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  • European Central Bank

    European banking stress tests will be a missed opportunity for policymakers to reassure markets unless they come down heavily on undercapitalized banks, analysts and investors told CNBC.com.

  • Rupert Murdoch

    Rupert Murdoch, fighting to bring under control a crisis that has cost him a $12 billion deal, is unlikely to rush into the sale of the newspaper business at the heart of the hacking uproar in Britain.

  • irish policeman eu bailout protestors

    The Irish economic recovery has been held back by credit ratings agency Moody's downgrading its rating to junk status, Minister for Jobs, Enterprise and Innovation Richard Bruton said Wednesday.

  • Rupert Murdoch, Chairman and CEO of News Corporation, attends the Allen & Company Sun Valley Conference with his wife Wendi on July 7, 2011 in Sun Valley, Idaho.

    The British parliament will unite on Wednesday to urge Rupert Murdoch to drop plans to further expand his media empire in a move unthinkable before a phone hacking scandal exploded just two weeks ago.

  • Speculation has been building about who might want to buy the other newspapers owned by Rupert Murdoch's News Corp in the UK, after the News of the World closure.

  • bank_building_200.jpg

    After the European market closes on Friday, global markets will be digesting the results of the latest set of stress tests for European banks. Those that fail will need to raise more capital and the health of those that pass is likely to remain in doubt given questions being raised about the credibility of the tests.

  • Rupert Murdoch, Chairman and CEO of News Corporation

    The likelihood of Rupert Murdoch's News Corp being given UK government approval to complete its takeover of British Sky Broadcasting has "sharply contracted" over the last 24 hours, Alex De Groote, media analyst at Panmure Gordon told CNBC.

  • zombie_200.jpg

    While governments and local councils may be expected to be prepared to deal with terrorist attacks, extreme weather conditions and contagious diseases, a potential zombie attack might not be top of the list.

  • Dollar lifts, euro slips, and Thailand's prime minister-elect connects on the baht - time for your FX Fix.

  • Rupert Murdoch

    The storm clouds brewing over Rupert Murdoch's UK media empire are set to move closer, with the arrest of up to five employees expected within days, sources familiar with the situation told CNBC.com Thursday.

  • fx_fix_1_200.jpg

    China's banks are unexpectedly fragile and the Royal Bank of Australia is a dove - it's time for your VEX Fix.

  • President Ronald Reagan watches as British Prime Minister Margaret Thatcher speaks November 16, 1988 in Washington, DC.

    As Fourth of July celebrations get under way across the United States, London will hold its own tribute to America's 40th President, Ronald Reagan, with the unveiling of a bronze statue outside the American embassy in Grosvenor Square.

  • analyst_monitors_200.jpg

    Volumes of business across the UK financial services sector slowed in the three months to June  but jobs jumped, a survey published by the Confederation of British Industry (CBI) revealed on Monday.

  • 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.

  • 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.

  • fx_fix_1_200.jpg

    Japanese businesses are pessimistic and euro traders don't know what to think — it's time for your Friday FX Fix.

  • Queen Elizabeth II

    A mood of austerity may be stalking Britain, but the champagne is still flowing at Buckingham Palace thanks to a government plan to put the queen on what might be seen as profit-related pay, reported the FT.

  • supermarket_shopper_cart_200.jpg

    The gloom which has descended on the British high street, with shop closures and well-known chains collapsing, is set to continue as consumers cut back, Mike Dennis, senior consumer analyst at MF Global, told CNBC Thursday.

  • A protester holds up a smoke bomb during a mass demonstration against government financial cuts in central London, on March 26, 2011.

    Around 750,000 British teachers, civil servants, border agents and other public sector workers went on strike on Thursday after negotiations with the government failed to come to a resolution over proposed pension reforms.

  • stock_quotes_up.jpg

    As the quarter winds down, the temperature on Wall Street has warmed up quickly for stocks while investors chill on Treasurys.