CNBC's Simon Hobbs reports on all the market moving events in Europe today, including French telecoms, BP earnings and U.K. movers. » Read More
MADRID _ Banco Santander SA on Wednesday reported second-quarter earnings of $1.44 billion. The bank, based in Madrid, said it had earnings of 9 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.
MADRID— Spain's acting economy minister says he doesn't expect the European Union to fine Spain or Portugal for not reducing their budget deficits below prescribed levels. Minister Luis De Guindos says from the G-20 summit in China that "there are considerable reasons to justify that there won't be a fine" for either Iberian country. The European Commission,...
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including PMI releases for eurozone countries.
BERLIN— Germany's Ifo institute releases its monthly business confidence index, a key indicator for Europe's biggest economy. WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for May, 9 a.m.; The Conference Board releases the Consumer Confidence Index for July, 10 a.m.; Commerce Department releases new home sales for June, 10 a.m.;...
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including European Central Bank's Draghi downplaying Brexit forecasts.
*Spanish cities cheap compared with London or Paris. MADRID, July 20- Residential construction is coming back to life in Spain eight years after a property crash, with foreign investment pouring into developments in Madrid and Barcelona, and a jump in building permits pointing to more growth to come. Construction and real estate accounted for more than a third of...
MADRID, July 19- Amancio Ortega, Europe's richest man and founder of global fashion group and Zara owner Inditex, held more than 6 billion euros in prime real estate assets at the end of 2015, corporate filings showed on Tuesday. The famously-reclusive magnate's real estate investment arm, Pontegadea Inmobiliaria, booked assets of 6.06 billion euros at the end...
MADRID, July 18- Spanish police issued guidelines on Monday on how to safely use augmented-reality video games after the release of the application Pokemon Go. Across the United States, players have been drawn down dark alleys and into dangerous neighborhoods in search of the imaginary creatures, only to be targeted by criminals. Pokemon Go became available in...
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including SoftBank buying ARM Holdings in an all cash deal.
The fallout from this latest attack will deal a serious blow to the euro area's tourism sector and fragile economic recovery.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including travel stock declines.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the Bank of England deciding not to cut rates due to a "sharp" fall in confidence.
BERLIN, July 14- London- based online money transfer business Azimo is considering switching its headquarters to mainland Europe because of Brexit, which it says could threaten Britain's position as a global hub for the financial technology- fintech- industry. "Whilst we are regulated out of the UK at the moment, we're talking to regulators in other...
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as outgoing UK Prime Minister David Cameron is handing the role over to Theresa May.
*PE purchases of UK firms down 83 pct this year- data. *U.S.-listed group goes against trend by buying UK cinemas. The referendum result, which caught financial markets by surprise, is making institutional investors have second thoughts about committing to new funds for private equity deals in Britain, according to people in the industry.
Spain economy minister, Luis de Guindos says he hopes that Spain can form a new government by the start of August, while commenting on fiscal targets.
*Italy- Germany bond yield spread lowest in three weeks. *EU states back deficit procedure for Spain, Portugal. LONDON, July 12- Italian government borrowing costs narrowed the gap with benchmark Germany to the tightest level in three weeks on Tuesday, as Italy moved closer to a deal with the EU executive to safeguard its struggling banks.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the rally in the sterling ahead of the United Kingdom's new Prime Minister Theresa May beginning her role tomorrow.
European Union finance ministers endorsed sanctions on Spain and Portugal for breaching European rules on budget deficit targets on Tuesday.
*Rome aiming to approve bad loan guarantee next month. *EU states back deficit procedure for Spain, Portugal. LONDON, July 12- Italian government borrowing costs edged lower on Tuesday, narrowing the gap with benchmark Germany, as Rome moved closer to a deal to safeguard the country's struggling banks.