The Bank of England gave a clean bill of health to Britain's controversial flagship mortgage guarantee scheme on Thursday.» Read More
Anastasios Economou, founder at iGroup, tells CNBC why confidence among European CEOs is at its lowest level since July 2009 according to the latest YPO Global Pulse Index.
US money market funds have increased their exposure to eurozone banks, in the latest sign of returning confidence in the stability of Europe’s monetary union.The FT reports.
Patrick Bennett, FX Strategist, CIBC says that Japan needs to do a lot more to stimulate its economy.
Police have arrested the publisher of a magazine that printed what is it says is a list of more than 2,000 Greek depositors at an HSBC bank in Switzerland, the New York Times reports.
Former Prime Minister Silvio Berlusconi said on Saturday his center-right bloc may withdraw its support from the government of Mario Monti, a move that could throw Italy into political chaos ahead of next April's national elections.
European shares eked out small gains on Friday after better-than-expected U.S. economic growth figures helped outweigh the impact on investor sentiment of yet more gloomy corporate outlooks.
CNBC's Rick Santelli talks with Dimitri Papadimitriou, Levy Economics Institute president, talks about Europe's debt problems.
CNBC's Simon Hobbs reports EU stocks closed mixed following a better-than-expected U.S. GDP report.
The yen gets a break and oil prices take down the loonie — it's time for your FX Fix.
The U.S.’s looming fiscal cliff is in danger of becoming even steeper than previously thought, Bill Bonner, author of Empire of Debt, warned.
The U.S. economy is on the mend and has been getting better, but JPMorgan CEO Jamie Dimon said chief executives he has spoken to have told him they are already making decisions to protect their companies from a looming "fiscal cliff."
CNBC's Ross Westgate reports on all the market moving events from Europe, as corporate earnings weighed on investor sentiment.
Norwegian oil and gas firm Statoil reported third-quarter operating earnings below expectations on Friday and cut its 2013 production guidance due to a major asset divestment.
In the past couple of years, as the eurozone woes have unfolded, international investors have been transfixed by one small country on the edge of the region: Greece. They would do well to keep watching another tiddler: Finland. For while Finland has not created much drama, precisely because it is one of the strongest eurozone members, some fascinating discussions are under way, the FT reports.
Nine of the world’s biggest banks are facing increased scrutiny from US state prosecutors probing alleged attempts to manipulate the lending gauge known as Libor, the FT reports.
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.
CNBC's Kelly Evans discusses European woes weighing on the markets, saying the European story is bad for multinationals and much worse for Europe.
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.
If you really want to preserve the euro, this think tank says, look south.
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.
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The rise of euroscepticism is "understandable" but not right, says ECB President Mario Draghi, arguing that countries would have had to make structural reforms even outside the euro zone.
The exchange rate is not a policy target for the ECB says Mario Draghi, president of the ECB, explaining that recent moves are in part due to monetary policy divergence.
Other policy areas are needed to strengthen investment and job creation, says ECB President Mario Draghi, urging governments not to "unravel" progress made in structural reforms and fiscal policies.