Europe News


  • Billions in Hidden Riches for Family of Chinese Leader Thursday, 25 Oct 2012 | 9:08 PM ET

    It is unclear how much Wen Jiabao, the prime minister of China, who has staked a position as a populist and a reformer, knows about the $2.7 billion in assets that his family has amassed, which are hidden behind a thicket of partnerships. The NYT reports.

  • EU Woes Weigh on Earnings     Thursday, 25 Oct 2012 | 7:42 PM ET

    CNBC's Kelly Evans discusses European woes weighing on the markets, saying the European story is bad for multinationals and much worse for Europe.

  • Here's the Upside to South Korea's Soft Q3 GDP     Thursday, 25 Oct 2012 | 7:01 PM ET

    Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital says South Korea's small third-quarter gain is still good news since it means the country is avoiding a recession.

  • The Real Way to Save the Euro Thursday, 25 Oct 2012 | 3:54 PM ET

    If you really want to preserve the euro, this think tank says, look south.

  • Ford Closing Plants, Cutting Jobs in Europe Thursday, 25 Oct 2012 | 11:52 AM ET

    With losses increasing in Europe, and the outlook for sales looking grim, Ford Motor said it will now close a second final assembly plant in that continent and cut nearly a fifth of its capacity.

  • Sanofi and Unilever Nudge European Shares Higher Thursday, 25 Oct 2012 | 11:47 AM ET

    Reassuring updates from drugmaker Sanofi and consumer goods group Unilever lifted European shares on Thursday, although some traders felt worries over the euro zone would limit further moves higher.

  • Is UK's Jump in GDP Sustainable?     Thursday, 25 Oct 2012 | 11:20 AM ET

    CNBC's Rick Santelli talks to Mark Grant, Southwest Securities about France's economy and Spain's unique funding issues.

  • Ford Closing Another European Plant     Thursday, 25 Oct 2012 | 8:36 AM ET

    CNBC's Phil LeBeau reports three pieces of news from Ford, including "pulling the trigger on Europe" and forecasting profitability in the EU by mid-decade.

  • Confusion Reigns Over Greece Bailout Extension Thursday, 25 Oct 2012 | 8:35 AM ET

    Confusion reigned on Thursday, a day after Greece’s finance minister told the parliament that Greece had received an extension on its bailout, with the European Central Bank and Germany denying a deal had been done.

  • CEO Words of Gloom Cast Shadow Over Earnings Season Thursday, 25 Oct 2012 | 8:29 AM ET

    An earnings season described even by the most optimistic as muted has been made even more worrying by the pessimism shown by chief executives at globally dominant companies.

  • Finding Value in Global Markets     Thursday, 25 Oct 2012 | 6:20 AM ET

    Saira Malik, TIAA-CREF, provides her outlook on the markets and China, and shares her top global stock picks.

  • Global Markets: European Shares Higher     Thursday, 25 Oct 2012 | 6:12 AM ET

    CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks got a boost from earnings showing a mixed outlook for the economy.

  • Walker Plans Barclays Board Clear-Out Thursday, 25 Oct 2012 | 2:08 AM ET

    Sir David Walker is planning a clean sweep of Barclays’ board after he formally becomes chairman of the scandal-tainted bank next week and will also oversee the replacement of some key executive positions. The FT reports.

  • Cameron Seizes on GDP ‘Good News’ Thursday, 25 Oct 2012 | 1:45 AM ET

    David Cameron on Wednesday promised “the good news will keep coming” as his error-prone government prepared to seize on new data that is expected to show Britain’s double-dip recession is over, the Financial Times reports.

  • Until recently, Greece had a typical European health system offering universal care, but the unemployed are now often left on their own if they get sick.

  • Myanmar's Making Investment Rules Clearer     Wednesday, 24 Oct 2012 | 8:20 PM ET

    Andrew Rickards, CEO, Yoma Strategic Holdings says that there's a lot of scope to invest in Myanmar as the country makes its investment rules clearer.

  • Europe Shares End Higher Despite PMI Data Wednesday, 24 Oct 2012 | 12:08 PM ET

    European shares halted a three-day slide on Wednesday as encouraging Chinese data fueled a rebound in oil and mining stocks, while strong earnings boosted tech shares.

  • It is going to be very tough for Europe to have austerity and at the same time grow GDP, said Warren Buffett, Berkshire Hathaway CEO, referring to the euro zone's economic problems.

  • A Sign of Recovery: Back to the Old Normal? Wednesday, 24 Oct 2012 | 7:50 AM ET

    An interesting chart on page 72 of this week’s Economist shows European bank funding costs falling below that of investment-grade corporates for the first time since 2009. This may not have the headline-grabbing weight of an improvement in the inflation or unemployment statistics, but it is just as significant.

  • We’ll Watch Global Economy Closely: Volvo CEO Wednesday, 24 Oct 2012 | 7:25 AM ET

    Global macro-economic headwinds will be the factor to watch most closely over the coming months as uncertainty abounds, Olof Persson, CEO at Volvo Group told CNBC’s “Squawk Box.”

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Europe Video

  • 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.