary buffer” by June is to become permanent, the Financial Times reports.
The tech companies are trying to catch the blockbuster iPad in a race to win the tablet market, the New York Times reports.
Ben Bernanke’s semi-annual testimony to congress will be the markets' big focus this week, with investors looking for clues on whether weaker economic data will see the Federal Reserve governor indicate he is ready to pull the trigger on a third round of quantitative easing or QE3.
They are supposed to be among Wall Street’s most closely guarded secrets: changes in research analysts’ views, up or down, of a company’s prospects. But some of the nation’s biggest brokerage firms appear to be giving a handful of top hedge funds an early peek at these sentiments — allowing them to trade on the information before other investors get the word, the New York Times reports.
Saudi Arabia and the United Arab Emirates have opened new pipelines bypassing the Strait of Hormuz, the shipping lane that Iran has repeatedly threatened to close, in a move that will reduce Tehran’s power over oil markets, the Financial Times reports.
John Noonan, Senior FX Analyst at Thomson Reuters says that the ECB needs to do more printing than the Fed over the next few months. He sees the euro heading towards the 1.18/19 level.
Paul Gambles, Managing Partner, MBMG International says that U.S. banks are $1-2 trillion dollars under-capitalized
Hublot exports 40 percent of its products to China. With China’s GDP numbers out Friday morning indicating economic growth falling to 7.6 percent, the slowest pace in three years, the luxury time-piece company has a lot to think about.
Marc Faber of "The Gloom, Boom & Doom Report," reacts to China's GDP data, and today's market rally. Tim Seymour of EmergingMoney.com; Ron Shah, Managing Partner, Jina Ventures; and Richard Ross, Auerbach Grayson, weigh in.
Is it possible that Italy will leave the euro zone before Greece? One analyst says it could happen, with CNBC's Melissa Lee, the Money In Motion traders and David Woo, BofA Merrill Lynch.
Iran has announced plans to start building its first nuclear submarine—a piece of advanced military technology that only the most powerful nations on earth are even able to construct—and which runs on uranium enriched to such a level that it can double as the fuel source for a nuclear bomb.
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Jan Dunning, CEO of St Petersburg-headquartered hypermarket chain Lenta, says the situation in Ukraine has had no impact on the group, as consumer confidence remains unaffected in Russia.
Vincent Deluard, European strategist at Ned Davis Research Group, says the strong euro is a problem for the region's companies, especially for the large exporters.
European shares closed higher on Thursday as investors brushed aside concerns regarding Ukraine and focused instead on Wall Street earnings and the latest U.S. jobs data.