European stocks are set to open lower Friday morning, with sentiment curbed by concerns over plans to overhaul the tax system in the U.S. The FTSE 100 is seen 22 points lower at 7,438; the DAX is set to open down by 37 points at 12,044 and the CAC 40 is expected to open lower […]

A general election in Italy in early 2018 is likely to end in a hung parliament, mimicking the political situation across much of Europe. The exact date for the election is yet to be confirmed, although the likely date is March 4. An opinion poll by EMG Acqua from early December suggested that no one […]

Theresa May said on Thursday she was on course to deliver Brexit and a new partnership with the European Union, shrugging off a parliamentary defeat that could weaken her hand as the decisive phase of talks begins. The British prime minister spoke on arrival at an EU summit in Brussels where, over dinner, she will […]

[The stream is slated to start at 08:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Mario Draghi is speaking in Frankfurt, Germany, following the central bank’s monetary policy decision. The ECB decided Thursday keep its monetary policy unchanged and said that […]

The Bank of England’s (BOE) Monetary Policy Committee (MPC) voted 9-0 on Thursday to keep its monetary policy unchanged, leaving the U.K. interest rate at 0.5 percent in a result widely expected by markets. The focus now moves to inflation, which is at a five-and-a-half-year high, putting pressure on the bank to raise interest rates […]

A German stock exchange operator is reportedly considering the launch of its own bitcoin futures contracts. Deutsche Boerse executives have been “thinking” about the introduction of futures contracts, German business magazine Wirtschaftswoche reported Wednesday. “We are thinking about futures, with which private investors and institutional investors can protect existing investments in bitcoin or set for […]

Russian President Vladimir Putin has told an annual end-of-year press conference that he will run for president in early 2018 as an independent candidate. At Putin’s annual question and answer session with Russian and foreign media in Moscow on Thursday, the president was asked by a journalist from the Kommersant newspaper who he was running […]

There’s money to be made in currencies whose central banks will make an unpredictable move next year, said David Bloom, HSBC’s global head of foreign exchange strategy. His call for 2018? Bet on the Aussie dollar. Speaking to CNBC Thursday, Bloom predicted the Australian dollar will gain around 10 percent on the U.S. dollar over […]

South Africa’s Sibanye-Stillwater has agreed to buy Lonmin, valuing the troubled platinum producer at about 285 million pounds ($382.47 million), the two companies said on Thursday. Under the offer, each Lonmin Shareholder will receive 0.967 new Sibanye-Stillwater shares for each Lonmin share. The deal values each Lonmin Share at 86.3 pence and represents a premium […]

Greece needs to fully complete its current bailout program before the country receives any relief on its huge debt pile, the new Eurogroup president told CNBC. Speaking to CNBC in an exclusive interview, Mario Centeno, the incoming chief of the 19 finance ministers from the euro zone, said there are still “some intermediate steps” before […]