Price wars among the U.K.'s biggest supermarkets have driven down the cost of food, pushing the growth of the grocery market to a 10-year record low.» Read More
CNBC's Ross Westgate has the latest details on European markets, including reports of German Chancellor Angela Merkel's opposition to the $45 billion EADS/BAE merger.
CNBC's Ross Westgate reports on all the market moving events from Europe, including an IMF report singling out the euro zone debt crisis as a key threat to global growth.
Trading volumes for stocks have decreased since 2008 and a series of high profile glitches have continued to hurt investor confidence. On Tuesday, erroneous trades led to a spike in a number of U.S.-listed stocks including Pandora and Nokia.
Sir Mervyn King has given his clearest admission yet that he no longer believes price stability should be the Bank of England’s sole objective, arguing that central bankers should be flexible with inflation targets to head off future financial crises. The FT reports.
Capital and liquidity rules for the biggest UK banks have been quietly relaxed in an effort to stimulate lending, a move that puts Britain at the forefront of a global experiment to use bank regulation to moderate the economic cycle.
Jose Vinals, Financial Counsellor and Director of the Monetary and Capital Markets Department at the IMF says the concentration of government bonds in Japan's banking system is a concern.
Equities finish lower, Alcoa and Yum get earnings season off to a good start.
Don't look now, but Norwegian housing prices are on a tear.
German Chancellor Angela Merkel arrived in Athens on Tuesday wearing apparently the same lime green jacket in which she celebrated Germany's defeat of Greece in the 2012 European Football Championship.
The market is sitting around low levels, and Stephen Guilfoyle, Meridian Equity Partners, says the market's current moves are not that "over-alarmingly bearish," and recommends looking ahead to earnings season and keeping an eye on the ECB's moves.
European shares closed lower in thin trade on Tuesday, with concerns continuing to surround the euro zone as German Chancellor Angela Merkel makes her first diplomatic visit to Athens since the start of the debt crisis in 2009.
As the markets close across Europe, CNBC's Simon Hobbs offers insight. Michelle Caruso-Cabrera weighs in on the protests in Greece amid German Chancellor Merkel's visit, and explains Greece's need for even more money. Nariman Behravesh, IHS chief economist, offers insight.
Labor unrest in South Africa is weighing on the rand, and this strategist sees more weakness ahead.
CNBC's Michelle Caruso-Cabrera reports the latest details on protests on the streets of Athens over austerity cuts and the future of the euro, with Nigel Farage, UK Independence Party leader.
Greece and Spain drive the euro and Japan and South Korea shrink their swap — it's time for your FX Fix.
Iraq’s contribution to the world’s oil supply will significantly increase to more than 8 million barrels a day by 2035, outstripping its current output, the International Energy Agency said on Tuesday.
CNBC's Kelly Evans has all the details on the market moving events from Europe, including a report of expected disruptions in Athens as German Chancellor Angela Merkel visits Greece.
Noted investor and the publisher of the Gartman Letter, Dennis Gartman rubbished the latest warning on global economic weakness to come from the International Monetary Fund (IMF) saying he “paid no attention [to it] whatsoever.”
With its economy still reeling from the housing crash, Ireland is making a bold move to help tens of thousands of struggling homeowners, the New York Times reports.
German Chancellor Angela Merkel flies into the heart of Europe's debt crisis on Tuesday, facing protests by angry Greeks to bring a message of support to a near-bankrupt nation fighting to stay in the euro.
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MacNeil Curry, head of global tehcnical strategy at Bank of America Merrill Lynch, says there is further upside for the S&P 500 over the course of the next few weeks.
Brian Nagel, senior equity research analyst at Oppenheimer & Co., discusses Tiffany's ahead of earnings and says there¿s further upside for the stock.
John Wonfor, global head of tax at BDO International, says the Canadian tax system is a lot more competitive than in the U.S. - especially regarding the repatriation of overseas profits