×

Archive Europe: Economy

  • BUDAPEST/ WARSAW, Nov 20- The zloty's gains were limited on Monday by a collapse of coalition talks in Germany, ahead of a batch of likely strong Polish economic data. Warsaw is due to release October industrial output, retail sales and producer price data at 1300 GMT which could nudge the bank towards a rate hike before the last quarter of 2018, which has been...

  • German Chancellor and leader of the German Christian Democrats (CDU) Angela Merkel, standing with leading members of her party, speaks to the media after preliminary coalition talks collapsed on November 19, 2017 in Berlin, Germany.

    Coalition talks in Germany collapsed over the weekend, potentially putting Chancellor Angela Merkel's leadership in doubt. Here's what can happen next.

  • TOKYO— Asian shares fell in muted trading Monday ahead of the Thanksgiving holidays in the U.S., as gloom carried over from Friday's retreat on Wall Street. KEEPING SCORE: Japan's benchmark Nikkei 225 index lost 0.6 percent to 22,271.35. JAPAN TRADE: Japan's trade surplus fell more than 40 percent in October from a year earlier, despite strong growth in exports to...

  • BERKELEY, California- Federal Reserve Bank of San Francisco President John C. Williams participates in a panel discussion on interest rates at the 2017 Clausen Center Conference on Global Economic Issues- 2100 GMT. FRANKFURT- European Central Bank executive board member Sabine Lautenschlager speaks at IIF European CRO Forum in Frankfurt- 1215 GMT.

  • BERKELEY, California- Federal Reserve Bank of San Francisco President John C. Williams participates in a panel discussion on interest rates at the 2017 Clausen Center Conference on Global Economic Issues- 2100 GMT. FRANKFURT- European Central Bank executive board member Sabine Lautenschlager speaks at IIF European CRO Forum in Frankfurt- 1215 GMT.

  • Sustained growth and revenue streams in tech stocks

    Mark Mahaney, RBC Capital Markets, discusses rising interest in tech stocks and governments focusing on business models of tech companies, which may signal challenges.

  • Coming hot on the heels of the first increase in UK interest rates for over 10 years, Britain's budget forecasters have said they will "significantly" cut their outlook for productivity growth, complicating an already delicate task. "The Chancellor is in an unenviable position heading into the budget," Mark Gregory, chief UK economist at accountancy firm EY, wrote...

  • *Fund managers upbeat on 2018 euro zone outlook. *Say both politics and economics have surprised this year. LONDON, Nov 17- The best economic growth in a decade and a tightening of the Franco-German axis at the heart of the 19- member euro zone has de-sensitized markets to European political risks and will keep money flowing into the bloc in 2018, top investors said...

  • *Prague's local markets are closed due to national holiday. BUDAPEST/ BUDAPEST, Nov 17- The zloty firmed on Friday as Poland released data showing a bigger than expected pick-up in wage growth, which could make hawks in the Polish central bank louder. Accelerating wage increases help drive economic growth and inflation in Central Europe.

  • BUDAPEST/ BUDAPEST, Nov 17- The zloty slipped on Friday before the release of wage data that could give Polish rate setters clues about inflationary pressure. Accelerating wage increases help to drive economic growth and inflation, which would be exacerbated in Poland by a labor shortage, with many of its workers moving to richer Western countries.

  • BUDAPEST/ BUDAPEST, Nov 17- The zloty slipped on Friday before the release of wage data that could give Polish rate setters clues about inflationary pressure. Accelerating wage increases help to drive economic growth and inflation, which would be exacerbated in Poland by a labour shortage, with many of its workers moving to richer Western countries.

  • NEW YORK— Retailers and smaller U.S. companies jumped again Friday as they continued to report strong third-quarter results, but technology companies and other big U.S. corporations couldn't add to the previous day's gains. A slew of retailers including discount chain Ross Stores, shoe store Foot Locker and clothing companies Gap and Abercrombie& Fitch...

  • *U.S. House passes its version of tax cut bill. NEW YORK/ LONDON, Nov 16- Gold prices were slightly lower on Thursday, trading in a tight range as the U.S. House of Representatives passed its version of sweeping tax cuts and investors weighed possible changes in fiscal policy against the impact of an expected rise in U.S. interest rates. "Taxes will determine the type of...

  • ATHENS, Greece— Auditors from the European Union's executive Commission say massive bailout programs for Greece were not properly planned and failed to anticipate the recessionary effect of austerity measures. Greece is nearing the end of its third consecutive bailout program next year, following years of grueling austerity measures that are set to...

  • U.S. stocks closed sharply higher Thursday, snapping a two-day losing streak. Investors cheered strong quarterly earnings from Wal-Mart Stores, Cisco Systems and other companies. "Investors have been looking to buy on weakness and they got a little bit of it," said Erik Davidson, chief investment officer for Wells Fargo Private Bank.

  • VILNIUS, Lithuania— A mayor in northeastern Lithuania has invited U2 frontman Bono to visit the shopping mall in Lithuania that he allegedly owns part of due to low-tax Malta investments whose documents were recently leaked. Katinas said Thursday that Bono, who has never visited Lithuania before, also could help make the Lithuanian town better known to the...

  • PARIS— Two of France's biggest workers' unions are staging nationwide protests against President Emmanuel Macron and his economic reforms. Thursday's 170 organized demonstrations mark the fourth day since September that union-backed protesters have taken to the streets to express discontent over Macron's policies. Far-left leader Jean-Luc Melenchon...

  • SEOUL, South Korea— Asian shares rose Thursday, led by Japan, while oil prices were steady despite a second straight day of overnight losses on Wall Street. Hong Kong's Hang Seng index gained 0.8 percent to 29,079.83. ANALYST'S VIEW: While the Federal Reserve's rate hike in December is "a done deal," Rob Carnell, head of research, Asia, at ING, said in a daily commentary...

  • William Hobbs, head of Investment Strategy for the U.K. and Europe at Barclays Wealth, says corrections are normal, but the trajectory is the key to watch.

  • NEW YORK- Bank of Canada Senior Deputy Governor Carolyn Wilkins will give a speech at Money Marketeers of New York University Inc- 0000 GMT. LJUBLJANA- ECB Governing Council member Bostjan Jazbec speaks at an investment conference- 0800 GMT. LIVERPOOL- Bank of England Governor Mark Carney, Bank of England Deputy Governor for Monetary Policy Ben Broadbent, Bank of...

Contact Europe: Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.