After-Hours Buzz: Merck, Saks, Intuit, NetApp & More
Katy Barnato
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France is uncompetitive not only versus China, but against the rest of Europe, according to Pascal Lamy, director general of the World Trade Organization.
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Escalating numbers of Europeans now rely on food aid according to the Red Cross, which says failing welfare services and high unemployment mean nobody knows who may need to ask for help next.
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The U.S. pet industry is set to rake in a record $53 billion this year, despite sluggish overall consumer demand, according to a report by brokerage firm ConvergEx.
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The S&P 500 and Dow Jones Industrial Average could plummet 20 percent from their recent highs, veteran investor and author of the Gloom, Boom and Doom report, Marc Faber, told CNBC.
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Apple’s new, smaller iPad, dubbed the iPad Mini, may cannibalize demand for its existing tablet computers, according to Tim Daniels, technology, media and telecommunications strategist at Olivetree Securities.
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The European Central Bank has “crossed red lines” by overstepping its monetary policy remit and operating in the realms of fiscal policy and politics, former executive board member of the European Central Bank (ECB), Juergen Stark told CNBC on Monday.
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Europe needs new legislation to help failed banks unwind as quickly as possible, according to Bank of Finland Governor Erkki Liikanen who is leading the EU advisory group on banking reform.
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U.S stock index futures pointed to a flat open on Wall Street on Thursday, with upward momentum from Wednesday’s strong housing report pared by investor caution ahead of the start of a two-day EU summit.
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Declining marriage rates may be harming the U.S. economy, according to a report by brokerage firm ConvergEx, which draws a correlation between fewer couples tying the knot and falling personal income growth.
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German Chancellor Angela Merkel arrived in Athens on Tuesday wearing apparently the same lime green jacket in which she celebrated Germany's defeat of Greece in the 2012 European Football Championship.