Rescuers struggled to reach a ferry carrying around 500 passengers that caught fire off the coast of Greece amid high winds and rough seas.» Read More
Sound corporate earnings, cheap valuations and Russia’s entry into the World Trade Organization make the country's equity market stand out among its emerging-market peers, fund mangers say. Russian stocks, for example, are the cheapest among the equity markets of the BRIC countries – Brazil, Russia, India and China.
Europe’s crisis triggers a real estate fire sale, ranging from $1.50 homes to priceless heritage, the Global Post reports.
The U.S. may enjoy the privilege of printing the world’s reserve currency, but the UK currently enjoys lower government borrowing costs – and by the widest margin in almost six years. The FT reports.
Stephen O'Brien puts in long hours: he typically shows up by 7:30 a.m. at the convenience store he owns and manages in Dún Laogahire, Ireland, and it's rare that he finishes before 7 p.m. Layoffs have meant that he and others are picking up duties once distributed across a more robust staff. The Christian Science Monitor reports.
To John Sims, the Himalayas, with some of the finest mountain slopes in the world, seemed like the perfect place to build India’s first Western-style ski resort. The NYT Reports.
What to expect from the markets tomorrow, with Brian Peery, Hennesy Funds; Quint Tatro, Tatro Capital; and Bryan Piskorowski, Wells Fargo Advisors.
Kenny Polcari, ICAP, explains why he thinks the global market could take off if good news comes from Europe.
Abby Joseph Cohen, Goldman Sachs senior U.S. investment strategist, discusses the individual investor, China and risks facing the markets for the remainder of 2012, particularly given what's going on in Washington.
The euro zone debt crisis is showing signs of reaching a solution and investors should be upgrading their outlook on U.K. banks, according to investment firm Liberum Capital.
CNBC's Kelly Evans reports on all the market moving events from Europe, including
Investors currently find themselves at yet another euro zone debt crisis crossroads and asking whether the ECB will end up underwriting the debt markets of Europe’s periphery.
Julio Fernández Gayoso has emerged as a symbol of the clash between the time-honored tradition of the caja as a baronial community institution and the modern, euro-based banking economy that Spain has tried to create in recent decades, the New York Times reports.
The NHS is to sell its brand around the world as part of a new venture to make the service more commercial and reinvest the profits in Britain’s national health system, the Financial Times reports.
Herald Van Der Linde, Head of Equity Strategy, Asia-Pacific at HSBC says that Asian markets will bounce around the bottom for quite sometime until we get massive changes in Europe.
Gary Dugan, CIO, Asia & Middle East at Coutts says investors have to consider the real possibility of a collapse in Southern Europe. He adds that any rescue plan without German support will lack credibility.
Sam Chandan, Chief Economist at Chandan Economics says that the impact from more QE from the Fed is overstated.
Will the last Portuguese out please turn off the light? Falling salaries and record unemployment are prompting many to emigrate. Oil-rich Angola is a major destination.
Stocks have been strengthening, but currencies tell a different story. Here's a trading playbook.
European markets edge lower into the close, with CNBC's Simon Hobbs.
You know the euro is in deep water when a doyen of the banking industry, Lord Jacob Rothschild, takes a 200 million pound ($314 million) bet against it.
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Dan Morris, global investment strategist at TIAA-CREF, says he is overweight equities outside of the U.S.
Jim Strugger, derivatives strategist at MKM Partners, says 2018 or 2019 could be the end of the current U.S. economic cycle.
Jessica Simmonds, owner of Okishima and Simmonds, shows you how to make your own Christmas wreath.