Britain's Prime Minister has slammed the European Union's demands for an additional 2.1 billion euros, branding it "unacceptable".» Read More
European shares halted a three-day slide on Wednesday as encouraging Chinese data fueled a rebound in oil and mining stocks, while strong earnings boosted tech shares.
It is going to be very tough for Europe to have austerity and at the same time grow GDP, said Warren Buffett, Berkshire Hathaway CEO, referring to the euro zone's economic problems.
An interesting chart on page 72 of this week’s Economist shows European bank funding costs falling below that of investment-grade corporates for the first time since 2009. This may not have the headline-grabbing weight of an improvement in the inflation or unemployment statistics, but it is just as significant.
Global macro-economic headwinds will be the factor to watch most closely over the coming months as uncertainty abounds, Olof Persson, CEO at Volvo Group told CNBC’s “Squawk Box.”
CNBC's Ross Westgate, reports on all the market moving events from Europe, as stocks fall after data showed poor manufacturing output in the euro zone.
Sanctions against Iran, imposed by the U.S. and the European Union, are important and effective but more needs to be done, according to Israeli Finance Minister Yuval Steinitz.
The U.S. pet industry is set to rake in a record $53 billion this year, despite sluggish overall consumer demand, according to a report by brokerage firm ConvergEx.
France is close to agreeing a deal to prop up PSA Peugeot Citroën by providing between 5 billion euros and 7 billion euros of financial guarantees to the ailing carmaker’s lending arm. The FT reports.
Gary Dugan, CIO, Asia & Middle East, Coutts says that the U.S. economy could see a recession if the fiscal cliff is not fixed.
A top European share index slid to its lowest level in more than one and a half months on Tuesday, hit by worries over weak company results and Spain's debt crisis.
Apple’s new, smaller iPad, dubbed the iPad Mini, may cannibalize demand for its existing tablet computers, according to Tim Daniels, technology, media and telecommunications strategist at Olivetree Securities.
With Spain looking increasingly likely to miss this year’s deficit target, credit rating downgrades for several of its regions, and its borrowing costs showing an uptick things aren’t getting any better for the country, with one analyst telling CNBC that the country is caught in a “vicious circle”.
Corporate earnings weigh and Hong Kong steps in — it's time for your FX Fix.
CNBC's Ross Westgate, reports on all the market moving events from Europe, as markets drifted lower after a steady stream of earnings news delivered mixed messages.
The credit crisis has led to the U.S., the U.K. and even the entire euro zone being dubbed the "new Japan" – with the Asian country synonymous with a particular kind of extended stagnation.
The former chief economist of the World Bank and former vice chairman of Citigroup told CNBC the global economy is “close” to a recession, though he added that it wasn’t clear if it would actually enter one because of an improvement in confidence recently.
The European Central Bank has “crossed red lines” by overstepping its monetary policy remit and operating in the realms of fiscal policy and politics, former executive board member of the European Central Bank (ECB), Juergen Stark told CNBC on Monday.
Texas Instruments and Yahoo report earnings, Best Buy bets on Windows 8, Monster Beverage drops in the wake of a lawsuit, Amazon says the Kindle is a top seller, the U.S. Customs Agency drops the Blackberry.
A group of BAE Systems shareholders has demanded the resignation of chairman Dick Olver, saying sweeping changes are needed at the UK defense group following the collapse of the EADS merger two weeks ago. The FT reports.
Republican Presidential Candidate Mitt Romney and President Barack Obama deliver their closing statements at the end of their third debate during the 2012 Presidential campaign.
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Nicolas Véron, senior fellow at Bruegel says the European banking stress tests will show how rigorous a supervisor of the banks the ECB will be.
David Enrich, European banking editor at the Wall Street Journal says problems in the European bank stress tests are likely to be concentrated in Austria and Italy
U.K. Prime Minister David Cameron has slammed the European Union's demands for an additional 2.1 billion euros ($2.65 billion) as a result of the U.K.'s strong economic performance, branding it "unacceptable".