CNBC Europe (referred to on air simply as CNBC) is a business and financial news television channel which airs across Europe, the Middle East and Africa.The station is based in London, where it shares the Adrian Smith-designed 10 Fleet Place building with Dow Jones & Company. In July 2005, NBC Universal announced that it would be acquiring the Dow Jones stake in CNBC Europe, subject to required regulatory clearances.On 9 December 1997, the channel announced that it would merge with the Dow Jones news channel in Europe, European Business News. On 1 January 2006, in line with this, the channel dropped the "A Service of NBC Universal and Dow Jones" tagline.The merger took place in February 1998, upon which the channel then became known officially as "CNBC Europe - A Service of NBC and Dow Jones". On 18 September 2006, CNBC Europe debuted a new graphics package, which is similar to that used by its U. counterpart (first seen in the United States on 19 December 2005).Other daily programmes not produced by CNBC include NBC talk show The Tonight Show starring Jimmy Fallon until 2016 when it was replaced with Late Night With Seth Meyers and NBC Nightly News with Lester Holt.Weekly programmes broadcast by the channel include Investing Edge, On The Money, Managing Asia and Inside China.
The lower-third style was distinct to CNBC Europe, but adopted some elements of the CNBC U. On 1 December 2008 the channel relaunched its flagship programme Squawk Box Europe, with a new look not derived from CNBC U. On 15 December 2008 the channel announced that long running show Power Lunch Europe would be removed from the schedule and be replaced, in both Ireland and the United Kingdom only, with a 12-week run of Strictly Money, a new programme focussing specifically on UK issues.
A stack (or bug) providing index and commodity prices was displayed in the bottom right hand corner of the screen until December 2005, when it was replaced with a strip across the top of the screen (in line with the other CNBC channels). The bug was moved back to the bottom right hand corner of the screen on 13 October 2014.
In addition to its own programming, CNBC Europe also broadcasts live almost all of the business day programming from CNBC U. Worldwide Exchange, Squawk on the Street, Squawk Alley, Fast Money Half Time Report, Power Lunch and Closing Bell are all broadcast in their entirety.
This marks the creation of a new UK/Ireland opt-out for CNBC Europe.
The new schedule aired from 12 January 2009, with Strictly Money remaining in the schedule until its cancellation in March 2011. On 22 January 2010, the station ended its encryption on digital satellite television in the UK to increase its viewer footprint to an estimated 11 million households. The network was formally merged with CNBC Asia in December 2011 to form a new Singapore-based company, CNBC International, to manage the two stations.
Along with CNBC Asia, the channel is operated by the Singapore-headquartered CNBC subsidiary company CNBC International, which is in turn wholly owned by NBCUniversal. CNBC Europe re-launched its on-air image in September 2004, but instead of adapting the U. title sequences for programmes, designed all of its title sequences itself from scratch (while still using the U. On 30 December 2005, CNBC Europe became a wholly owned subsidiary of NBC Universal.