EU negotiators agreed Tuesday to cap mobile phone roaming charges in an effort to cut costs for travelers using their phones abroad _ although it remained to be seen whether customers would benefit from the new tariffs this European summer holiday season.
Bradley Rubin, an auto trading specialist at BNP Paribas, told CNBC’s “Morning Call” that he’s surprised the United Auto Workers Union supports Cerberus Capital Management’s deal for Chrysler.
European markets have "huge opportunities," says Jason Holzer. He's the senior portfolio manager of Vanguard's AIM European Small Company A fund. Rated five stars by Morningstar, AIM has had annualized returns of some 38% since 2002. Holzer joined "Squawk on the Street" to talk about the "very strong" European economies -- and how his fund plays them.
Dutch food retailer Ahold reported a slight dip in first-quarter group sales on Friday, in line with market expectations, but analysts said underlying sales growth boded well for a recovery.
A group of European banks are in secret talks to set up a pan-European debit card to challenge MasterCard and Visa Europe in cross-border business, a document obtained by Reuters said on Friday.
InBev, the world's largest beer producer, beat expectations with an 18% rise in first-quarter core profit on growth in Latin America, but its shares fell as investors eyed its relatively high valuation.
The euro is rising, unemployment is falling and the economy of the 13 EU nations that use the common currency is keeping pace with last year -- in contrast to the U.S., where growth is slowing and the dollar keeps falling.
Sampo said investors would have to wait until next year to hear what the group plans to do with the 5.1 billion euros ($6.9 billion) of excess capital it has following the sale of its banking operation to Danske Bank.
Tuesday after the bell, I reported Disney earnings. I started my report by saying the company "hit it out of the park" on earnings, beating the street by six cents. I then said revenues missed a bit, while still growing.
EU finance ministers meet Tuesday for talks that where they are expected to agree to keep an eye on hedge funds but set no new rules at this stage for the high-risk, high-return investments.
I'm in Paris, once more, for the second round of the French elections. The biting wind at our camera position is in stark contrast to the temperate warmth two weeks ago. The flirting with a new direction is over. France has her new President and Mr. Sarkozy appears to mean business.
"Spider-Man 3" is breaking records, and it hasn't even opened in the U.S. yet; it premiered in Tokyo in April, and opened in 16 Asian and European countries on Tuesday, bringing in $29 million dollars on its first day alone.Throughout Asia, the film opened bigger than the first and second films in the series; in some countries, it out-grossed the combined opening day of Spidey 1 and 2. And in some countries, the movie broke records for the biggest single-grossing day ever.
European stocks are once again expected to outperform U.S. ones and may even post gains superior to many of the hottest emerging markets.
Unemployment in Germany continued to decline, with the rate reaching 9.5% in April with fewer people out of work as companies sought to fill vacancies amid an economic turnaround.
The European Union said Tuesday that it has asked to participate in World Trade Organization talks over Chinese copyright and trademark policy initiated last month by the administration of U.S. President George W. Bush.
Shares of Liberty International rose 2.07% on the FTSE 100 on Tuesday after the company reported an increase in underlying profit before tax from £28 million ($56 million) to £36 million ($72 million) and a 4% increase for the quarter in net asset value per share -- another way of valuing property trust shares by subtracting liabilities from assets -- to 1,376 pence ($27.52).
An investor in ABN Amro has filed a class action suit against the bank in an effort to scrap an $88 billion takeover by Barclays and the sale of U.S. unit LaSalle, saying directors failed in their duties.
Global stock markets are forging ahead with the Dow Industrials claiming the 13,000 level but as February's sudden sell-off reminded investors, things can change in a hurry. In this special report, CNBC World's Worldwide Exchange program teams up with CNBC.com for a global stocks outlook.
ABN Amro Holding has been called to a hearing at the Enterprise Chamber of the Amsterdam Court of Appeal tomorrow in a case brought by the Dutch shareholders' association VEB, which is demanding an investigation into the policy making process at the bank, which is the Netherlands' largest.