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  • People Drink in Tough Times? Not True: Diageo CEO Tuesday, 2 Aug 2011 | 4:54 AM ET
    irish_whisky_bar_200.jpg

    Developing markets will make up half of the world's biggest liquor maker's revenue in the next three years, as their consumption is rising while in some developed states consumers are suffering, the CEO of Diageo, Paul Walsh, told CNBC on Tuesday.

  • Italian Banks Slump After Bond Purchase Report Wednesday, 27 Jul 2011 | 4:37 AM ET
    Piazza Venezia, Rome, Italy

    Italian bank shares were sharply lower in Wednesday morning trade after Reuters reported German Finance Minister Wolfgang Schaeuble said the euro zone's rescue fund should only purchase bonds on the secondary market in exceptional circumstances.

  • Europe’s Troubled Economies Join the Rescue Team Monday, 25 Jul 2011 | 10:29 AM ET
    Protestors escape tear gas fired by policemen in Athens.

    Can a bailout fund whose backers include some of the countries it may be called upon to bail out really succeed? The NYT reports.

  • Europe Approves Bailout Plan For Greece, Other Nations Thursday, 21 Jul 2011 | 4:03 PM ET
    Greece

    European leaders on Thursday clinched a new rescue plan for Greece that could push the country into default on some debt but would also give Europe’s bailout fund new powers to aid struggling economies, the NY TImes reports

  • Germany Should Have Ratings Cut to Save Euro: Strategist Wednesday, 20 Jul 2011 | 5:03 AM ET
    Euro coins

    Germany, the euro zone's largest economy, should be prepared to take a downgrade to its AAA-rated debt to help save the single currency area, Charles Diebel, head of market strategy at Lloyds, told CNBC Wednesday.

  • No Doubt About Future of Euro: ECB's Nowotny Tuesday, 19 Jul 2011 | 7:40 AM ET
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    The future of the euro is secure despite the debt crisis engulfing parts of the euro zone, Ewald Nowotny, one of the governors of the European Central Bank (ECB), told CNBC Tuesday.

  • German, Spanish Banks to Suffer in Tests: Analysts Friday, 15 Jul 2011 | 7:32 AM ET
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    The results of the banking stress tests, due on Friday after the close of European markets, will be worst for German and Spanish banks, analyst Ralph Silva of SRN told CNBC Friday.

  • Banks Look Like Tech Stocks Before Bust: Fund Manager Tuesday, 12 Jul 2011 | 3:04 AM ET
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    European bank stocks are now trading like technology stocks did before the bust of the early 2000s, Peter Toogood, Director of Investment Services at Old Broad Street Research, told CNBC Tuesday.

  • Quiz: Spaced Out? Friday, 8 Jul 2011 | 8:31 AM ET
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    How much do you know about NASA's space program? Take our quiz.

  • Emerging Markets to Drive Global Economy: King Thursday, 7 Jul 2011 | 4:58 AM ET
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    Despite a manufacturing slowdown in Russia, China and Brazil, emerging markets will be key to the recovery of the global economy, Stephen King, chief economist at HSBC told CNBC.

  • Diamonds

    The Arab Spring helped boost diamond prices as the region's wealthy individuals moved their cash from stocks and bonds to safe haven investments and tangible assets , a London-based fund manager told CNBC Tuesday.

  • Strauss-Kahn Accuser’s Call Alarmed Prosecutors Saturday, 2 Jul 2011 | 10:28 AM ET
    ZURICH, SWITZERLAND - MAY 10: International Monetary Fund Managing Director Dominique Strauss-Kahn leaves the Second Annual Conference of International Monetary Fund held at the Baur au Lac Hotel on May 10, 2011 in Zurich, Switzerland. The conference hosted by the Swiss National Bank (SNB) and the International Monetary Fund (IMF), brought together central bank governors and senior policymakers, to debat about the reform of the international monetary system with topics such as global liquidity p

    Little by little, the woman's credibility as a witness crumbled — she had lied about her immigration, about being gang raped in Guinea, about her experiences in her homeland and about her finances, officials told the NY Times.

  • Strauss-Kahn Case Seen in Jeopardy Friday, 1 Jul 2011 | 9:59 AM ET
    ZURICH, SWITZERLAND - MAY 10: International Monetary Fund Managing Director Dominique Strauss-Kahn leaves the Second Annual Conference of International Monetary Fund held at the Baur au Lac Hotel on May 10, 2011 in Zurich, Switzerland. The conference hosted by the Swiss National Bank (SNB) and the International Monetary Fund (IMF), brought together central bank governors and senior policymakers, to debat about the reform of the international monetary system with topics such as global liquidity p

    The sexual assault case against Dominique Strauss-Kahn is on the verge of collapse as investigators have uncovered major holes in the credibility of the housekeeper who charged that he attacked her in his Manhattan hotel suite in May, according to two well-placed law enforcement officials. The NYT reports.

  • The second half of the year should see European stocks performing positively, Michael Browne, portfolio manager, Europe at Martin Currie, told CNBC Friday.

  • BlackRock's Larry Fink Wants to Be 100% in Stocks Wednesday, 29 Jun 2011 | 4:52 AM ET
    Larry Fink

    Larry Fink, one of the world's  most high-profile investors, would like to put all his money in equities at the moment.

  • Is the Greek Crisis a Boon for Russia's Gazprom? Wednesday, 29 Jun 2011 | 12:53 AM ET
    Gazprom

    Gazprom, the Russian gas monopoly, could take advantage of Greece's sovereign debt crisis to strengthen its leading position on European gas supply and counter attempts by the European Union to diversify its energy relationships.

  • France's CAC 40 Resumes After Tech Glitch Monday, 27 Jun 2011 | 7:28 AM ET

    Trading of stocks in France's CAC 40 index resumed at 1045 GMT on Monday after a technical problem led Euronext to suspend trading for about 30 minutes.

  • Extra Bank Capital Means 'Global Recession': Bove Monday, 27 Jun 2011 | 2:52 AM ET
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    New capital requirements proposed by global regulators demanding that the biggest banks hold extra capital by 2019 will bring about a new recession, Rochdale's vice-president for equity research Dick Bove wrote in a weekend market note.

  • India's Air Travel Growth Spurs Jet Orders Sunday, 26 Jun 2011 | 8:11 PM ET
    The new Boeing 747-8 Intercontinental lands at Le Bourget airport near Paris.

    Indian airlines walked away from the Paris Air Show with a third of the airplane orders last week — a $23 billion gamble that air will finally conquer rail despite a formidable list ofobstacles. 

  • Ryanair Wants to Develop New Plane with the Chinese Wednesday, 22 Jun 2011 | 1:55 AM ET
    airplane_cockpit_200.jpg

    The announcement that Ryanair will develop a new airplane with state-backed Chinese aircraft manufacturer COMAC on Tuesday at the Paris Air Show is the latest step towards a Chinese-made large commercial airplane.