Lower interest rates and increased consumer demand helped Electrolux beat analyst forecasts and report better than expected first quarter earnings, CEO Jonas Samuelson told CNBC .
Posted: April 28, 2017, 9:32 am
Emmanuel Macron’s assumed grip on the keys to the Elyee Palace could be loosening as his lead against far-right Marine Le Pen has narrowed ahead of the final week of the French Presidential race.
Posted: April 28, 2017, 8:22 am
Barclays chief Jes Staley has admitted he “made a mistake” after his attempts to unearth the identity of a whistleblower resulted in regulatory investigation, according to Reuters reports.
Posted: April 28, 2017, 8:15 am
Posted: April 28, 2017, 6:30 am
It looks like luxury sales are bouncing back in China, with yet another big brand seeing a boost in the world's second-largest economy.
Posted: April 28, 2017, 5:34 am
UBS has reported a net profit increase of 79 percent in the first-quarter of this year boosted by its investment bank business and cost-reduction program.
Posted: April 28, 2017, 4:53 am
UK police said a man carrying knives had been arrested on Whitehall, and was being detained under anti-terrorism laws.
Posted: April 27, 2017, 2:54 pm
The European Central Bank (ECB) held its benchmark interest rate at zero percent on Thursday and left monetary policy unchanged.
Posted: April 27, 2017, 2:18 pm
One of the Brexit debate's key voices spoke to CNBC after the launch of Best for Britain, her tactical voting campaign.
Posted: April 27, 2017, 1:47 pm
Israel struck an arms supply hub operated by the Lebanese group Hezbollah near Damascus airport, Syrian sources said.
Posted: April 27, 2017, 11:30 am
Three new U.K. wind farms are up and running, EDF Energy Renewables has announced.
Posted: April 27, 2017, 11:22 am
The price for Bitcoin broke through $1,300 on Thursday, near its all-time high, but investors are growing cautious.
Posted: April 27, 2017, 11:15 am
Angela Merkel told Britons not to delude themselves that they would continue to enjoy EU rights after Brexit.
Posted: April 27, 2017, 10:36 am
Deutsche Bank reported on Thursday a lower-than-expected revenue for its first quarter, mainly driven by a negative impact of credit spreads.
Posted: April 27, 2017, 10:22 am
France is furiously debating who out of Marine Le Pen and Emmanuel Macron won "the battle of Whirlpool" on Wednesday.
Posted: April 27, 2017, 9:42 am
Deutsche Boerse pledges ‘targeted M&A’ with $218 million share buyback following LSE merger collapse
Deutsche Boerse's 200 million euro ($218 million) share buyback will be used to fund "organic growth and targeted mergers and acquisitions (M&A)".
Posted: April 27, 2017, 6:56 am
Europe's Airbus on Thursday posted a steeper than expected 52 percent drop in first-quarter profit.
Posted: April 27, 2017, 5:36 am
"The more powerful you are, the more your actions will have an impact on people, the more responsible you are to act humbly" said Pope Francis.
Posted: April 26, 2017, 2:08 pm
The selfie could be the key to a more politically engaged electorate, according to one technology company aiming to make the voting system more secure.
Posted: April 26, 2017, 12:49 pm
French presidential candidate Emmanuel Macron's campaign team confirmed on Wednesday that his party had been the target of a series of attempts to steal email credentials since January but that they had failed to compromise any campaign data.
Posted: April 26, 2017, 12:25 pm
Shares in Metro Bank traded lower on Wednesday despite the bank delivering first quarter deposit growth of 1 billion pounds.
Posted: April 26, 2017, 9:39 am
The potential election of centrist Emmanuel Macron as the next president of France is raising hopes over the country's ability to reform its economy.
Posted: April 26, 2017, 8:10 am
It is "still early days" for a monetary policy tightening across the euro zone, analysts told CNBC.
Posted: April 26, 2017, 5:49 am
Abu Dhabi has set its sights on developing a booming financial services sector in a continued push to diversify the UAE's oil-dependent economy.
Posted: April 26, 2017, 5:43 am
Credit Suisse has just reported first quarter earnings which show Switzerland's second-largest bank beating expectations.
Posted: April 26, 2017, 5:05 am
A flash flood of fruit juice from a beverage plant in southern Russia has flowed into a town's streets and into the River Don.
Posted: April 25, 2017, 3:09 pm
The ECB is breathing a sigh of relief after the first round of the French election but they are unlikely to change their policy stance until June.
Posted: April 25, 2017, 2:45 pm
At this week's European Central Bank meeting it is all about slight changes in tone when it comes to their assessment of economic activity. With the French presidential run-off scheduled for May 7, there appears to be little appetite to rock the boat.
Posted: April 25, 2017, 12:24 pm
Some German women question Ivanka Trump's contribution at an affair featuring other uber-qualified speakers like Christine Lagarde. NBC News reports.
Posted: April 25, 2017, 11:55 am
LVMH plans to buy out minority shareholders in Christian Dior, a transaction aimed at boosting LVMH's earnings.
Posted: April 25, 2017, 11:18 am
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