CNBC Europe

Transatlantic ties have fractured since President Donald Trump arrived at the White House, but the EU hopes things may improve with the upcoming election.

Economic data is deteriorating once again, with the Flash PMI for the Eurozone hitting a four-month low.

The bank brought down its forecast for 2021, expecting economic growth to be between 3% and 4% next year and to be led by domestic consumption.

"We must act, and now, to avoid an acute national health emergency," German Chancellor Angela Merkel said.

The growing spat has seen Erdogan accuse Macron of Islamophobia and encourage Turks to boycott French products. Macron has in turn recalled France's ambassador to Ankara.

White House coronavirus advisor Dr. Anthony Fauci is scheduled to hold a discussion Wednesday with the the Journal of the American Medical Association.

The launch got off to a rocky start with Amazon using the wrong flag for Sweden and mistranslating product descriptions.

It comes shortly after AstraZeneca said its Covid vaccine candidate had produced a similar immune response in older and younger adults.

Former FDA chief Dr. Scott Gottlieb told CNBC he "wouldn't be surprised if we challenge 100,000 diagnosed cases this week."

Ericsson announced Wednesday that it's been selected to supply BT with 5G radio equipment in London and other major cities in the U.K.

The announcement is likely to boost hopes of a Covid vaccine being developed before the end of the year.

Turkey's central bank "needs to wake up pretty quick and hike policy rates or else the lira will hit the floor," one emerging markets strategist said.

"We are bringing capacity on. We are making more N95 respirators than ever, and we'll continue to add some capacity as we go into the end of the year, into next year," 3M CEO Mike Roman told CNBC.

The findings could deal a blow to those pushing for so-called herd immunity.

SAP saw its valuation fall by nearly $35 billion on Monday as shares collapsed by 21% following disappointing third-quarter results.

Energy giant BP on Tuesday reported a small profit in the third quarter, beating analyst expectations.

Trade and tax are among the areas to watch, in terms of Ireland's economic relationship with the U.S. if Democratic candidate Joe Biden wins the presidential election.

Dr. Anthony Fauci believes it will only be a matter of weeks before the findings of a potential vaccine will be known.

Implementing targeted restrictions now could forestall a worse coronavirus outbreak during fall and winter, former FDA chief told CNBC.

It comes with little over a week before the U.S. vote, with some investors increasingly pricing in the prospect of a Democratic president.