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Europe News


  • The Economics of the Taboo Against Eating Horse Meat Tuesday, 26 Feb 2013 | 1:34 PM ET

    Some people have brought religion into the debate over America's aversion to eating horse meat. But really, it's just economic common sense.

  • Syrian regime forces take position outside a cement factory following clashes with rebels in the strategic district of Sheikh Said in the northern city of Aleppo on February 3, 2013.

    Vladimir Putin may not be able to keep Bashar Al-Assad in power completely, but he may have formulated a plan to save the Middle Eastern strongman -- and boost Russia's power in the region, to boot, reports Oilprice.com.

  • Euro Stocks at 3-Month Low on Italy Stalemate Tuesday, 26 Feb 2013 | 11:30 AM ET
    Euro Stocks at 3-Month Low on Italy Stalemate

    Euro zone shares sank to three month lows on Tuesday after an Italian election stalemate renewed concerns about the future of the single currency area.

  • Qtel Rebrands for Middle East Focus Tuesday, 26 Feb 2013 | 11:15 AM ET
    Qatari Qtel Rebrands for Middle East Focus

    Nasser Marafih, CEO of Qatari Qtel, discusses the rebranding of his company as "Ooredoo", a move that was announced this week at the Mobile World Congress in Barcelona, Spain.

  • Why ECB's Draghi Faces a Bond Market Dilemma Tuesday, 26 Feb 2013 | 11:02 AM ET
    Mario Draghi

    ECB's Draghi avoided a financial contagion in 2012, promising to do "whatever it takes" to defend the euro, but analysts say the policymaker also thereby created the very conditions that led to Italy's leadership vacuum.

  • Italy's 'Jump to Nowhere' Weighs on Spain Tuesday, 26 Feb 2013 | 10:32 AM ET

    Spain said it was extremely worried about the impact of Italy's deadlocked election result, warning on Tuesday the deadlock could affect the entire euro zone.

  • New Releases at the Mobile World Congress Tuesday, 26 Feb 2013 | 9:03 AM ET
    Stephen Elop, chief executive officer of Nokia Oyj, poses for a photograph with a Lumia smartphone at the Mobile World Congress in Barcelona, Spain.

    Mobile wars came to Barcelona on Monday as the world's largest technology giants unveiled their latest products.

  • Mobile Hacking Leads to Boom for Some Companies Tuesday, 26 Feb 2013 | 8:02 AM ET

    The recent list of hacking victims couldn't be more high-profile. Facebook, Apple, Twitter, the New York Times and even Burger King have been hit by cyber-attacks, leaving some of them red faced. But that's also creating plenty of growth for internet and mobile security firms.

  • Europe Is Strangling the Telecom Industry: CEO Tuesday, 26 Feb 2013 | 7:48 AM ET
    Pedestrians pass a France Telecom shop in central Paris

    The regulatory framework for European telecommunication providers needs to change totally if Europe is to keep up with the U.S. in promoting faster wireless data networks, according to France Telecom-Orange CEO, Stephane Richard.

  • Pope Benedict XVI

    The Vatican said that in retirement Pope Benedict XVI's will be known as "emeritus pope," and continue to wear a white cassock.

  • Berlusconi Rules Out Monti Alliance; Italy Yields Jump Tuesday, 26 Feb 2013 | 7:14 AM ET
    Italian former Prime Minister Silvio Berlusconi casts his ballot at a polling station on February 24, 2013 in Milan.

    Silvio Berlusconi has ruled out an alliance with former Italian prime minister Mario Monti and said the election results reflected popular discontent with austerity measures.

  • European Stocks Tumble on Italy Election Results Tuesday, 26 Feb 2013 | 6:11 AM ET
    European Stocks Tumble on Italy Election Results

    CNBC's Ross Westgate reports European shares traded sharply lower, with Italian stocks the worst performers as political deadlock gripped the euro zone's third-largest economy.

  • Vivendi Stumbles on Asset Sales; Shares Drop Tuesday, 26 Feb 2013 | 5:06 AM ET
    Vivendi's Chief Administrative Officer Philippe Capron

    Entertainment-to-telecoms conglomerate Vivendi said on Tuesday it could give no full-year group outlook until it had more clarity on key asset sales, prompting its shares to slip.

  • Italian Uncertainty Set to Go On: Expert Tuesday, 26 Feb 2013 | 5:00 AM ET
    Italian Uncertainty Set to Go On: Expert

    Tina Fordham, senior political analyst at Citi, tells CNBC that a combination of the Italian constitution and political maneuvering mean uncertainty is likely to drag on for months.

  • Will the Market Fall Continue? Tuesday, 26 Feb 2013 | 4:30 AM ET
    Will the Market Fall Continue?

    Simon Maughan, financials sector strategist at Olivetree Financial Group, tells CNBC that the markets won't react too negatively to the Italian elections, beyond the initial immediate dip, because the ECB are not yet concerned enough to step in.

  • Election 'Worst Case Scenario': Expert Tuesday, 26 Feb 2013 | 4:00 AM ET
    Election 'Worst Case Scenario': Expert

    Marco Cristofori, head of equity department at Centrobanca, tells CNBC why investors should steer well of getting involved with anything which is exposed to Italy as he expects a 10% market slowdown.

  • Go Long British Pound vs. Euro: UBS Tuesday, 26 Feb 2013 | 3:35 AM ET
    Go Long British Pound vs. Euro: UBS

    Mark Haefele, head of investment at UBS Wealth Management, tells CNBC that the long-term trade is long British pound versus Euro.

  • Italy's Regulators Try to Calm Market Volatility Tuesday, 26 Feb 2013 | 3:34 AM ET
    Italy's Regulators Try to Calm Market Volatility

    Steve Sedgwick asks what now for Italy, as markets react to the news of an inconclusive election result.

  • Why Italy’s Stalemate Could Mean Chaos for Euro Zone Tuesday, 26 Feb 2013 | 3:09 AM ET

    Political deadlock in Italy could provoke upheaval in the euro zone economy, as well as in the currency and equity markets, analysts told CNBC.

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