High-end fashion site to merge with Italian online retailer with combined firm launching a capital increase of up to 200 million euros.» Read More
Investors are, in effect, paying half a dozen countries for the privilege of lending them money in the short term following the recent European Central Bank rate cut and a flight by investors to perceived havens, the FT reports.
No matter who you are, if you qualify for a home loan, you’re going to get an historically low interest rate on your mortgage in the current market. But unless you’re a billionaire, it won’t be as low as Mark Zuckerberg’s, the Christian Science Monitor reports.
Mario Monti has expressed “serious concerns” that Sicily’s regional government is heading towards default and has asked its governor – who is under investigation for suspected links to the Mafia – to confirm his intention to resign. The FT reports.
Michael Spencer, Chief Economist, Asia Pacific and Co-Head, Global Economics, Deutsche Bank explains why he thinks it's too early to determine whether Europe has gotten out of the "intensive care" unit.
Where can investors find profits in the market? Jeff Kleintop, LPL Financial, and Bob Doll, BlackRock, weigh in. "I think we are getting decent news from technology, health care, and even earnings," says Doll.
Check out his interview with this company’s CEO.
China's central bank reserves are barely growing, and that is bad news for the euro.
Thinking the euro has hit bottom? Think again, says this strategist.
Bernanke's testimony looms and British inflation sinks — it's time for your FX Fix.
Monday’s weak US retail sales showed that the world’s biggest economy is slowing very quickly, leading one economist to claim America has gone from “first half hero to second quarter zero.”
CNBC's Kelly Evans reports on all the market moving events from Europe, including the latest details on Tuesday's Libor hearing.
HSBC ignored warnings that its activities may have possibly exposed the US financial system to drug money from Mexico and inadvertently provided banking services to lenders suspected of links to terrorist organizations, Senate investigators have claimed in a new report, the Financial Times reports.
Investors should be looking at investment grade corporate credit rather than Treasurys, Gina Sanchez, Director of Equity and Asset Allocation Strategy at Roubini Global Economics told CNBC.
The S&P 500 index is on the verge of hitting an “ultimate” death cross, where the market’s 50-month moving average falls below the 200-month average, according to a research note by Societe Generale.
What did we think of European Commission President Jose Manuel Barroso’s comments last week on the UK and Europe?
Ten days after becoming Irish finance minister last March, Michael Noonan spoke with Jean-Claude Trichet, then the chief at the European Central Bank, and told him what his Fine Gael party had been telling voters for weeks: the new government intended to force losses on holders of senior Irish bank debt, the Financial Times reports.
On Tuesday morning at precisely 8:30, after a 10-second countdown synchronized to the Naval Observatory’s atomic clock, a Labor Department official will flip a master switch in the agency’s battened-down pressroom and computers will blurt out the monthly Consumer Price Index, the New York Times reports.
FDIC officials have handled so many sick American banks in recent years, they have developed a slick drill: if a bank is deemed bust, FDIC “shock troops” will arrive, typically on Friday night, seize control, reassure staff and depositors – before either closing the banks or selling it on. The FT reports.
Rob Aspin, Head of Equity Investment Strategy at Standard Chartered Bank says it is a good time to look for stocks on an opportunistic basis and have a balanced portfolio. He says to maintain some exposure to equities and hold sectors such as staples, telcos.
Shawn Matthews, CEO, Cantor Fitzgerald says the next 3-5 years are an opportunity to significantly grow its business on a global basis. He adds it is looking to expand its capital markets, fixed income and equity businesses in Europe.
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The latest ranking for the world's busiest airport is out and the result may surprise you.
Shari Olefson, director of The Carnegie Group, talks about the opportunities and pitfalls in the U.S. housing sector right now.
Deflation in the euro zone eased in March, flash figures have revealed. CNBC's Carolin Roth discusses the data.