Part of the company that owns Banco Espirito Santo has applied for creditor protection, meanwhile analysts weigh up chances of a bailout.» Read More
Andrew Slimmon, Morgan Stanley portfolio manager, explains why he is bullish on Europe now.
European shares closed lower on Monday ahead of a week of decisive political events in Europe and the Federal Reserve’s key meeting this week.
Japan is slowing and Italy talks tough — it's time for your FX Fix.
Europe’s big banks could be forced to ringfence trading assets under a plan emerging as the consensus recommendation of an EU-wide review of the structure of banking, the FT reports.
Ivan Glasenberg had argued for months that his offer for Xstrata of 2.8 Glencore shares for each of the London-listed miner's was 'generous', now questions have been raised over his climbdown, the FT reports.
George Soros has issued a passionate plea to the German government to lead the eurozone out of recession by boosting growth, creating a joint fiscal authority and guaranteeing common bonds, or itself leave the currency union to save the future of Europe. The FT reports.
Italian Prime Minister Mario Monti said he has no immediate plans to access the ECB's new bond-buying program, in an exclusive interview with CNBC.
The gloomy jobs report may make quantitative easing more likely - or maybe not. Here is one strategist's trading plan.
After Thurday’s announcement by the president of the European Central Bank, Mario Draghi, in which he detailed the central bank’s pledge to buy government bonds of struggling euro zone countries, newspapers in Germany have hit out at the plan with surprisingly few exceptions.
The European Central Bank's bond buying program has been received with skepticism by the Bundesbank and the German press, but Chairmen of two major banks have come out to back Draghi's latest plan.
The European Central Bank's bond buying plan is a hit, and nonfarm payrolls await — it's time for your FX Fix.
Nouriel Roubini, the economist known for his gloomy predictions, told CNBC Friday that he is still pessimistic on the outlook for the U.S. — and that he expects a further round of quantitative easing from the Federal Reserve in December.
President François Hollande’s socialist government was facing mounting questions on Thursday night over whether it was preparing to back down on its controversial 75 percent marginal tax rate for the rich, the Financial Times reports.
Big investment banks in Europe, including Nomura, Credit Suisse and UBS, are stepping up plans to cut jobs as they seek to adapt to a drastic slowdown in revenues and tighter regulation, the FT reports.
The United States is suddenly competing for influence over its most stalwart ally in the Middle East, the Global Post reports.
Glenn Beck used his radio show to complain that an American Airline flight attendant treated him rudely because Beck is a conservative. Glenn Beck says he isn't calling for a boycott the airline, the Christian Science Monitor reports.
In an historic mix of monetary policy and fiscal politics, the European Central Bank plans buy the short-term debt of troubled European governments if they enter a program to solve their debt and deficits problems.
ECB President Mario Draghi has finally announced a bond buying plan, and now the experts are weighing in.
European Central Bank Chief Mario Draghi has announced a new "unlimited" bond-buying program to help heavily indebted euro zone countries, but will it work?
"I'm in for the long-haul; I just bought a bunch of shares a few months ago. I think this company is going to do fantastic in the new world of payments," says Douglas Bergeron, VeriFone chairman & CEO, defending his company's weaker-than-expected third quarter earnings; the slowdown in Europe; and growing competition in the electronic payment space.
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Tim Graf, head of macro strategy for Europe at State Street Global Markets, says that global confidence, while still high, is deteriorating.
The underlying problems in Europe's southern economies have not been solved, says Hans-Werner Sinn, president at the Ifo Institute. He also criticizes the ECB potential use of quantitative easing.
Nik Stanojevic, equity analyst at Brewin Dolphin, says Iliad's bid to take over T-Mobile U.S. is surprising and that the price is below the U.S. provider's value.