Greek leftist leader promised that years of austerity, "humiliation and suffering" imposed by creditors were over after his Syriza party swept to victory.» Read More
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.
Portugal is becoming the new sick man of Europe, despite sticking to the troika’s hard-to-swallow medicine of austerity, while the prognosis for Greece is much worse — and potentially contagious — according to the latest report from Citi.
While the Greek prime minister, Antonis Samaras, will be greeted with military honors when he arrives in Berlin on Friday, his pleas for easier bailout terms could meet with a cool reception, setting up tension that could unsettle the financial markets next week. The NYT reports.
CNBC's Kelly Evans reports on all the market moving events from Europe, including meetings among euro zone leaders.
When Lynda and Stewart Resnick, the Beverly Hills entrepreneurs who founded POM Wonderful, wanted to host a dinner at their Aspen home in 2006 to talk about the Iraq war, they assembled a list of 22 A-list guests, including Queen Noor of Jordan, George Soros, the financier, and Senator Dianne Feinstein, Democrat of California. Leading the list of journalists was one of their favorite guests: Fareed Zakaria, the Indian-born Harvard Ph.D and foreign-policy specialist who had turned himself into an unlikely media star, the New York Times reports.
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, the Global Post reports.
The world’s largest sovereign wealth fund is planning to take on more risk as it seeks to exploit its role as a strategic investor, in a move that could mark a new trend for conservative publicly-owned investment funds, the Financial Times reports.
Nick Maroutsos, Founder and Managing Director, Kapstream Capital says European policy makers are making progress to boost risk appetite, allowing investors to focus on equities and corporate debt markets.
Tai Hui, Head of Regional Research, Asia, at Standard Chartered Bank says that U.S. fiscal cliff has gradually eased into a "slope".
Laura Fitzsimmons, VP, Futures & Options, JPMorgan Investment Bank says to hold shorts in European peripheral bonds.
In case you hadn't noticed, Treasury yields are on a tear. Here's how to trade them.
Weighing in on whether the stealth rally can continue, with Ann Miletti, Wells Fargo Advantage Funds; Tim Leach, U.S. Bank Wealth Management; Stephanie Link, TheStreet; and CNBC's Ron Insana.
Get the best of CNBC in your inbox
At Davos, Ivan Vatchkov, CIO of Algebris, says the reform of the "populari" banks makes the banking environment in Italy "considerably more investment friendly."
At Davos, Ivan Vatchkov, CIO of Algebris, discusses the recent launch of quantitative easing in Europe.
At Davos, Sir Mike Rake, President of Confederation of British Industry (CBI) and chairman of BT Group says that the benefits of staying in the European Union outweigh the costs.