Pfizer's attempt to take over AstraZeneca through a $110 billion bid would have run aground on changes to U.S. tax laws, even if the companies had reached a deal.» Read More
CNBC's Ross Westgate has a roundup of major European markets, pointing out that bond yields are falling on Spanish and Italian debt.
One-third of the world's billionaires call Russia home. CNBC's Steve Liesman reveals how the wealthiest Russians live.
The Euro is consolidating recent gains, trading just above 1.33 versus the U.S. dollar. MacNeil Curry, Bank of America Merrill Lynch, weighs in.
Investor confidence in Russia has recently waned thanks to political uncertainty, reports CNBC's Steve Liesman.
CNBC's Mandy Drury looks at the U.S. markets, which are up on good economic data. The S&P is up 9 percent on the year.
David Joyce, Miller Tabak analyst, and Tuna Amobi, S&P's Equity Research director, discuss whether James Murdoch stepping down from scandal-plagued News International will help parent company News Corporation.
CNBC's Mandy Drury reports on the U.S. markets giving up earlier gains, led lower by materials and energy stocks. Bernanke mentions job market far from normal. GDP expands at 3 percent pace. GM and Peugeot Citroen agree to form alliance. And James Murdoch steps down as executive chairman of News International.
Rep. Ron Paul (R-TX) questions Federal Reserve chairman Ben Bernanke on alternative currencies.
U.S. stock index futures pointed to a higher open on Wall Street on Wednesday, after a higher-than-expected take up of the European Central Bank's second long-term refinancing operation. European banks bought 529.5 billion euros ($713 billion) of the cheap loans. European stocks rose on Wednesday morning, as investors bet that a second wad of cheap, long-term funds from the European Central Bank would further ease tension in the banking sector and boost confidence in the wider market.
US markets are poised to open higher with the Dow Jones 28 points to the upside. European stocks climbed early on Wednesday, keeping their 2-1/2 month rally alive as investors bet the European Central Bank's new funding operation will ease tensions in the banking sector and boost appetite for risky assets such as equities. Asian stocks ended mostly higher for the same reason.
Will the LTRO rescue plan provide enough support to keep the rally going in stocks? Lawrence McDonald, Newedge Group, weighs in. Also, an options strategy on Community Health Systems, with Mike Khouw, Cantor Fitzgerald.
Darren Wolfberg, BNP Paribas, says tomorrow's LTRO will indicate where the euro is headed next.
What to do as the euro strengthens, with George Davis, RBC Capital Markets.
CNBC's Mandy Drury looks at the U.S. markets, which are up on the day, driven by a slew of economic data. The Dow is holding above 13,000 and the Nasdaq flirts with 3,000. Homebuilder Hovnanian is higher by 1 percent on the day. And AutoZone and Domino's are both up on strong earnings. Banks on regulators' problem list falls in Q4.
European markets close higher after a choppy session. Portugal passes bailout review by troika. European bank stocks are down ahead of Wednesday's ECB cash injection. Ireland to hold referendum on new EU fiscal treaty. Borrowing costs fall at Italian auction of 10-year debt. With Daniel Stecich, TJM Institutional Services, and Steven Ricchiuto, Mizuho Securities.
A waiter accidentally spills a tray of beers onto German Chancellor Angela Merkel's back during an event last week. She reportedly wasn't upset. The 21-year-old waiter is quoted as saying she "turned around and grinned at me."
Greece has been sacrificed in order to build a firewall and the cost is a society that has to deal with tremendous austerity, according to Mohamed El-Erian, Pimco co-chief investment officer/CEO, who also believes the package will fail.
U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, ahead of this week's liquidity injection by the European Central Bank, which market participants hope will alleviate tensions in the European banking sector. In Europe shares were up, with banks, many of which suffered heavy write-downs on their holdings of government debt in the euro zone, being among the top performers.
US markets look to open healthily in the green on Tuesday with European shares steadying on anticipation that the European Central Bank's second longer term refinancing operation (LTRO) operation would further ease balance sheet pressure among banks. Asian shares also ended higher on Tuesday as markets waited to gauge risk appetite that has been somewhat dented by worries over high oil prices.
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Russian billionaire, Alisher Usmanov, talks about his love of fencing and how it helped him in the investment and business world.
If Switzerland votes "yes" in the Swiss gold referendum, this could compromise the central bank's credibility and its ability to maintain its currency cap, says Nitesh Shah, gold analyst at ETF Securities.
Tony Hicks, chief international officer at LeapFrog, says toy sales escalate in November and December.