Ukraine declared that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border.» Read More
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.
Ford CEO Alan Mulally laid out the automaker’s plan to bolster its faltering sales in Europe. The plan hinges in part on 15 new and redesigned models Ford will sell in Europe over the next 5 years.
The European Central Bank holds its interest rate fire, but Sweden cuts - it's time for your FX Fix.
Q, the twinkly-eyed boffin who provides James Bond with his trademark high-tech gadgetry, faces fresh competition. The heads of British intelligence are appealing to small and medium-sized technology companies to help to provide the gizmos they need for covert operations, the Financial Times reports.
Elizabeth Warren took direct aim at Wall Street chief executives – who “wrecked our economy” and “strut around Congress . . . acting like we should thank them” – in a primetime address on Wednesday night that solidified her reputation as a rising liberal star. The FT reports.
Citigroup is launching a commodity trade finance business to capitalize on the pullback from the market by European lenders such as BNP Paribas, the Financial Times reports.
Anastasia Kastaniotou, a struggling mother of three, stood near the Greek Parliament building on Wednesday and threw up her hands as she contemplated an €11.5 billion austerity package that her country’s government was trying to tie up this week to keep Greece in the euro, the New York Times reports.
The European Central Bank is expected to come out swinging Thursday with a bond buying program intended to knock down rates for its weaker sovereigns.
The private bank of Goldman Sachs is quietly beefing up its lending to wealthy individuals with a host of new loan products and credit offerings. The FT reports.
Nokia and Motorola unveil new mobile phones; buzz is building for Amazon’s announcement tomorrow.
The European Central Bank will refrain from publishing any formal cap on bond yields when it announces a new plan to buy distressed eurozone sovereign debt at its governing council meeting on Thursday, two people familiar with the matter said. The FT reports.
David Malpass, President, Encima Global believes that ECB chief Mario Draghi can win over German opposition to the central bank's bond-buying plans. He explains why.
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A yes vote in the upcoming Scottish independence referendum could lead some insurers to move their headquarters to London, says Mark Nicholson, associate director at Standard & Poor's Rating Services.
The U.S. Federal Reserve remains data dependent and will not bow to hawks, says Mark Haefele, global chief investment officer at UBS, as Janet Yellen continues to make the argument that there is slack in the labor market.
European shares closed lower on Friday as tensions in Ukraine flared up once again. It comes after stocks fluctuated as U.S. Federal Reserve Chair Janet Yellen spoke about the labor market in Jackson Hole, Wyoming.