BP, the oil giant, announced a second-quarter replacement cost loss of $6.3 billion, and warned low oil prices are here to stay.» Read More
The more than $10 billion fee to resolve alleged sanctions evasions would be the largest imposed on a bank, the Wall Street Journal says.
Russia asked Ukraine to stop its military operation against pro-Russian separatists, and the West to press Kiev to avert a "catastrophe".
GlaxoSmithKline salespeople in China say the company won't reimburse them for bribes they were ordered to pay out of pocket. FT reports.
The Bilderberg conference, a top-secret annual gathering attracting the richest and most powerful people from across the globe, gets underway.
The leader of the UK Independence Party claims the UK cannot stop 'known criminal gangs' from countries like Romania entering the country.
Italy's State Police will soon be tearing through the country's highways in a brand new Lamborghini.
The U.K. government helped 7,313 buyers to purchase a home with its flagship Help to Buy mortgage scheme in its first six months.
UK needs to start raising interest rates soon if it wants to avoid sharp increases in the future, a BoE official has warned, the FT reports.
The U.K. government's argument that an independent Scotland would be too expensive to run has "zero credibility," according to one of the economists cited by the government.
Paris ranked as the most popular global retail market last year, according to a new study by commercial real estate firm CBRE.
Saying it is a "fair concern," NSA leaker Edward Snowden tells NBC News why he's in Russia.
The ECB has published further data that shows a reluctance by banks to lend to businesses, which could prompt its governing council to act.
Ukraine will owe Russia $5.2 billion for natural gas as of June 7 if it makes no payments by that date, the CEO of Gazprom said.
General Electric has improved its offer for French train and turbine maker Alstom, with a pledge to create 1,000 jobs in France, sources said.
Swiss food group Nestle stepped up its drive into the fast-growing skincare market on Wednesday.
Nationwide's chief executive said the price of homes in London could start to fall over the summer months amid signs that the housing market may be cooling.
EU leaders, stunned by a big Eurosceptic protest vote, agreed to seek a package deal of appointments to top EU jobs with an economic agenda.
Dutch supermarket chain Ahold posted a first-quarter operating profit below analyst expectations, as margins fell in the United States and the Netherlands.
Nobel Prize-winning economist Paul Krugman challenged the ECB on Tuesday to act to stop the euro zone slipping into Japan-style deflation.
The difficult future that lies ahead for Ukraine was laid bare Tuesday after relatively smooth presidential elections that took place over the weekend.
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Beth Ann Bovino, chief U.S. economist at Standard & Poor's, weighs in on what to expect from the Federal Reserve meeting this Tuesday and Wednesday.
Joseph France, research analyst in healthcare at Cantor Fitzgerald, talks about the current state of healthcare stocks in the U.S.
Very few stocks are driving small gains on the Nasdaq and S&P. Is this an indicator that it's time to sell? Carter Worth, head of technical analysis at Cornerstone Macro, discusses.