Though Portugal seems out of the woods with a projected growth rate of 2.5 percent this year, according to the International Monetary Fund, consumer and business habits might jeopardize the economy in the future. “My fear is more on the change of habits,” Diogo Teixeira, CEO of Optimize Investment Partners, told CNBC. “We’ve seen in […]

Ultra low official interest rates continue to “weigh heavily” on Germany’s smaller banks, two watchdogs said on Wednesday. Germany’s bank regulators, the Bundesbank and BaFin, surveyed about 1,500 small and medium-sized banks, accounting for 88 percent of institutions and 41 percent of total assets. The findings showed that banks expect pretax profit to fall by […]

U.K. Prime Minister Theresa May touched down in Japan on Wednesday, with aspirations to soothe Brexit concerns and drum up trade from the world’s third-largest economy. Japan, which is prioritizing talks with the European Union over a landmark free trade deal, has been direct with Britain in voicing its concern about the danger Brexit poses […]

A euro that continues to rise against the U.S. dollar is now the main danger being posed to fragile euro zone economies that are still recovering after the sovereign debt crisis of 2011, one economist has told CNBC. Ireland, Portugal and Spain have become some of the fastest growing economies in Europe after receiving help […]

Rupert Murdoch has pulled his Fox News channel from the Sky platform in Britain, where the government is assessing a bid by the media mogul to buy the broader Sky pay-TV company for $15 billion. In a statement, Murdoch’s Twenty-First Century Fox said it had decided it was no longer in its commercial interest to […]

Russia’s central bank launched one of the biggest banking bail-outs in its history on Tuesday, saying it would rescue troubled private lender Otkritie which has suffered a sustained run on its deposits amid worries about its loan portfolio. The central bank said it planned to tap its own funds in order to become a major […]

British listed companies will soon have to reveal and justify the difference in pay between their chief executive and their average employee, under new reforms aimed at tackling excessive boardroom pay. Public businesses where more than one-fifth of shareholders are opposed to the salaries of board members will then be named and shamed on a […]

The landscape in Europe is changing but investing in European companies isn’t far-fetched, analysts told CNBC. The euro has strengthened against the dollar, rising to more than 14 percent since the start of the year, on geopolitical concerns posing risks to businesses in Europe as their products become more expensive abroad. Though some analysts fear […]

The euro has risen more than 14 percent against the dollar so far this year due to optimism about economic growth and fewer political risks, and this climb is expected to continue, according to several market analysts. “Long euro is not really a crowded trade right now. There is reluctance to believe it will go […]

ProSiebenSat.1 Media SE said it was looking for possible external investors to back its content production and digital commerce businesses, potentially via separate stock market listings. “The company will enter discussions with interested third parties regarding a potential co-investment in or business combinations with its content production and digital commerce businesses through their respective holding […]