Euro traders are glum ahead of the EU summit, and rate cuts sting in New Zealand. It's time for your FX Fix.
Wealthy Saudi investor Prince Alwaleed bin Talal expressed confidence in Citigroup's earnings potential and also called for the bank to issue a dividend to shareholders.
European futures fell further on Thursday after Moody's announced that it had downgraded Spain's sovereign debt by one notch to Aa2 with a negative outlook.
Local residents in a small town north of Athens, angry at losing their exemption from paying tolls for using a 500m stretch of motorway, raised a banner saying “Den Plirono” (“I won’t pay”). In four months, Den Plirono has grown to a nationwide anti-austerity movement, reports the Financial Times.
New rules capital requirement for banks in Spain come into force on Thursday and Spain's vulnerable savings banks are looking around for any extra cash.
European shares look set to open slightly lower Wednesday as on mixed Asian markets and lower oil.
European stocks are set to buck the recent trend of losses, at least for the start of trading, and open higher Tuesday on lower oil and mixed markets in Asia.
For weeks now, events in the Middle East have taken the spotlight off the euro zone and its fiscal problems. But on Monday, Moody’s weighed into the issue by downgrading Greek debt to B1, from Ba1, with outlook negative.
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European stocks look set to open lower on Monday as ongoing unrest in Libya sent U.S. and Brent crude to new 2-1/2 year highs.
European shares were set to rise on Friday after sharp gains on Wall Street and in Asian equities on growing optimism on a key U.S. jobs report.
European stock index futures pointed to a rebound on Thursday on optimism over the health of the U.S. economy following forecast-beating data, and as oil prices dropped.
European stock index futures pointed to a lower open on Wednesday, mirroring losses in U.S. and Asian shares as rising tensions in the Middle East and North Africa lift oil prices.
European stock index futures pointed to a higher open on Tuesday after bullish comments by Warren Buffett helped Wall Street gain overnight .
After announcing a deal with the Irish government to buy the country’s largest savings bank, legendary investor Wilbur Ross, chairman and CEO of W.L. Ross & Co., told CNBC Monday that the European nation will have a V-shape recovery.
Ireland goes to the polls on Friday in a general election expected to sweep the ruling coalition from power – the first defeat for a eurozone government since the onset of the debt crisis.
European shares were set to edge up on Friday, snapping five straight sessions of falls, after a retreat in crude prices.
European stocks were seen inching lower on Thursday, adding to this week's sell-off as mounting worries over unrest in Lybia sent U.S. crude oil futures above $100 a barrel.
Following in the footsteps of Greece and Ireland, the Portuguese market looks set for a speculative attack, Silvio Peruzzo, European economist at RBS in London, told CNBC.
European shares are set to fall on Tuesday as concerns grow over the political unrest in Libya and Asian stock markets tumbled.