×

Europe Top News and Analysis Switzerland

  • ZURICH, Oct. 1- Swiss retail sales rose 5.9 percent in August in real real terms versus the year-earlier month, the Federal Statistics Office said on Monday. Sales were up 0.4 percent compared to the previous month when adjusted for seasonal effects. For recent Swiss National Bank comments...

  • ZURICH, Oct 1- Swiss drugmaker Novartis said on Monday the European Commission had approved its Seebri Breezhaler as a once-daily treatment for adult patients with chronic obstructive pulmonary disease, more commonly known as smoker's cough, in the European Union.

  • ZURICH, Oct 1- Swiss stocks were set to open slightly lower on Monday, adding to Friday's losses as concerns mount over Spain's economic crisis and as data signal further evidence of slowing growth in China.

  • *Qua Iboe valued at dated plus $2.30- $2.60. GENEVA, Oct 1- Nigeria's largest crude stream, Qua Iboe, showed signs of stalling on Monday after a flurry of deals last week that boosted differentials to six-month highs.

  • germany_cityscape_200.jpg

    More than a quarter of the work force in Spain or Greece is without jobs, but there is a city on the Danube north of Munich that has the opposite problem: not enough workers, the New York Times reports.

  • London Housing

    It may be the age of austerity for many in Britain. For a former doctor, Geoffrey Lipman, it is anything but.  Dr. Geoffrey Lipman, who is retired, gets about $78,000 a year in his government pension.

  • A European Union, left, and a Hungarian national flag, fly outside the Magyar Nemzeti Bank, Hungary's central bank, in Budapest.

    Beleaguered countries like Spain have been counting on a quick and neat way to fix their banks without taking on more crippling debt. The New York Times reports.

  • Costa del Sol region in Spain.

    Spain's economic crisis has prompted a movement within Spain dubbed it “rurbanismo,” a term invented to describe the reverse migration from city to country that has stemmed a generations-old trend that has long been the usual pattern in most advanced industrial economies, the New York Times reports.

  • Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Deposit Insurance Corporation headquarters, on February 16, 2012 in Arlington, Virgina.

    In September 1992, the Federal Reserve culminated a long-running effort to stimulate the sluggish economy by cutting its benchmark interest rate to 3 percent, the lowest level it had reached in almost three decades.

  • Euros

    When fear gripped the European markets in April, the money manager Robert Tipp decided to buy more Portuguese government bonds. He figured that European officials wouldn’t let the country turn into another Greece.

  • Greek Parliament

    Anastasia Kastaniotou, a struggling mother of three, stood near the Greek Parliament building on Wednesday and threw up her hands as she contemplated an €11.5 billion austerity package that her country’s government was trying to tie up this week to keep Greece in the euro, the New York Times reports.

  • jorg-asmussen-200.jpg

    A top German official at the European Central Bank on Monday defended the bank’s plans to intervene in bond markets to push down borrowing costs for businesses and encourage economic growth. The position puts him at odds with the president of Germany's central bank and highlights a growing split in the country’s policy-making elite.

  • fx_fix_1_200.jpg

    Spain pain scuttles the euro rally and Switzerland keeps growing - it's time for your FX Fix.

  • Greek Parliament

    Greece's official lenders are signaling a growing reluctance to keep paying the bills of the nearly bankrupt nation, even as the government seeks leniency on its bailout terms.

  • European Union Flag

    Signs that cracks in the euro zone are widening sent markets on the Continent down sharply on Monday, as doubts grew about Greece’s ability to make good on its debt payments and Spain’s economy — the region’s fourth largest — was straining under the pressure of the government’s austerity measures, the NYT reports.

  • According to the National Association of Convenience Stores, 2011 was a good year for the industry. Sales  prompting NACS Chairman Tom Robinson to conclude that “one-stop shopping and speed of service for refreshments, food and fuel… continues to resonate with our customers.”Perhaps no convenience store chain in the U.S. is as well-known as 7-Eleven, originator of the Slurpee and the Big Gulp. It operates over  throughout the country, but nearly twice that amount is found in Japan, home of Seven

    CNBC presents a list of 10 foreign-owned brands, businesses and landmarks that are perceived by the public to be as American as it gets.

  • United Kingdom

    What did we think of European Commission President Jose Manuel Barroso’s comments last week on the UK and Europe?

  • The term “corporate headquarters” often brings to mind an intimidating environment, full of modular furniture, fluorescent lights and joyless gray cubicles. For many years, there were scant deviations to be found.In the 21st century, that rule book has been tossed out the window. The new one has been written by veterans of the tech boom, the start-up boom and the dotcom boom, and this new “old guard” has changed the rules.Now that corporate norms no longer apply across the board, nontraditional

    Now that corporate norms no longer apply across the board, nontraditional office spaces have become more common. Click ahead to see some of the coolest corporate headquarters in the world.

  • Cigarettes

    For years, law enforcement officers and smugglers have played cat and mouse in Europe, where contraband cigarettes are stashed in everything from furniture shipments to loads of Christmas trees, the New York Times reports.

  • Wall Street sign

    As big banks face the fallout from a global investigation into interest rate manipulation, American and British lawmakers are scrutinizing regulators who failed to take action that might have prevented years of illegal activity, the New York Times reports.