Maurice Levy, CEO of Publicis, says there is more pressure now to cut costs and reduce fees, due to the impact of digital and greater competition.» Read More
Up to 650,000 more UK households face "debt peril" if mortgage rates rise unexpectedly before the economy returns to full strength. The Financial Times reports.
Fuelled by three years of austerity Athens has imposed in return for bailout funds from its foreign lenders, unemployment inched up to 26.9 percent in April.
The U.K.'s economy will continue to improve, but the Bank of England faces a "big challenge" to maintain that recovery while ending quantitative easing, according to a report from Pricewaterhouse Coopers (PwC).
Spain's banking aid program is on track and its economy is stabilizing, despite the difficult macroeconomic conditions, the European Commission said on Wednesday.
The European Central Bank's guidance on interest rates extends beyond 12 months, and the bank could pursue other measures to shore up the euro zone, ECB policymaker Joerg Asmussen said.
Portugal needs a new bailout program due to the failure of the current austerity policies, the head of the main opposition party said.
Greece's budget could be back in surplus by the end of the year, although a lot of work still needs to be done in terms of reforms, says IMF's Managing Director Christine Lagarde.
An increasing number of British chief financial officers believe now is the time to take risk onto their balance sheets amid a shift towards expansionary strategies, according to new research by Deloitte.
France's finance minister, Pierre Moscovici, has called on his country's business community to be conscious of the need for reform, and has attacked what he described as "French-bashing."
European Central Bank President Mario Draghi reiterated on Monday his commitment to low interest rates, saying higher rates were not currently warranted.
Senior bankers found guilty of "reckless misconduct" could face prison, according to plans backed by the U.K. Chancellor of the Exchequer.
The euro zone must decide on Monday how to keep Greece on a lifeline but is divided over whether to delay aid payments to Athens in an attempt to force through unpopular reforms.
How much is a royal baby worth? Millions, yes, but according to these calculations, a lot more than you might think.
European stocks may have loved the forward guidance issued by both the European Central Bank and the Bank of England, but some economists have expressed concerns.
Portugal's prime minister has found a way to maintain government stability with the junior partner in the ruling coalition, but the full details still need to be hashed out.
European Central Bank took a historic step on Thursday by providing forward guidance on interest rates. Here's how it all happened.
The Bank of England kept its main interest rate unchanged on Thursday but warned that rising bond yields would weigh on its current outlook for growth, which led to a sharp weakening of the sterling against the dollar.
A political crisis in Portugal that has sent the country's bond yields soaring to as high as 8 percent this week puts ECB President Mario Draghi back in the hot seat.
The European Central Bank, eyeing tentative signs of euro zone economic recovery, is expected to eschew an major decisions on Thursday and keep its easy-money policy in place.
Latvia is set to join the euro, after the European Parliament voted in favor of its inclusion in the single currency zone.