Britons will travel to a spaceport in a driverless car where they could download pictures on 5G networks, according to government plans.» Read More
As the investment world eagerly awaits more stimulus, a debate on a previously unthinkable topic has started to emerge – can fiat currencies survive round after round of debasement?
A currency union requires strong political leadership, and complete integration of monetary institutions within a single state, to be able to survive. Yet there still seems to be a collective reluctance to acknowledge the scale of the requirements for full monetary and fiscal union in the euro zone, writes Jason Manolopoulos.
While European Central Bank (ECB) President Mario Draghi’s pledge to do what it takes to protect the euro zone from collapse sparked a rally in global markets, one expert calls it “political posturing” which may not be matched by bold action.
Bold comments from the European Central Bank (ECB) President Mario Draghi that the ECB will do “whatever it takes” to protect the euro zone from collapse is raising hopes that risk appetite could return to markets beaten down by the debt crisis, analysts told CNBC on Friday.
Unlike recent past hosts of the Olympic Games, London has nothing to prove to anyone. Yet it has paid handsomely to hold the Games – for reasons that go beyond mere prestige, the Christian Science Monitor reports.
Even as hundreds of thousands of German tourists head south for their holidays on the front line beaches of the euro zone crisis, the politicians and commentators left behind are indulging in an orgy of speculation about whether Greece can long last as a full participant in the common currency, the Financial Times reports.
The former chairman of Bankia, the institution at the center of Spain’s banking woes, countered harsh questioning by a parliamentary panel on Thursday with an emotional defense of his legacy at the bank, saying he left it in better financial shape than critics are now contending, the NYT reports.
Ed Ponsi, Managing Director, Barchetta Capital Management, says Mario Draghi's comments have boosted markets but it remains to be seen if "promises will be kept."
Larry McDonald, Senior Director, Credit Sales and Trading, Newedge Group says that Draghi needs a bridge to get a banking license for the ESM.
The "Mad Money" host sifts through all the negative and urges investors to find the silver lining in this stock market.
Mad Money host Jim Cramer discusses whether the market momentum from European Central Bank President Mario Draghi's comments on the euro will last.
Abe Reichental, 3D Systems president & CEO, discusses demand in Europe, the U.S. economy, and his company's growth strategies. "Our business in Europe grew 33 percent year-over-year for the second quarter, and demand remains strong in Europe," he says.
European Central Bank President Mario Draghi boosted the euro with his pledge to do what's needed for the euro zone. Here's how to trade the tough talk.
Treasury Secretary Timothy Geithner testified before the Senate banking committee this morning, saying he moved quickly to alert U.S. and British about Libor. CNBC's Eamon Javers reports.
CNBC's Rick Santelli wonders if the ECB's Mario Draghi will make good on his promise to save the euro.
It is unsurprising that calls to tax the euro zone's wealthiest members are gaining traction. Click ahead to find out who are the ten richest people in the euro zone and how they made their money.
The Spanish region of Valencia inadvertently rose to fame last Friday when it was the first region to officially ask for aid from the newly created 18 billion euro Regional Liquidity Fund to help meet its debt repayments in the second half of the year.
"It is impossible for one country to leave the euro zone," says Paul Donovan, UBS Investment Bank economist, weighing in on why he believe the EU will eventually bailout Greece and the euro zone will stay intact.
CNBC's Steve Liesman weighs in on Mario Draghi's comments that the ECB is ready to do what it takes to preserve the euro zone.
There’s little chance that Greece will leave the euro zone by the end of the year and a solution to the country's problems should focus on the top-slicing of its debt, Steven Major, Global Head of Fixed Income Strategy at HSBC told CNBC.
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Dave Coplin, chief envisioning officer at Microsoft U.K., argues that many people should be more careful about how they use technology.
Manji Cheto, vice president at Teneo Intelligence, discusses the outbreak of the Ebola virus in Western Africa, the risk of contagion to other countries and the economic impact.
Adewale Tinubu, group chief executive at Oando, comments on the group's deal to acquire ConocoPhillips's Nigeria upstream business and what it means for the group.