Europe News


  • Hong Kong Shares Better Bet Than China  Sunday, 9 Dec 2012 | 8:05 PM ET

    Markus Rosgen, Managing Director & Head of Asia ex-Japan Equity Strategy, Citi says that he is still "underweight" on Chinese stocks, compared to Hong Kong equities.

  • Another Decade of Crisis in the EU?  Sunday, 9 Dec 2012 | 7:20 PM ET

    Alan Oster, Group Chief Economist, National Australia Bank sees a 5 to 10 year recovery process in the euro zone. He says the issue of social stability has been neglected in the region's debt talks.

  • Feel-Good Policies Hurting the West: Pro  Sunday, 9 Dec 2012 | 6:50 PM ET

    Damon Vickers, Managing Director & CIO, Damon Vickers & Co. says the U.S. and Europe are moving towards more "feel-good" policies which will impede recovery and progress.

  • Time to Sell the Euro?  Sunday, 9 Dec 2012 | 6:35 PM ET

    Greg Gibbs, Senior Currency Strategist, RBS cites weak economic data and political uncertainty in Europe as reasons to sell the euro. He sees the currency falling to 1.24 against the dollar by the end of the year.

  • Italy's Monti Ready to Quit Over Political Crisis Saturday, 8 Dec 2012 | 6:42 PM ET
    Mario Monti

    Mario Monti told the Italian president he is resigning soon, saying he can no longer govern after Silvio Berlusconi's party withdrew support.

  • Uh Oh! Italian Tax Police Visit Facebook's Offices Friday, 7 Dec 2012 | 11:43 AM ET

    Italian police have been carrying out checks at the Milan offices of Facebook to assess whether it regularly declared its income in Italy.

  • Les Miserables: a Reflection of the Times Friday, 7 Dec 2012 | 9:11 AM ET
    Russell Crowe, Anne Hathaway, Amanda Seyfried and Hugh Jackman attend the World Premiere of 'Les Miserables' at Odeon Leicester Square on December 5, 2012 in London, England.

    The cast of Les Miserables movie told CNBC that this year was particularly timely for the film to be released.

  • Although the stream of gloomy economic data for the euro zone continues unabated, new downbeat forecasts by the European Central Bank's staff as well as Germany's central bank are too negative, Giles Keating, Head of Research at Credit Suisse said on Friday.

  • Don't Expect Wage Growth Soon: Labor Organization Friday, 7 Dec 2012 | 6:06 AM ET

    Wage growth remains far below pre-crisis levels and has fallen into the red in developed countries, according to the International Labor Organization (ILO).

  • France Finance Minister, Pierre Moscovici

    France's finance minister said on Friday he was not campaigning to replace Jean-Claude Juncker as the new chairman of euro zone finance ministers.

  • Businessman struggles to climb mountain summit.

    The head of one of France's biggest companies has warned that France's problems dwarf those of the U.S.

  • Starbucks $450 gift card is made of stainless steel and will only be available in limited quantities through a luxury goods website. Is the Starbucks $450 steel gift card a sign that Starbucks is going "1 percent" on us? Or is it just harmless, splurgy fun?

  • Things Are Getting Weird in Egypt Friday, 7 Dec 2012 | 1:58 AM ET
    Egyptian President Mohamed Morsi

    An odd alliance between pro-democracy activists and Mubarak loyalists is raising eyebrows. Who is playing who?

  • After Big Gains, German Stocks Could Soar in 2013 Friday, 7 Dec 2012 | 1:29 AM ET

    Germany's Dax index, which has risen 28 percent this year to its highest value since January 2008, is positioned to benefit from improvements in the global economy, given its companies' exposure to export markets. The FT reports.

  • Did Mario Draghi Just Kill the Rally in the Euro? Friday, 7 Dec 2012 | 12:32 AM ET

    Following the sharp selloff in the euro, foreign exchange strategists tell CNBC they expect the single currency to bounce back quickly.

  • Shares in This Luxury Retailer Are at All-Time Highs Thursday, 6 Dec 2012 | 8:54 PM ET

    Shares of Italian fashion house Prada surged as much as 7.9 percent to an all-time high on Friday after the Milan-based company posted forecast-beating quarterly results.

  • ECB Depicts Bleak 2013 After Leaving Rates on Hold Thursday, 6 Dec 2012 | 9:28 AM ET
    Mario Draghi, President of the European Central Bank

    The bank slashed its forecasts for the euro zone economy on Thursday, showing a contraction next year was very likely before a return to growth in 2014.

  • Bank of England Leaves Rates, QE Unchanged Thursday, 6 Dec 2012 | 7:01 AM ET

    The Bank of England left monetary policy unchanged on Thursday as expected, voting as it did last month not to buy more government bonds and pump money into Britain's stagnant economy.

  • Triple-Dip Recession, AAA Loss Loom for UK Thursday, 6 Dec 2012 | 6:26 AM ET

    The U.K. government should be doing more to promote growth if the country is going to revive its struggling economy, shadow finance minister Ed Balls told CNBC on Thursday, as new data emerged showing that the U.K. is likely to enter into a triple-dip recession.

  • US Union Accuses Maersk of Spying on It Thursday, 6 Dec 2012 | 5:13 AM ET
    A worker drives a Kalmar reachstacker truck loaded with an AP Moeller-Maersk A/S shipping container.

    A U.S. port workers union has accused APM Terminals, a port operator of A.P. Moller-Maersk, of spying on union representatives in Los Angeles by tapping their phones.

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