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  • Thursday Look Ahead: Greece Could Keep Markets on Edge Wednesday, 15 Jun 2011 | 8:39 PM ET
    stock_chart_2_200.jpg

    The Greek debt crisis fanned a broad sell off Wednesday and it will no doubt keep markets on edge Thursday.

  • Why Greece Is Not the Next Lehman Wednesday, 15 Jun 2011 | 11:59 AM ET
    Protestors are seen on the Syntagma square during a protest against plans for new austerity measures.

    As Europe struggles to find a fix for Greece—and Greek citizens take to the streets—traders worry that a Greek default might be like the failure of Lehman or worse. Are they right?

  • UK Regulator Warns 260 Firms of 'Widespread Failings' Wednesday, 15 Jun 2011 | 5:59 AM ET
    Tower Bridge and City of London financial district

    The UK Financial Services Authority has written to 260 wealth managers to warn them that it has identified "significant, widespread failings" within the industry's approach to managing client risk, as it opens regulatory action against 14 firms.

  • Bank Chiefs' Average Pay Rises by 36 Percent Wednesday, 15 Jun 2011 | 1:03 AM ET
    bank_building_200.jpg

    Bank chiefs’ average pay in the US and Europe leapt 36 percent last year to $9.7 million, according to data compiled for the Financial Times, despite variable performance across the sector.

  • UK's Osborne to Endorse Bank Ring-Fence Proposals Wednesday, 15 Jun 2011 | 12:25 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    British finance minister George Osborne will use a major speech on Wednesday to throw his weight behind recommendations that banks' retail arms should be ring-fenced from their investment banking operations.

  • KKR Looks at Post-Nuclear Future Tuesday, 14 Jun 2011 | 1:47 AM ET
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    The end of Europe's love affair with nuclear energy provides fertile ground for the development of other renewable sources of power, according to the head of European infrastructure at private equity house Kohlberg Kravis Roberts (KKR), which has just completed a major deal in the sector.

  • In Greece, Some See a New Lehman Monday, 13 Jun 2011 | 11:02 AM ET
    The former Greek Prime Minister, George Papandreou

    Bond traders and officials at the European Central Bank have been unified in their warnings that a restructuring of Greece’s debt would set off an investor panic similar to the one that followed the bankruptcy of Lehman Brothers, the New York Times reports. 

  • Dollar Could Rally on Market Weakness: Analyst Monday, 13 Jun 2011 | 8:09 AM ET

    The dollar could be set to rally against the euro despite improved market sentiment around the European sovereign debt crisis, Robin Griffiths, technical strategist at Cazenove Capital told CNBC Monday.

  • Plan B and a Hard Place: Osborne Stuck in Middle Monday, 13 Jun 2011 | 3:57 AM ET

    With little appetite for a change of course on Plan A, the team at the UK Treasury will be hoping for some luck on the economy over the next few months. But even if their luck dries up one economist believes there is room for manoeuver within Plan A.

  • British Olympic Team Reliant on Sponsors Monday, 13 Jun 2011 | 2:41 AM ET

    The British Olympic team is perhaps the only one in the world that relies entirely on non-government sponsorship, but it is on track to have athletes competing in every Olympic sport at the London 2012 Games, Andy Hunt, chairman of the British Olympic Association told CNBC.

  • UK Government Backpedals on Welfare Cuts Monday, 13 Jun 2011 | 12:56 AM ET
    David Cameron

    Britain’s ruling coalition is to modify its plan for a rigid £26,000 annual cap ($42,190) on the total benefits that can be claimed by any household, amid fears it could force thousands of poor families out of their homes in London, the FT reports.

  • UK Prime Minister May be Forced into Cabinet Reshuffle Friday, 10 Jun 2011 | 10:49 AM ET
    Britain's Prime Minister David Cameron (front 2nd Left) calls an end to a group picture with his new cabinet ministers in the garden of Number 10 Downing Street in London, England.

    The UK’s Prime Minister, David Cameron, is coming under increasing pressure to reshuffle his cabinet just days after returning to work from a two-week break.

  • Barracks Sale Tests London Property Market Friday, 10 Jun 2011 | 12:52 AM ET
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  • BMW Gives Mini Boost to UK Automotive Sector Thursday, 9 Jun 2011 | 10:08 AM ET
    2008 Mini Cooper hardtop

    BMW will invest 500 million pounds ($818 million) in its UK factories as it prepares its manufacturing network for the rollout of its next-generation Mini.

  • Iceland Ex-Premier Charged, Could Others Follow? Thursday, 9 Jun 2011 | 6:15 AM ET
    Punkaharju, FINLAND: Iceland's Prime Minister Geir H. Haarde waves to photographers after steering a timber tractor during the Nordic premiers meeting in Punkaharju, 19 June 2007. The Nordic Prime Ministers meet in Punkaharju to discuss current topics on the United Nations and the European Union. AFP PHOTO LEHTIKUVA / Pekka Sakki *** FINLAND OUT *** (Photo credit should read PEKKA SAKKI/AFP/Getty Images)

    Geir Haarde, Iceland's former prime minister, has been charged with criminal negligence over his part in the collapse of the country's banking sector in 2008, the first credible attempt to hold a head of government accountable for the failures in oversight that led to the global financial crisis.

  • Gilt Investors Look to Monetary Stimulus in UK Thursday, 9 Jun 2011 | 1:07 AM ET
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    Only weeks ago, quantitative easing, the emergency policy of pumping money into the financial system to revive the economy, was considered firmly over. Now, amid a stream of gloomy data that has raised renewed fears of a double-dip recession in the UK, it could soon be back on the agenda, reported the FT.

  • Employees of the Chernobyl Nuclear Power Plant walk outside of the destroyed 4th block of the plant on February 24, 2011 ahead of the 25th anniversary of the meltdown of reactor number four due to be marked on April 26, 2011. Ukraine said early this year it will lift restrictions on tourism around the Chernobyl nuclear power plant, formally opening the scene of the world's worst nuclear accident to visitors. Chernobyl's number-four reactor, in what was then the Soviet Union and now Ukraine, expl

    Nuclear safety watchdogs and G20 energy ministers gathering in Paris on Tuesday and Wednesday to work on reinforcing nuclear safety around the globe in the wake of the Japanese nuclear disaster at Fukushima last March were keen to stress nuclear energy is still a viable source of alternative energy.

  • Dollar Rise Will Spell Trouble for Gold: Analysts Tuesday, 7 Jun 2011 | 5:03 AM ET
    Cash and gold

    The long term price of gold could come under pressure from a rallying dollar as the risk from the sovereign debt crisis subsides, Barclays Capital analysts said on Tuesday.

  • Double-Dip Unlikely so Buy Stocks: Economist Tuesday, 7 Jun 2011 | 3:53 AM ET
    Fed Chief Ben Bernanke Testifies to House Budget Committee

    Despite weak economic data a double dip recession is unlikely and investors should favor stocks over bonds, according to Chris Watling, the CEO of Longview Economics in London.

  • BP to Restart Talks on TNK-BP Stake Sale: Report Tuesday, 7 Jun 2011 | 3:05 AM ET
    BP headquarters in London.

    BP is to restart stalled talks with Russian state oil company Rosneft to sell part of its stake in TNK-BP, the Wall Street Journal reported citing people familiar with the situation.