Europe News

Europe's Latest Business News, Sector Watch News and Business Headlines Online.

Italy is no longer Europe's problem child as France's protest crisis grows

Italy was firmly in the spotlight — and on Europe's naughty step — until recent weeks for its budget-busting spending plans but now civil unrest in France is dominating Europe's attention.

Posted on 10 December 2018 | 8:46 am

Goldman warns a sharp US economic slowdown next year could see financial markets running 'scared'

Global equity markets could struggle to come to terms with a dramatic slowdown from the world's largest economy next year, one Goldman Sachs strategist told CNBC on Monday.

Posted on 10 December 2018 | 8:44 am

Sterling plummets to 18-month low on reports UK government could pull Brexit vote

A delay in the vote would be seen as an attempt by Prime Minister Theresa May's government to return to the negotiating table with the EU and seek terms more amenable to U.K. lawmakers. 

Posted on 10 December 2018 | 7:04 am

France's Macron expected to promise change amid riots — but is it too late?

French President Emmanuel Macron is due to address the country Monday evening amid ongoing violent protests that hit Paris and other French cities again at the weekend.

Posted on 10 December 2018 | 3:49 am

European markets fall amid global growth worries; sterling slips to 18-month low amid Brexit vote chaos

European stocks were lower Monday lunchtime, falling on worries over slowing economic growth.

Posted on 10 December 2018 | 2:01 am

Germany avoids political winds of change after 'mini-Merkel' win

On Friday, delegates from the ruling Christian Democratic Union (CDU) party in Hamburg elected Annegret Kramp-Karrenbauer as the new leader of the party.

Posted on 8 December 2018 | 6:27 am

Huawei reportedly pledges $2 billion to satisfy British security agency's demands

Huawei has reportedly agreed to conform with a list of terms set out by GCHQ's National Cyber Security Centre. 

Posted on 7 December 2018 | 8:49 am

Tech start-ups in Europe are trying to help migrants

With the number of people displaced worldwide due to conflict and persecution currently standing at 68.5 million, some start-ups are trying to find innovative ways to help.

Posted on 7 December 2018 | 8:13 am

A crunch Brexit vote is coming next week that could plunge the UK into fresh political chaos

Theresa May needs 320 lawmakers to agree with her plan to leave the European Union.

Posted on 7 December 2018 | 2:40 am

OPEC and allies agree to cut oil production by 1.2 million barrels per day

Major oil producers have reached a preliminary deal to cut oil production and boost the market, following two days of grueling negotiations.

Posted on 7 December 2018 | 2:31 am

European markets close higher to cap wild week; Fresenius SE shares tank 17%

European stocks recovered Friday, bouncing back from the two-year low in the previous session.

Posted on 7 December 2018 | 2:06 am

Huawei CFO arrest sends global chip stocks plunging; AMS slides 7%

Global chip stocks tumbled on Thursday as the arrest of a top executive at Chinese tech giant Huawei renewed fears of an escalation in U.S.-China trade tensions.

Posted on 6 December 2018 | 5:36 am

OPEC meeting ends with no decision on production levels

OPEC has reportedly agreed to cut oil production, but the cartel is not releasing details of the deal until it reaches an agreement with allied producers including Russia.

Posted on 6 December 2018 | 2:13 am

European markets close at 2-year low; Stoxx 600 loss worst since Brexit

European stocks retreated sharply Thursday, amid fears of a slowdown in economic growth.

Posted on 6 December 2018 | 1:47 am

No deal on auto tariffs as White House backpedals, Volvo threatens to move jobs overseas

Carmakers were initially buoyed by the claim of an "incredible" trade deal emerging Trump's dinner with Chinese President Xi Jinping at the G-20 summit. But the White House has now backpedaled, acknowledging there was no deal. 

Posted on 5 December 2018 | 9:35 am

Huawei blocked from providing core tech to a 5G network in the UK

Chinese smartphone manufacturer Huawei has been barred from providing the technology central to BT's 5G network.

Posted on 5 December 2018 | 9:15 am

Does Trump control OPEC policy? A critical meeting is set to test the energy markets' 'biggest fear'

Oil markets are deeply concerned about the power President Donald Trump has over some of the world's largest crude producers, energy analysts told CNBC on Wednesday, ahead of a much-anticipated meeting between OPEC and non-OPEC members.

Posted on 5 December 2018 | 6:10 am

Italy is in a honeymoon period that will end in 2-3 months, former prime minister warns

The coalition between the leftist Five Star Movement (M5S) and the right-wing Lega came to power in early June; it promised to revive the economy by giving more money to the poor and reduce taxes. 

Posted on 5 December 2018 | 4:30 am

Germany is about to find out who's likely to replace Merkel as leader

Germany's largest and dominant political party is holding a crucial vote to elect a new leader and the winner could also become Germany's next chancellor.

Posted on 5 December 2018 | 4:17 am

Theresa May's Brexit deal is 'good for both sides,' analysts say

The so-called Withdrawal Agreement — a 585-page document that outlines how the U.K. will leave the EU in March — is causing division among society and lawmakers. 

Posted on 5 December 2018 | 2:07 am

Austerity is coming to an end in Europe and the future looks uncertain

There was a time when European governments couldn't utter a fiscal policy statement without mentioning the word "austerity." Now, the policy seems to be out of favor. the concept seems to have all but disappeared from public discourse.

Posted on 5 December 2018 | 1:51 am

European stocks fall more than 1 percent amid rising trade war fears

European stocks posted sharp losses on Wednesday afternoon, as resurgent trade worries worsened investor fears about global economic growth.

Posted on 5 December 2018 | 1:31 am

UK spy chief raises questions over China's 5G rollout

The U.K. and Canada are the only members of the Five Eyes security alliance not to exclude Chinese tech firms from working on their 5G networks.

Posted on 4 December 2018 | 10:36 am

EU's latest probe into Google won't conclude this year, antitrust chief says

The European Commission's latest investigation into Google won't conclude before the end of the year, the EU's antitrust chief said Tuesday.

Posted on 4 December 2018 | 9:46 am

Italy asked for 'credible' budget commitments as it looks to placate the EU

Italian Prime Minister Giuseppe Conte told Italian media that he would be making new budget proposals to the European Union on Tuesday. 

Posted on 4 December 2018 | 9:12 am

US legislation aimed at reining in OPEC's power over oil markets is a 'big concern,' Barclays says

The risk of U.S. legal action against OPEC could prompt more members of the influential oil cartel to sever ties with the group, according to the head of energy markets research at Barclays.

Posted on 4 December 2018 | 6:27 am

PayPal dismisses competition concerns after $2.2 billion takeover of iZettle

PayPal has dismissed concerns that its $2.2 billion takeover of European technology start-up iZettle could lead to higher prices for payment services and reduce competition.

Posted on 4 December 2018 | 4:27 am

French government to delay fuel tax hike after violent protests

The French government is to suspend a controversial rise in fuel tax that has caused widespread protests throughout the country.

Posted on 4 December 2018 | 3:15 am

The UK deserves to know Theresa May's backup plan if the Brexit vote fails

For businesses, investors and individual British citizens, the black box inside Number 10 Downing Street creates a great deal of uncertainty as we enter the final month of 2018.

Posted on 4 December 2018 | 1:42 am

European tech start-ups are having a record year — and the US isn't keeping up

Europe's tech start-up scene is giving Silicon Valley a run for its money.

Posted on 4 December 2018 | 1:17 am