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  • Europe Shares Drop as Mining Stocks Fall Friday, 23 May 2008 | 12:51 PM ET

    European stocks fell 1.7 percent on Friday, losing ground for the third time in four sessions as a dip in metal prices prompted investors to book recent lofty gains on mining shares.

  • Gasoline Prices Soar as Memorial Holiday Begins Friday, 23 May 2008 | 11:52 AM ET
    New York Gas Prices at $4 per gallon

    As consumers began hitting the road Friday for the Memorial Day weekend, they faced the sobering reality that it now costs $87 to fill a Ford Explorer SUV, up $14 from last year, and $72 to fill a mid-sized Honda Accord, up $12

  • Every $10 Oil Rise Ups US Air Force Costs $610 Million Thursday, 22 May 2008 | 10:09 PM ET
    An American F-18 aircraft lands onboard the USS Nimitz on Monday, June 4, 2007, in the Persian Gulf, where the Nimitz and the USS John C. Stennis aircraft carrier groups are on patrol. The United States has its largest naval force in the region since just before the 2003 invasion of Iraq as concern grows it could attack Iran over the Persian nation's nuclear program. (AP Photo/Hasan Jamali)

    The U.S. Air Force operates the "world's largest airline" and every $10-per-barrel increase in crude oil boosts its annual operating costs by $610 million, Air Force Secretary Michael Wynne said on Thursday.

  • As Oil Prices Spike, So Does Market Anxiety Thursday, 22 May 2008 | 4:48 PM ET

    Its price has become one of the most widely discussed, debated and feared topics on Wall Street and on Main Street. But what's next? Will it continue to climb toward a "super spike" or have we seen the top for oil prices?

  • Euro Stocks Recover Loses as Telecoms Gain Thursday, 22 May 2008 | 12:19 PM ET

    European shares ended higher on Thursday, lifted by telecom stocks and by banks which gained on consolidation talk, while a dip in the price of crude took energy stocks lower.

  • Tell Us: Who's to Blame for America's Oil Crisis? Thursday, 22 May 2008 | 11:00 AM ET

    Tell Us: Who's to Blame for America's Oil Crisis?

  • Money, Russia and Painful Football Thursday, 22 May 2008 | 5:31 AM ET
    MoscowRedSquare.jpg

    So what now for both teams? United have done the double and repeated the feats of their team in 1999. Their challenge will be motivating themselves to do it all again. For Chelsea they end the season without a trophy for the first time in three seasons. Motivation next season should not be an issue.

  • Moscow, Money and Sexy Football Wednesday, 21 May 2008 | 3:58 PM ET
    MoscowRedSquare.jpg

    Red square may be surrounded by the Russian military,but inside things are very calm. Manchester United and Chelsea fans look relaxed ahead of the biggest game in English football history.

  • Russia Safe for Foreign Energy Firms, Gazprom Says Tuesday, 20 May 2008 | 6:37 PM ET

    Russia is a safe country for foreign energy companies to make investments and doesn’t use natural-gas prices for political purposes, the deputy chairman of energy giant Gazprom said in an exclusive interview on CNBC’s "Closing Bell."

  • Emerging Money: Up For '08 Monday, 19 May 2008 | 6:48 PM ET

    What's next for emerging money as business booms in developing countries?

  • Congress Votes to Stop Adding Oil to Strategic Reserve Wednesday, 14 May 2008 | 3:44 AM ET
    An oil refinery in Elizabeth, N.J. is shown in this aerial photo of Wednesday, Aug. 29, 2007. Oil prices extended their rise above $78 a barrel Wednesday, Sept. 12, 2007 after finishing at a record close the previous session as a production increase from OPEC failed to calm market concerns about the availability of supplies for winter in the Northern Hemisphere. (AP Photo/Mark Lennihan)

    Congress voted overwhelmingly  to stop adding oil to the Strategic Petroleum  Reserve until crude prices fall below $75 a barrel.

  • Russia Judge Demands Swifter Bank of NY Mellon Suit Tuesday, 13 May 2008 | 7:51 AM ET

    The judge presiding over Russia's $22.5 billion lawsuit against the Bank of New York Mellon insisted on Tuesday the case move toward a quick conclusion after more than a year of procedural delays.

  • Old Pumps Can't Handle $4 Gas Tuesday, 13 May 2008 | 7:26 AM ET
    oldergaspump.jpg

    Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can't register more than $3.99 on their spinning mechanical dials.

  • SocGen Net Profit Tumbles, but Beats Forecast Tuesday, 13 May 2008 | 1:50 AM ET

    Societe Generale, the French bank hit by the world's worst rogue trader scandal, reported a 23.4 percent fall in first quarter net profit although earnings came in above the average market forecast.

  • Emerging Money: Russia Wednesday, 7 May 2008 | 4:24 PM ET

    From Russia with ... profits? Tim Seymour breaks down why this economy is starting to heat up.

  • Europe Preview: A Pint? Or a Half? Tuesday, 6 May 2008 | 2:24 PM ET
    beer_generic_1.jpg

    Investors are watching Russian beer venture BBH and struggling Anglo-Irish Bank, both of which report earnings Wednesday.

  • russia.jpg

    Russian President Vladimir Putin on Monday signed a long-awaited law on strategic industries, designed to clarify which assets will be off-limits to foreigners, the Kremlin said in a statement.

  • US Economic Strength Helps Boost Stocks Friday, 2 May 2008 | 9:11 AM ET

    The financial sector fueled a rally in European shares on Friday, which scored their third weekly gain, after U.S. jobs data suggested the world's largest economy was proving more resilient than expected.

  • Buyout Firms Increasing Hiring in Emerging Markets Thursday, 24 Apr 2008 | 12:17 PM ET
    China

    Private equity firms are hiring more staff in emerging markets to keep up with faster growth opportunities in Asia and Eastern Europe.

  • Emerging Money – Russia Tuesday, 22 Apr 2008 | 6:51 PM ET

    The figures are enough to make Exxon executives foam at the mouth. Revenues have doubled, profits have increased five fold and production is up 11%. Where in the world can you find this kind of petrol potential?