The problem of how Europe handles the increasing number of people risking life and limb for a new life abroad has reached a flashpoint.
Swiss Re, the world's second-largest reinsurer, said on Thursday that second-quarter net profit rose 2 percent on fewer natural disasters.
Americans are drinking more expensive booze, in particular tequila and whiskey, according to Diageo's boss.
BT, the British telecoms giant, announced better-than-expected net profit of £511 million ($797 million) for the first quarter on Thursday.
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CNBC's Phil Han reports on the two candidate cities vying for the 2022 winter Olympics and who might have the lead.
Peter Oppenheimer, chief global equities strategist at Goldman Sachs, discusses Chinese equities.
CNBC's Hadley Gamble reports on the migrant crisis plaguing the border link between France and Britain.