CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the euro zone confidence rising to a fresh 4-year high.» Read More
ROME— The Italian energy company Eni SpA announced Sunday it has discovered a "supergiant" natural gas field off Egypt, describing it as the "largest-ever" found in the Mediterranean Sea. Eni said the discovery— made in its Zohr prospect "in the deep waters of Egypt"— could hold a potential 30 trillion cubic feet of gas over an area of 100 square kilometers.
ROME— Italian energy giant Eni says it's found the largest-ever gas field in Mediterranean off Egypt.
PARIS— With more and more refugees appearing in Europe daily this summer, cities and towns are grappling with a basic but crucial problem: Where can they all sleep? Portable shipping containers are being converted into refugee apartments in Germany, which saw nearly half of Europe's overall 400,000 asylum applications in the first half of the year.
*IMF always believed Greece's debt was unsustainable. WASHINGTON/ ATHENS, Aug 28- Many of the top brass of the International Monetary Fund always had concerns about the plans to bail out Greece. He slammed IMF forecasts for Greece as overly optimistic- "Panglossian."
MILAN— An Italian hotel association has expressed disappointment in the number of foreign visitors to Milan Expo 2015.. Federalberghi President Bernabo Bocca said Tuesday that the association projects 16 million Italians will have visited the world fair by the time it closes on Oct 31, declaring the numbers "a success for the internal market."
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the Germany DAX entering correction territory.
Jim Cramer guides investors on the difference between a broken stock and a broken company during a selloff.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Citi warning of a postponement of Greek debt relief talks.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a pending announcement from Greek Prime Minister Alexis Tsipras about a proposed September 20th election.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the German Parliament approving the Greek bailout.
CNBC's Simon Hobbs reports on all the market moving events in Europe today.
SINGAPORE/ JAKARTA, Aug 18- Singapore- based wealth managers, already under pressure from a global move towards tax information sharing, face a more immediate threat as Asian countries including Indonesia and India look to chase undeclared money in the low-tax city state. Indonesia, Singapore's main source of wealth assets, is considering offering a tax...
BRUSSELS, Aug 17- High summer and life, for many in Europe, is a beach. The second has triggered a poisonous round of every-man-for-himself bickering among the EU's 28 governments and the Union institutions in Brussels over how to deal with record numbers of migrants arriving by sea and land and heading across Europe. More even than that other Mediterranean...
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the climb back from a 3 percent loss last week from China events.
*Alstom surges on signs that GE deal to get approval. Benchmark indexes in Paris and Milan held up relatively well, however, with shares of French industrial group Alstom outperforming on bets its takeover will be approved. Alstom shares rose 7 percent after two people familiar with the matter told Reuters that General Electric was expected to get EU approval...
BERLIN, Aug 15- In a major test of her authority, Chancellor Angela Merkel will ask skeptical German lawmakers to back an 86 billion euro bailout for Greece on Wednesday despite uncertainty over whether the IMF will play a role in the rescue. Kauder, who incensed fellow lawmakers last week with threats of retaliation if they rebelled and voted against a bailout,...
Editor: Phil Berlowitz +1 646 223 6200. ATHENS- Greek Prime Minister Alexis Tsipras faces the widest rebellion yet from his leftist lawmakers as parliament approves a new bailout program, forcing him to consider a confidence vote that could pave the way for early elections. Electric car maker Tesla Motors Inc says it is looking to raise about $642.5 million...
CNBC's Carl Quintanilla reports on all the market moving events in Europe today.
Put your money in Europe? Gina Sanchez, Chantico Global CEO, shares her investment forecast ahead of Eurogroup leaders meeting on the new Greek bailout deal.
David Owen, chief European economist for Jefferies International, discusses GDP forecasts for countries in the EU and the prospects of economic recovery.