Italy's making some economic headway and citizens have a choice of two countrymen to thank.» Read More
The IMF mission chief to Moscow said Russia's growth forecast for the year had been cut from 1.3 percent to 0.2 percent.
Fashion designers Domenico Dolce and Stefano Gabbana were sentenced to one year and six months each in jail on Wednesday, over tax evasion charges.
GE's $13.5 billion bid for a French energy group would make the U.S. company the biggest industrial player in emerging markets, CEO Jeff Immelt says.
Euro zone inflation picked up in April, but remained below expectations, maintaining pressure on the ECB to act.
Pro-Moscow separatists seized government offices in more Ukrainian towns on Wednesday.
The 500-year-old Jewish holy book sold at Christie's in Paris for double its expected price.
BNP Paribas on Wednesday posted a forecast-beating 5.2 percent rise in net profit for the first quarter.
An independent review of the problems which led to a funding gap at the Co-operative Bank has concluded its problems lay in its takeover of Britannia Building Society.
Europe's highest court rejected Britain's challenge to a financial transactions tax, raising fears the levy may hit the City.
Ian Read, CEO of Pfizer, flew into London for a round of meetings with politicians and investors ahead of an expected fresh bid for AstraZeneca.
Spain's gross domestic product rose at its fastest quarterly pace in six years in the first quarter while inflation accelerated.
Alstom shares soar 11 percent after it said it was considering General Electric's $13.5 billion bid for its energy unit.
Royal Dutch Shell reported on Wednesday its first-quarter earnings almost halved from a year ago to $4.5 billion.
Kate Moss launched her new collection at Topshop's flagship store in London late Tuesday.
Germany's Siemens has unveiled plans to take on General Electric with a formal offer for French engineering giant Alstom.
Chief executives in some of Europe's biggest banks saw huge gains in their pay packets in 2013, data compiled exclusively for CNBC reveals.
Hundreds of pro-Russian separatists stormed the regional government headquarters in Ukraine's eastern city of Luhansk on Tuesday, unopposed by police.
State-backed hackers are aiming to create "war-like activities" that could harm economic growth in Europe.
The U.K.'s eight biggest lenders will have to prove they can survive a 35 percent fall in house prices.
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Rakesh Mohan, executive director at the IMF representing India, explains how falling oil prices and market turmoil in China impact the Indian economy.
Rakesh Mohan, executive director at the IMF representing India, says the country should be able to maintain a growth rate of seven to eight percent or more.
Francesco Starace, CEO of Enel, talks about the outlook for world energy markets.