French turbine and train maker Alstom has moved to quash rumors that the company is in talks with General Electric (GE) about a possible takeover.» Read More
China's central bank reserves are barely growing, and that is bad news for the euro.
Thinking the euro has hit bottom? Think again, says this strategist.
Bernanke's testimony looms and British inflation sinks — it's time for your FX Fix.
Monday’s weak US retail sales showed that the world’s biggest economy is slowing very quickly, leading one economist to claim America has gone from “first half hero to second quarter zero.”
CNBC's Kelly Evans reports on all the market moving events from Europe, including the latest details on Tuesday's Libor hearing.
HSBC ignored warnings that its activities may have possibly exposed the US financial system to drug money from Mexico and inadvertently provided banking services to lenders suspected of links to terrorist organizations, Senate investigators have claimed in a new report, the Financial Times reports.
Investors should be looking at investment grade corporate credit rather than Treasurys, Gina Sanchez, Director of Equity and Asset Allocation Strategy at Roubini Global Economics told CNBC.
The S&P 500 index is on the verge of hitting an “ultimate” death cross, where the market’s 50-month moving average falls below the 200-month average, according to a research note by Societe Generale.
What did we think of European Commission President Jose Manuel Barroso’s comments last week on the UK and Europe?
Ten days after becoming Irish finance minister last March, Michael Noonan spoke with Jean-Claude Trichet, then the chief at the European Central Bank, and told him what his Fine Gael party had been telling voters for weeks: the new government intended to force losses on holders of senior Irish bank debt, the Financial Times reports.
On Tuesday morning at precisely 8:30, after a 10-second countdown synchronized to the Naval Observatory’s atomic clock, a Labor Department official will flip a master switch in the agency’s battened-down pressroom and computers will blurt out the monthly Consumer Price Index, the New York Times reports.
FDIC officials have handled so many sick American banks in recent years, they have developed a slick drill: if a bank is deemed bust, FDIC “shock troops” will arrive, typically on Friday night, seize control, reassure staff and depositors – before either closing the banks or selling it on. The FT reports.
Rob Aspin, Head of Equity Investment Strategy at Standard Chartered Bank says it is a good time to look for stocks on an opportunistic basis and have a balanced portfolio. He says to maintain some exposure to equities and hold sectors such as staples, telcos.
Shawn Matthews, CEO, Cantor Fitzgerald says the next 3-5 years are an opportunity to significantly grow its business on a global basis. He adds it is looking to expand its capital markets, fixed income and equity businesses in Europe.
Ajay Kapur, Head of Equity Strategy, Asia at Deutsche Bank says that CIOs whom he speaks to are still bullish on equities and expect them to be higher by the end of the year.
Pat Dorsey, President, Sanibel Captiva Investment Advisers says he will be looking out for comments on Europe and China from companies reporting earnings this week.
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."
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European shares opened higher on Thursday after some strong earnings releases in the U.S. overnight including technology giant Apple.
Benny Loft, CFO of Novozymes, says the company had a strong first quarter and is growing across all industries.
Bracken Darrell, president and CEO of Logitech, says if Apple releases a keyboard cover for the iPad the market would "explode" which would help the company. Logitech currently makes tablet keyboard covers.