European Central Bank Vice President expects the euro zone inflation rate to turn negative but he did not see a risk of deflation.» Read More
The government has decided that new mothers know best, as it prepares to announce proposals that will allow them to divvy up annual parental leave allotments with husbands or partners. The FT reports.
The euro, which hit a two-month low against the dollar on Tuesday as hopes that Greece would receive essential aid soon, faces further losses as concern about Greece’s future grow, currency analysts warn.
Eurozone finance ministers last night postponed agreement on Greece’s long-delayed €31.3 billion aid payment for yet another week as divisions between the International Monetary Fund and EU creditors over how fast Athens must reduce its burgeoning debt levels burst into the open. The FT reports.
Greece's new austerity budget is a start, but this analyst says it's time to go big.
European shares ended lower for a fourth straight session on Monday, with mounting uncertainties related to a looming U.S. fiscal crisis and the next tranche of aid for Greece hurting investor sentiment.
CNBC's Simon Hobbs reports European markets are still worried about Greece, while CNBC's Gary Kaminsky compares Apple against RCA. Also, an update on mid-session trading, with CNBC's Bob Pisani.
The U.K. government should avoid trying to help businesses, technology group Aveva’s CEO said on Monday, because government intervention inevitably leads to more legislation and red tape.
As the Euro group of finance ministers meeting in Brussels on Monday announced that a final aid decision for Greece is not possible prior to a full debt analysis, a former European Central Bank (ECB) official told CNBC that Europe needs to help Greece with more time and less debt.
Greece bites the bullet and Japanese GDP sags — it's time for your FX Fix.
Jeff Kilburg, Killir Kapital Management, and David Joy, Ameriprise Financial, provide their top trades, as the markets await a clear solution to the fiscal cliff problem. "I still would take some risk off the table," added Joy.
CNBC's Ross Westgate reports on all the market moving events from Europe, as worries about Greece's debt problems were offset by strong trade data from China.
Iran launched large-scale air defense drills in the country's eastern half on Monday, Iranian media reported, amid heightened tensions between Tehran and Washington over a military incident in the Gulf reported last week.
KKR—the private equity group immortalized as the Barbarian at the Gate—is launching two investment funds to be distributed to individuals by Charles Schwab, the US brokerage. It is the latest sign of the pressure on private equity firms to become more like traditional asset management firms, the Financial Times reports.
The number of Spanish families facing eviction is mounting at a dizzying pace, and when they can’t move in with relatives, they often take over empty homes, and there are plenty of them. The NYT reports.
Why did Diageo spend over $2 billion to buy a majority stake in India's United Spirits? It's simple math, CEO Paul Walsh told CNBC's "Squawk on the Street."
US prosecutors are probing whether Barclays made any improper payment to win a banking licence in Saudi Arabia, adding to the mounting investigations that the bank is facing. The FT reports.
European stocks trimmed losses on Friday to close narrowly in the black after a batch of positive U.S. data suggested the world's largest economy grew more than initially estimated in the third quarter.
"The coming year is going to be the year where the mobile device links the digital world to the physical world," said John Donahoe, eBay president & CEO, talking about growing online sales in Europe and making money in mobile applications, with CNBC's David Faber,
Northern European economies feel a chill and China reins in the yuan — it's time for your FX Fix.
A look at what CNBC's Ross Westgate learned from going to spy school.
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The FBI have stated that North Korea's government is responsible for the Sony attack. Neil Ashdown, deputy head of Asia analysis at IHS, weighs in, saying that it's difficult to "definitively attribute" a hacking attack to a particular group or state.
What were the main highlights of the EU Summit in Brussels? CNBC's Hadley Gamble gives you the lowdown.
Carnival Cruises earnings have beaten expectations in its fourth quarter, with lower fuel prices being a great help, says David Dingle, UK chairman of Carnival Cruises.