Russia has dug itself a deep economic hole in exchange for its geopolitical ambitions, and the problem's getting worse.» Read More
Ready for some good economic news? Don't ask the currency strategists at Barclays Capital.
Bears may be prowling in the currency markets today, but this strategist thinks risk appetite could rebound - and he has a trade ready.
Tim Seymour, EmergingMoney.com, explains how fears about Europe are likely to affect next week's earnings reports in the U.S.
U.S. stocks continue to outperform emerging markets, but in recent weeks emerging markets have picked up steam, with Tim Seymour, Emergingmoney.com.
Italy is back in the spotlight as the focus for market concerns once again, with bond yields higher than Ireland’s and increasing concern about the political situation in the euro zone’s third-largest economy.
"Nobody can imagine, whether you're in a business or any kind of situation, where you would go into this kind of uncertainty without a plan," says Jim Nussle, Growth Energy president & COO, discussing economic maneuvering in Washington and whether the government has the ability to create jobs. Also, tracking economic trends related to political policy, with Steven Davis, Chicago Booth School of Business.
CNBC's Kelly Evans reports on all the market moving events from Europe, as Central Bank measures fail to boost investor confidence, and RBS pulls out of Tibor, Japan's version of Libor.
Mr. Murdoch has never been particularly impressed with Mr. Romney, friends and associates of both men say. The two times Mr. Romney visited the editorial board of The Journal, Mr. Murdoch did not work very hard to conceal his lack of excitement. “There was zero enthusiasm, no engagement,” said one Journal staff member who was at the most recent meeting in December the New York Times reports.
Royal Bank of Scotland has pulled out of the panels that set Tibor, Japan’s version of Libor, amid a global probe into alleged manipulation of interbank lending rates by traders at investment banks, the Financial Times reports.
Google hired a top official from a UK government agency charged with investigating the company, a report reveals, Global Post reports.
While it was big news when the Barclays chairman, Marcus Agius, resigned Monday over his bank’s role in the Libor rate-fixing scandal. Less noticed was his other resignation that same day, the New York Times reports.
Arsenal’s second-biggest shareholder has attacked the English Premier League football club’s management after its star player decided not to renew his contract when it runs out at the end of the 2012-13 season, the Financial Times reports.
Greece’s new government has dropped a plan to seek softer terms for its second bailout following warnings that it would be rejected by international lenders, the Financial Times reports.
Pfizer sued over generic Lipitor delay; Seagate sees shares slip on weak revenue; speculation mounts over Yahoo CEO short list.
Gillian Tett of the Financial Times says markets may be headed for another "summer curse" and she points to five reasons why.
Paul Mackel, Senior FX Strategist, HSBC says markets will jump at opportunities to sell the euro on rallies, adding that the currency could hit a record low this year.
Kathy Lien, Managing Director, BK Asset Management says that given the pessimistic outlook from the ECB, traders are expecting more easing from the central bank.
On July 4, members of UK Parliament grilled an American banking executive who had to resign this week. CNBC's Kelly Evans offers an update on Barclays' rate fixing scandal.
Jeffrey Cleveland, Payden & Rygel senior economist, discusses today's ECB interest rate cut, and whether a weak jobs number tomorrow will drive the Fed to issue additional quantitative easing.
CNBC's Michelle Caruso-Cabrera reports European shares closed lower after negative comments from ECB President Mario Draghi, and a look at the impact on U.S. markets, with CNBC's Mary Thompson.
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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.