×

Archive Europe: Economy

  • **BASEL, Switzerland Donald Kohn, external member financial policy committee, Bank of England gives speech at the Supervisory policy implementation in the current macro-financial environment conference, Basel 1145 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT WASHINGTON-...

  • **BASEL, Switzerland Donald Kohn, external member financial policy committee, Bank of England gives speech at the Supervisory policy implementation in the current macro-financial environment conference, Basel 1145 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT WASHINGTON-...

  • People walk along Wall Street in New York.

    After Brexit, uncertain times create an opportunity for interim executives, Financial Times reports.

  • LONDON— The British economy is likely to grow more slowly than its peers in the Group of Seven until the middle of next year largely because of uncertainties related to the country's exit from the European Union, the Bank of England governor said Monday. "The balance of these effects has lead overall U.K. growth to slow in the first half of 2017, even as growth in the...

  • *Initially, short-term funds pulled out of Qatar. *Qatar can continue operating but with higher costs. In the initial weeks after the United Arab Emirates, Saudi Arabia, Bahrain and Egypt cut diplomatic and transport ties with Doha on June 5, accusing it of backing terrorism, many long-term investors sat tight, hoping the dispute would be resolved soon and allow...

  • A trader works on the floor of the New York Stock Exchange (NYSE).

    Our live blog tracked market reaction as the Dow, Nasdaq and S&P hit new record highs.

  • ROME- ECB Supervisor Ignazio Angeloni participates in a panel discussion at Italian Banking Conference 2017 in Rome, Italy- 0845 GMT. WASHINGTON- Bank of England Governor Mark Carney gives a lecture at the International Monetary Fund, then has a public discussion with IMF Managing Director Christine Lagarde- 1500 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish...

  • ROME- ECB Supervisor Ignazio Angeloni participates in a panel discussion at Italian Banking Conference 2017 in Rome, Italy- 0845 GMT. WASHINGTON- Bank of England Governor Mark Carney gives a lecture at the International Monetary Fund, then has a public discussion with IMF Managing Director Christine Lagarde- 1500 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish...

  • ROME- ECB Supervisor Ignazio Angeloni participates in a panel discussion at Italian Banking Conference 2017 in Rome, Italy- 0845 GMT. WASHINGTON- Bank of England Governor Mark Carney gives a lecture at the International Monetary Fund, then has a public discussion with IMF Managing Director Christine Lagarde- 1500 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish...

  • ROME- ECB Supervisor Ignazio Angeloni participates in a panel discussion at Italian Banking Conference 2017 in Rome, Italy- 0845 GMT. WASHINGTON- Bank of England Governor Mark Carney gives a lecture at the International Monetary Fund, then has a public discussion with IMF Managing Director Christine Lagarde- 1500 GMT. WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish...

  • LONDON, Sept 15- Sterling hit its highest level since the result of the Brexit vote on Friday and was heading for its best week in almost nine years against a currency basket, as investors doubled down on bets the Bank of England would raise interest rates soon. By afternoon trade in London, the currency eased off its $1.3616 high to trade 1.5 percent up at $1.3588, and...

  • This undated photo released by North Korea's state news agency on December 11, 2016 shows North Korean leader Kim Jong-Un during a combat drill.

    Our live blog tracked reaction as U.S. stocks brushed aside fresh tension over North Korea.

  • LONDON, Sept 15- The prospect of British interest rates rising for the first time in 10 years grew on Friday when a Bank of England policymaker who had been its strongest advocate of ultra-low borrowing costs said rates might need to rise in the coming months. Vlieghe was the first BoE rate-setter to vote for a cut after Britain's shock referendum decision in June...

  • By Andrey Ostroukh and Jack Stubbs. MOSCOW, Sept 15- The Russian Central Bank lowered its main interest rate to 8.5 percent from 9 percent on Friday and said it expected to deliver more cuts in the next six months as inflation slows. "Taking into account a balance of risks for inflation, the Bank of Russia considers its possible to lower the key rate in the next half a...

  • BERLIN— German Chancellor Angela Merkel is offering support for the French government's agenda of economic reforms. President Emmanuel Macron wants to boost the economy by changing France's rigid labor rules to make it easier to hire and fire workers. Merkel said after meeting French Prime Minister Edouard Philippe on Friday that the reform plan "is an...

  • LONDON, Sept 15- The prospect of British interest rates rising for the first time in 10 years grew on Friday when a Bank of England policymaker who had been its strongest advocate of ultra-low borrowing costs said rates might need to rise in the coming months. Vlieghe was the first MPC member to vote for a rate cut after Britain's shock referendum decision in June...

  • LONDON, Sept 15- Sterling hit its highest level since the results of the Brexit vote on Friday and was heading for its best week in almost 9 years on a trade-weighted basis, as traders bet the Bank of England would raise interest rates soon. Comments from BoE policymaker Gertjan Vlieghe echoed the central bank's signal this week that the first rate increase in a...

  • COPENHAGEN, Denmark— Norwegian Prime Minister Erna Solberg says her foreign minister will become the new president of the World Economic Forum but will not immediately resign as head of Norway's diplomacy. The 51- year-old Brende, a member of Solberg's Conservative Party, has been central in talks between the Colombian government and leftist rebels in what...

  • TALLINN, Sept 15- It is time for the European Central Bank to scale back its huge stimulus program as brisk economic growth in the euro zone and low interest rates will bring inflation back to target, ECB board member Sabine Lautenschlaeger said on Friday. The scheme was launched in 2015 to help revive inflation but has been blamed for fueling bubbles in bonds and...

  • LONDON, Sept 15- The Bank of England might need to raise interest rates in the coming months, according to the rate-setter who was previously most strongly in favour of keeping borrowing costs at their record low. Sterling, which jumped on the BoE's announcement, climbed further after Vlieghe's comments on Friday, hitting $1.35 for the first time in 14 months.

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 our products and service. Privacy Policy.