French lender Societe Generale reported a 7.8 percent rise in net profit on Friday, while adding to its litigation provisions.» Read More
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.
A "sword of Damocles" hangs over Europe and could lead to a fundamental change in the way nation states view the region's single currency, according to Bank Sarasin economist Jan Poser.
Italy gets a downgrade; videogame sales continue to plummet; Ackmans sets sights on P&G; Lexmark revises outlook and Google’s Larry Page is back in the office.
Sebastien Galy, Senior Currency Strategist at Societe Generale says that investors are buying fixed income as they look for cover.
While the “Mad Money” host is outraged by the abrupt ouster of its CEO, he remains bullish on the stock.
This is a transcript of Warren Buffett, Alan Simpson, and Erskine Bowles' Sun Valley live interview on CNBC's Squawk Box, July 12, 2012, from 8am to 9am ET. They discussed why the U.S. needs to address its mounting debt problem and suggested some solutions.
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European shares opened lower on Friday with investors looking ahead to key jobs data due out from the United States.
Pierre Aubouin, CFO of Areva, says the nuclear industry is "not in crisis" and expects the install base to increase over the next year.
Duncan Farr, banks specialist at Macquarie Group, says it will be tough for Banco Espirito Santo to raise the required fresh capital it needs.