Britain hiked its terrorism threat level to "severe" on Friday in response to possible attacks being planned in Syria and Iraq.» Read More
Where can investors find buying opportunities amid Europe's current financial crisis? David Joy, Ameriprise Financial chief market strategist, and Cliff Corso, Cutwater Asset Management CEO & CIO, provide insight.
CNBC's Michelle Caruso-Cabrera has the details of a poll that shows pro-bailout parties the front-runners ahead of this weekend's elections in Greece, as leftist leader Alexis Tsipras slams bailout plan and vows to stay in the euro. John Milios, Tsipras' economic advisor, weighs in.
CNBC's Steve Liesman reports Europe's central banks are prepared to act if the results of the Greek elections shock the markets, and the ECB is ready to provide more liquidity if needed to support euro zone banks.
The government appears to be taking the proposals of the Independent Commission on Banking, in the UK seriously and looks as if it may implement the majority of Sir John Vickers proposals, writes the Financial Times’ Martin Wolf.
Tough global bank reforms will be disproportionately difficult to implement in developing economies and will damage their growth, a global taskforce of bankers and businessmen from emerging markets is set to warn, the FT reports.
They toppled a pharaoh, but now the small circle of liberals, leftists and Islamists who orchestrated Egypt’s revolution say they realize they failed to uproot the networks of power that Hosni Mubarak nurtured for nearly three decades, the New York Times reports.
“We are moving from being a Western country to a poor country,” George Protopapas, national director of international charity SOS Children’s Villages, told CNBC.
Europe’s currency union may be inching ever closer to the brink of collapse, but Chancellor Angela Merkel has a message for those pressing her to ride to the rescue: Germany is not as strong as it looks, and certainly not strong enough to prop up the rest of Europe, the New York Times report.
The markets jump on reports central banks are putting plans in place to prepare for the Greek elections; UK bankers say they will take whatever steps necessary to protect their currency; the video game industry continues its free fall; Allen Stanford is sentenced to 110 years in jail.
At least one country will leave the eurozone in the next five years, according to a survey of central bank reserve managers who collectively control more than $8,000 billion. The FT reports.
Randy Kroszner, Professor Of Economics, University of Chicago Booth School of Business and also Former Federal Reserve Governor, says that coordinated global central bank action makes sense.
Michael Woolfolk, MD & Senior Currency Strategist, BNY Mellon says that foreign exchange prices should be market driven.
Will Oswald, Global Head of FICC Research, Standard Chartered Bank says that funding markets right now are not signalling that there's a need for any action from the ECB.
Don Luskin, Chief Investment Officer at Trend Macro says a banking failure in Europe will not be a Lehman-type event because nobody will lose money from it.
Many CEOs are now asking how Europe’s debt woes will actually impact their business, Cramer said.
Peter Morici, Professor, Robert H. Smith School of Business at University of Maryland says central banks are preparing for the Greek election to result in a hung parliament.
Don Luskin, Chief Investment Officer at Trend Macro says pressure has to be kept on the Europe so that countries there would undertake reform.
Should investors expect more wild action in tomorrow's market? Chad Morganlander, Stifel Nicolaus; John Spallanzani, GFI Group; and Rick Fier, Conifer Securities, share their opinions.
A big day for the markets, but is this rally for real? Joe Dear, CalPERS CIO, weighs in. "[Markets] are in a pessimistic phase, we will work through the credit excess, and then we will be in a more optimistic phase," says Dear.
CNBC's Steve Liesman and the "Closing Bell" crew discuss Bank of England's Mervyn King making definitive remarks on policies that could come from the Bank of England.
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Jinn is an app that allows users to order anything from any shop in London and get it delivered within 60 minutes, explains co-founder and CEO, Leon Herrera.
Andrew Wood, an associate fellow at Chatham House, discusses the latest developments in the Ukraine crisis and what can be done to stop Russian aggression.
European closed mostly flat on Friday the U.K. raised the odds of a terrorist attack on its soil to "severe" from "substantial".