Plans to give shareholders more power over boardroom pay will be given centre stage in the Queen’s Speech, as highly paid executives face another week of lambasting from shareholders, the Financial Times reports.
Sunday’s elections in Europe occurred in three countries with diverse economic circumstances, and they were for different parts of government (presidential, regional, and parliamentary respectively). Yet the common message from the electorate is undeniable, reminiscent of a famous line in the 1976 movie Network: “I'm as mad as hell, and I'm not going to take this anymore!”
Voters in the United Kingdom punished the coalition government’s two political parties at local elections across the country on Thursday in what will be seen by many as a rejection of the government’s austerity.
Buying shares in Facebook will not be worth the risk over the long term, according to David Lowery, equity strategist at Faraday Research.
What does crude's fall say about the economy? The currency trade behind crude oil's fall, with CNBC's Melissa Lee and the Money in Motion traders. Also, Ron Paul's reaction to the jobs report.
Europe for the last four years has been a headline that has moved markets and portfolios. It now appears as if a new and dangerous chapter is beginning relative to Europe's financial solvency.
Elections in Greece on Sunday could throw the country into disarray once more, unsettling investors who believed that a deal struck earlier this year to restructure the country’s debt and avert a default marked the end of a major chapter in the euro zone debt crisis.
Greece needs to see consensus among the various political factions and to renegotiate its bailout to return to markets and build a long-term program of economic growth, according to the President of the Athens Chamber of Commerce.
Parallels are being drawn between Europe’s current debt crisis and Japan’s so-called Lost Decade, when the Asian country’s economy imploded in the 1990s. The NYT reports.
Manufacturing reports suggest Europe could slide into recession without the rest of the world, creating fallout for the euro.
Spain's borrowing costs rise and the European Central Bank meeting threatens - it's time for your FX Fix.
The European Central Bank will leave rates on hold on Thursday and continue to assess the impact on the economy of two rounds of cheap, 3-year funding for banks, analysts told CNBC, warning that the bank’s ability to fight the crisis is waning.
Repairing the economy and regulating banks is “the biggest challenge the Bank [of England] has faced for decades,” Sir Mervyn King said on Wednesday in a speech in which he conceded for the first time he should have “shouted from the rooftops” about risks before the financial crisis.
The chief executive of Societe Generale, Frederic Oudea, warned Socialist party French presidential candidate Francios Hollande against any move to break up the French banking system on Thursday as the financial institution announced first quarter earnings that declined from a year earlier.
Spain's crisis is one of private, not public debt, and arguably has its roots far more in the inappropriate monetary policy applied from Frankfurt during the key 2002 to 2006 period than in any failure in the application of the EU Stability and Growth Pact.
Andreas Utermann, Global CIO, Allianz Global Investors talks about what is needed for Europe to achieve growth and get out of its liquidity trap.
Boris Schlossberg, Director of Currency Research, GFT Forex says the euro needs to weaken for the European economies to export themselves out of recession.
The European Central Bank is meeting Thursday, and this strategist has a trading plan - sort of.
Of all the people rocked by the debt and austerity tumult rattling Europe, the famously prudent but prosperous Dutch were seldom on anybody’s watch list. Until now, the New York Times reports.
What is the future of central banks? It will be busy, because they are now expected to deliver both monetary and financial stability, writes Martin Wolf. The FT reports.