Ahead of the German election this weekend, a politician told CNBC that the country wants a working Europe. Otto Fricke, member of the federal executive board for Germany’s Free Democratic Party laid out his party’s vision for Europe in an interview with CNBC on Friday. “We want a working Europe. We don’t want a fat […]

U.K. fintech start-up Starling Bank – which operates solely on a mobile app – said it plans to raise £40 million ($54 million) from investors to drive expansion into markets beyond the U.K. The London-based challenger bank doesn’t have a single physical branch, and claims to be the first digital challenger of its kind to […]

London stripped Uber on Friday of its licence to operate from the end of September in a huge blow to the taxi app that will affect more than 40,000 drivers in one of the world’s biggest cities. “Uber’s approach and conduct demonstrate a lack of corporate responsibility in relation to a number of issues which […]

Russia’s central bank has been forced to rescue two major lenders in less than a month, intensifying concerns among global investors that a systemic banking crisis could be in the offing. The Russian government’s latest rescue of a major bank was confirmed on Thursday, when the Central Bank of Russia (CBR) said it had nationalized […]

Euro zone private businesses ended the third quarter with much stronger growth than predicted, bolstered by manufacturers, who had their best month since early 2011, a survey showed on Friday. That growth, alongside rising inflationary pressures, is likely to increase expectations the European Central Bank will announce plans next month to reduce its monthly spending […]

Angela Merkel looks all but certain to take a fourth term in office as chancellor of Germany following an election on Sunday but many Germans are worried that a nationalist, ring-wing party could also gain a lot of votes. Only founded in 2013, the Alternative for Germany (AfD) party is currently polling in third place […]

European stocks are seen lower Friday morning as geopolitical concerns take center stage. The FTSE 100 is seen down by 29 points at 7,235; the DAX is set to start off by 48 points at 12,559 and the CAC 40 is seen lower by 12 points at 5,259. Investors are set to take cues from […]

German and broader European equities have enjoyed a stellar start to the year but during a bumpy summer stocks retraced many of those gains. Recent weeks have seen their fortunes improve once again but past performance suggests that the upcoming German Federal election scheduled for this Sunday, September 24, could threaten some of the current […]

Germans are heading to the polls on Sunday September 24 for a federal election which will ultimately decide whether the incumbent chancellor, Angela Merkel, has another four years in power. Polling stations open on Sunday morning and close at 6:00 p.m. local time (12:00 noon ET) and soon after, public broadcasters Das Erste and ZDF […]

Prime Minister Theresa May will say on Friday Britain is willing to pay 20 billion euros ($24 billion) to the European Union during a post-Brexit transition period, but only if it has access to the bloc’s single market, the BBC’s political editor reported. May, who is weakened after losing her party’s majority in a June […]