When it comes to tech ‘unicorns’ - or companies with billion-dollar valuations - Europe is closing in.» Read More
CNBC's Kelly Evans reports on all the market moving events from Europe, as Germany confirms its economy has slowed further in the third quarter.
Global banks operating in London have been warned by the top UK bank supervisor that this year’s staff bonuses must reflect the mis-selling and market manipulation scandals that have damaged the sector in the past 12 months. The FT reports.
The more of a bank’s balance sheet is equity, the less room there is for deposits. So what is the “right” level, Moorad Choudhry asks.
Juergen Michels, chief euro zone economist at Citigroup, tells CNBC why signs of weakness in the area suggest the recession will worsen further.
Zurich Insurance Group saw its net profit fall 62 percent in the third quarter, short of analysts expectations.
Dick Boer, CEO of Dutch retailer Ahold, explains why he sees brighter skies on the horizon in the U.S.
The head of Spain’s biggest bank has made an impassioned plea for Europe to adopt a so-called union of its euro zone banks as an “essential” route out of the region’s crisis. The FT reports.
Spain will need no further austerity measures until the end of next year even though it will easily miss its deficit targets, the EU’s top economic official announced on Wednesday in the clearest sign yet Brussels is backing away from an austerity-focused crisis response. The FT reports.
The clouds hanging over European consumers and dampening spending show no sign of lifting, as consumer confidence in the region continues to be the lowest in the world.
CNBC's Simon Hobbs reports millions of workers across Europe went on strike today to protest austerity measures, and stocks headed into red territory.
Sotheby's staged the biggest auction in its 268-year history on Tuesday, led by a $75 million Mark Rothko and a record-setting $40 million work by Jackson Pollock at its post-war and contemporary art sale.
Politics roil the yen and a Bank of England forecast sinks the pound — it's time for your FX Fix.
Asia will continue to drive profits for British insurer Prudential as the continent eclipses its home market , the company’s CEO told CNBC Wednesday, with the company hoping to benefit from growth in China.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks retreat from the previous day's gains.
U.S. markets may rally once more before slumping for the subsequent six to 18 months, according to a research note by Nomura Strategist Bob Janjuah.
The government is prepared to delay its flagship welfare reform amid fears the complex changes may need to be more thoroughly tested before being extended to all benefit claimants, the Financial Times has learnt.
The financial industry should not go “overboard” in cutting costs in reaction to current market conditions, the chief executive of Goldman Sachs has warned, a day before the bank is poised to announce one of its smallest ever groups of new partners. The FT reports.
In honor of John McAfee, who spoke to our own Jeff Pohlman today while he is trying to stay one step ahead of the law in Belize.
This strategist says there are more positive trends out there than investors realize.
Insight on the markets, with Carol Roth, "The Entrepreneur Equation" author; Bruce McCain, Key Private Bank; and Stephen Guilfoyle, Meridian Equity Partners.
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CNBC's Phil Han looks at the launch of Qantas' new business class suite and the fight for passengers in Australasia.
Irene Muloni, minister of energy and minerals for Uganda says commercial reserves of petroleum and gas have recently been discovered in the country.
European shares closed higher on Tuesday as buying was fueled by corporate earnings and reports the ECB would provide extra liquidity in the near future.