Total has confirmed that Patrick Pouyanne, head of refining up until now, will take over as chief executive, and Thierry Desmarest as chairman.» Read More
European markets ended mixed on Wednesday after Spain’s Prime Minister Mariano Rajoy denied reports that he would be seeking a bailout for Spain this weekend.
Gloom lifts the dollar and Poland's central bank surprises — it's time for your FX Fix.
CNBC's Karen Tso reports on all the market moving events from Europe, including a look at the major European indexes.
François Hollande’s Socialist government is facing a new tax revolt – this time not from big business protesting against the president’s 75 per cent income tax band but in the form of a viral online campaign by small French entrepreneurs furious about a jump in capital gains taxes, the FT reports.
Euro zone countries would have to sign binding contracts with Brussels, committing them to detailed fiscal reform, according to a draft EU agenda that would increase the bloc’s control over national economic policies. The FT reports.
A European Central Bank rate cut won't come right away, but this strategist thinks it's in the bag for late 2012.
European markets closed mixed on Tuesday, with Spanish stocks higher on ongoing hopes that Spain will seek a full bailout, a move which would ease investors' concerns over the euro zone debt crisis.
Australia cuts rates and kiwis look sweet — it's time for your FX Fix.
CNBC's Ross Westgate reports on all the market moving events from Europe, including euro zone data showing a rise in factory price inflation.
Ikea is coming under fire for deleting women from the Saudi version of its bargain furniture catalogs. The Global Post reports.
The summer holiday that went on the American Express card, the private indulgence charged to a Victoria’s Secret store card, the winter wardrobe that won’t be paid off until spring.
Martin Lakos, Division Director, Macquarie Private Wealth recommends betting on a recovery in the U.S. economy via Australian companies including Amcor and Computershare.
Gary Schlossberg, Chief Economist, Wells Capital Management says that the jury is still very much out on the effectiveness of QE3. The U.S. economy needs lower fuel prices and stability in the Euro zone before a rebound can occur.
Click to see some of the hottest new releases from Europe’s biggest car makers at the 2012 Paris Motor Show.
CNBC's Bob Pisani chats with Art Cashin, UBS, about Fed chief Bernanke's comments today.
Currency investors got frisky in the third quarter and risk currencies rose, but this strategist senses a mood shift.
CNBC's Simon Hobbs reports EU stocks moved higher on Monday as concerns over Spanish banks eased, and CNBC's Mary Thompson has the details on American Expressed ordered to refund $85 million to consumers. Also, Gary Kaminsky, weighs in on the cause and effects of quantitative easing.
For the last three months, investors have been ignoring the weak economic backdrop and plowing money into stocks.
CNBC's Ross Westgate reports on all the market moving events from Europe, including whether Moody's will downgrade the country's credit rating to junk status.
The differences in approach could not be more distinct — or telling. Fresh austerity measures were announced last week by Prime Minister Mariano Rajoy of Spain. Two of the most economically distraught countries in the euro zone, Greece and Spain, mapped out additional budget cuts last week, the New York Times reports.
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Youssef Squali, global head of equity research in the internet and media group at Cantor Fitzgerald says Yahoo earnings were better than feared, but investors should not wait for a dividend.
Matthew Roden, executive director of biotechnology equity research at UBS argued biotech stock valuations are still attractively valued even after their run higher.
Atul Lele, CIO of Deltec International Group says he is more worried about short term market rates rather than the Federal funds rate.