Europe News

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

ECB won’t give world’s oldest bank extra time to raise cash

The ECB won't give extra time to the embattled Italian bank Monte dei Paschi to raise money to finance its operations, sources told CNBC.
Posted: December 9, 2016, 7:17 pm
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The coolest ski chalets on the market

Check out CNBC's top picks of the coolest ski chalets on the market this season.
Posted: December 9, 2016, 6:05 pm
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Political risks are not fully priced: Chief investment officer

Europe is swamped by political risk but peripheral markets haven't fully priced it, a chief investment officer told CNBC.
Posted: December 9, 2016, 3:48 pm
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Italy will have to wait until March for elections: Analyst

Ongoing political talks In Italy should lead to an interim government, rather than snap elections, an analyst told CNBC.
Posted: December 9, 2016, 12:56 pm
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Italian government knows what to do with banking vulnerabilities: Draghi

ECB President said he's "confident" that the Italian government knows what to do to address the fragile banking sector.
Posted: December 8, 2016, 9:18 pm
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The UK bans online junk food ads to children; lags behind Quebec but ahead of US and Mexico

New rules will ban ads promoting high fat, salt or sugar food and drink to under-16s across online and social media
Posted: December 8, 2016, 7:48 pm
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Russia says government will not order oil companies to cut output: Report

Russia's government will not order Russian oil companies to cut output as part of a deal with OPEC, RIA cited Deputy PM.
Posted: December 8, 2016, 2:57 pm
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Pope warns media over 'sin' of spreading fake news

Media that focus on scandals and spread fake news to smear politicians risk becoming like people who have a morbid fascination with excrement, Pope Francis said.
Posted: December 8, 2016, 1:22 pm
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Italy asks ECB for more time to save troubled BMPS: Report

Monte dei Paschi asked the ECB for more time to move ahead with a $5.4 billion recapitalization, according to the FT.
Posted: December 8, 2016, 1:13 pm
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Kremlin says Glencore, Qatari fund to buy 19.5% stake in Rosneft

Russia said on Wednesday it sold a stake in oil giant Rosneft for $11.3 billion to Qatar and Glencore.
Posted: December 8, 2016, 12:30 pm
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