European Central Bank Vice President expects the euro zone inflation rate to turn negative but he did not see a risk of deflation.» Read More
In a departure from recent times, the Davos gathering will be dominated by the U.S. fiscal crisis rather than Europe's.
Ireland, seen by some as a relative success story for austerity, may want to access the funds, known as Outright Monetary Transactions.
Europe's Airbus posted a 43 percent drop in orders and surrendered its crown as the world's largest planemaker to Boeing last year, but predicted improvements in both orders and deliveries for 2013 as airlines seek to reduce fuel costs.
Rio Tinto, the mining giant, was in turmoil Thursday morning after the abrupt departure of its chief executive and the announcement of a $14 billion writedown.
Richard Perks, director of retail research at Mintel International, tells CNBC who won and who lost in the Christmas trading.
Criminal masterminds and Hollywood scriptwriters have been put on notice. Germany's central bank is planning to shift 54,000 gold bars worth 27 billion euros from Paris and New York to its base in Frankfurt. The FT reports.
Karen Cho takes you through the European market open, where the rally seems to be running out of steam.
Hedge funds are betting that a prolonged consumer squeeze and a further shift to online shopping could spell trouble for Britain's retail chains.
Martin Gilbert, CEO of Aberdeen Asset Management, tells CNBC that they are seeing very strong flows into equities which have continued into the first quarter of this year.
Carrefour, Europe's biggest retailer, said fourth-quarter like-for-like sales rose 0.4 percent, reflecting further signs of improvement in its core French market but still difficult trading conditions in austerity-hit Spain and Italy.
Many critics remain skeptical of the Euro zone's future despite Greece's apparent progress. Kingsley Jones, Founder and CIO, Jevons Global believes the EU is in so deep in sovereign debt, it has little choice except to continue lending.
David Roche, Global Strategist, Independent Strategy predicts a big crash in safe-haven bond markets in 2013. He also sees a manufacturing-led recovery for the global economy.
Greece's bailout program is moving in the right direction, the head of the International Monetary Fund said on Wednesday after the IMF board agreed to pay the next aid tranche to Athens under the country's 240-billion-euro international bailout.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including
HSBC, which had forecasted gold prices would hit $2000 per ounce in the second-half of 2012, is now paring back its forecasts for 2013.
The EU without Britain would be like "fish without chips", the prime minister of Finland said on Wednesday as he made a case for Britain remaining an influential player in Europe.
A spat has broken out between Hungary's Economy Ministry and Roubini Global Economics about who is to blame for the downward spiral of the national currency, the forint, after Roubini's firm Roubini Global Economics(RGE) recommended shorting the currency.
CNBC's Ross Westgate reports on all the market moving events from around the globe, as the euro moves into positive territory.
Europeans' appetite for turkeys and Christmas getaways pushed up the cost of living in the euro zone in December, but the European Central Bank expects the rate of inflation to cool this year.
Europe's banks are have become less reliant on central bank funding, European Central Bank policymaker Ewald Nowotny told CNBC on Wednesday.
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The FBI have stated that North Korea's government is responsible for the Sony attack. Neil Ashdown, deputy head of Asia analysis at IHS, weighs in, saying that it's difficult to "definitively attribute" a hacking attack to a particular group or state.
What were the main highlights of the EU Summit in Brussels? CNBC's Hadley Gamble gives you the lowdown.
Carnival Cruises earnings have beaten expectations in its fourth quarter, with lower fuel prices being a great help, says David Dingle, UK chairman of Carnival Cruises.