Despite the lack of economic good news, euro zone countries are finding it increasingly easy to borrow thanks to record-low bond yields.» Read More
The tech companies are trying to catch the blockbuster iPad in a race to win the tablet market, the New York Times reports.
Ben Bernanke’s semi-annual testimony to congress will be the markets' big focus this week, with investors looking for clues on whether weaker economic data will see the Federal Reserve governor indicate he is ready to pull the trigger on a third round of quantitative easing or QE3.
They are supposed to be among Wall Street’s most closely guarded secrets: changes in research analysts’ views, up or down, of a company’s prospects. But some of the nation’s biggest brokerage firms appear to be giving a handful of top hedge funds an early peek at these sentiments — allowing them to trade on the information before other investors get the word, the New York Times reports.
Saudi Arabia and the United Arab Emirates have opened new pipelines bypassing the Strait of Hormuz, the shipping lane that Iran has repeatedly threatened to close, in a move that will reduce Tehran’s power over oil markets, the Financial Times reports.
John Noonan, Senior FX Analyst at Thomson Reuters says that the ECB needs to do more printing than the Fed over the next few months. He sees the euro heading towards the 1.18/19 level.
Paul Gambles, Managing Partner, MBMG International says that U.S. banks are $1-2 trillion dollars under-capitalized
Hublot exports 40 percent of its products to China. With China’s GDP numbers out Friday morning indicating economic growth falling to 7.6 percent, the slowest pace in three years, the luxury time-piece company has a lot to think about.
Marc Faber of "The Gloom, Boom & Doom Report," reacts to China's GDP data, and today's market rally. Tim Seymour of EmergingMoney.com; Ron Shah, Managing Partner, Jina Ventures; and Richard Ross, Auerbach Grayson, weigh in.
Is it possible that Italy will leave the euro zone before Greece? One analyst says it could happen, with CNBC's Melissa Lee, the Money In Motion traders and David Woo, BofA Merrill Lynch.
Iran has announced plans to start building its first nuclear submarine—a piece of advanced military technology that only the most powerful nations on earth are even able to construct—and which runs on uranium enriched to such a level that it can double as the fuel source for a nuclear bomb.
With much of Europe sliding back into a recession auto sales have dropped to the lowest level since 1994. Compounding the problem for automakers is a price war in the industry that is cutting into already squeezed margins.
Now that corporate norms no longer apply across the board, nontraditional office spaces have become more common. Click ahead to see some of the coolest corporate headquarters in the world.
China stays on target and Italy takes a rating cut - it's time for your Friday FX Fix.
Algorithmic trading was designed to take out the human element liable to mistakes, sentiment and superstition, but one student has designed an algorithm programed to replicate our fears to see whether there is anything rational — or financially rewarding — in superstitious trading.
CNBC's Kelly Evans reports on all the market moving events from Europe, including returns on Italian bonds, and whether the IMF will issue more financial support to Greece.
As protesters in Madrid clash with police over new budget cuts, the housing crisis that plunged Spain into economic catastrophe shows no sign of abating. Especially in Ciudad Valdeluz, the Global Post reports.
The newly sworn in Greek coalition government is committed to restarting the economy, restoring confidence and boosting its reform credentials by taking action on long stalled privatizations. To succeed, it will have to move quickly, face down blackmail and convince mainstream citizens.
With his first Bastille Day approaching on Saturday, François Hollande and his government have had a good start to his presidency, impressing the French with a down-to-earth style, the New York Times reports.
Prices of commodities from oil to copper have fallen sharply. Money is flowing out of the sector and some investors are questioning the so-called commodities ‘supercycle’ – the mantra that prices will rise and rise, underpinned by Chinese growth, the Financial Times reports.
In normal circumstances, the antics of America’s corporate treasurers should not worry Washington politicians. After all, corporate treasurers are like the supply chain managers of the financial world: decent, unassuming people, who prefer to stay out of the limelight, performing the crucial-but-dull role of handling company finances, the Financial Times reports.
Get the best of CNBC in your inbox
The "iconic London building", the Gherkin, has been put on the market for $1.1 billion. Julian Stocks, partner at Deloitte Real Estate, comments on potential buyers and the London office sector.
Carlos Caicedo, principal analyst at IHS Country Risk, says that Argentina defaulting and then restructuring its debt a few months later could lead to capital flight, currency fluctuations and social unrest.
Hans Humes, founder and CEO of Greylock Capital, discusses Argentina's bond woes and says holdout bondholders need "some kind of gesture" from the country.