Death and desperation mounted in Europe's migrant crisis Friday as Austrian police said 71 people appeared to have suffocated in the back of an abandoned truck, while an estimated 200 people were feared drowned off Libya when two overloaded boats capsized.» Read More
The EU is prepared to take further action against Russia if tensions with Ukraine escalate, leaders from three EU countries told CNBC.
Twitter users in Turkey reported widespread outages on Friday, hours after Prime Minister Tayyip Erdogan threatened to ban the social media platform.
European leaders added 12 people to a list of those subject to travel bans and asset freezes for their part in Russia's seizure of Crimea on Thursday.
Standard & Poor's revised the outlook for the Russian Federation on Thursday to "negative" from "stable" on rising geopolitical and economic risks.
An ex-Credit Suisse trader has been fined £662,700 ($1.1 million) and banned from the industry for manipulating the U.K. bond market.
Ukraine is still reeling from the apparent loss of Crimea and trouble on its Eastern borders, but economic battles may ultimately be more important.
Merrill Lynch advised the Irish government that just 16.4 billion euro ($22.6 billion) would be needed to rescue its banks from collapse in 2008.
A macro hedge fund launched by controversial ex-IMF chief Dominique Strauss-Kahn's firm, is aiming to raise $2 billion.
Russia says it has imposed entry bans on nine U.S. lawmakers and officials in retaliation to Washington's sanctions over Crimea.
France's Hermes - maker of the iconic Kelly and Birkin leather handbags - posted a solid set of numbers Thursday, while across the Channel the CEO of Mulberry quit in the latest bout of turbulence for the group.
While there are reasons for "cautious optimism" as the euro zone shows signs of economic recovery, high unemployment will fall by just one percentage point in the next four years.
ECB President Mario Draghi hailed the "great progress" made by the EU, after negotiators agreed to complete the region's banking union.
As Russian President Vladimir Putin celebrates his seizure of Crimea, EU leaders hold critical talks on Thursday on how to respond.
Credit Agricole aims to lift net profit by 60 percent to over 4 billion euros ($5.56 billion) in 2016, the French bank said on Thursday.
The U.S. warned Moscow it was on a "dark path" to isolation on Wednesday after Russian troops stormed Ukraine's naval headquarters.
Greece could opt to sell 1.5 to 2 billion euros of five-year bonds in a test issue in the first half of the year, a source told Reuters.
As Russian president Putin signed a treaty on Tuesday making Crimea part of Russia, a region in neighboring Moldova has also pleaded to join the country.
It may be the "most secure circulating coin," but the new British £1 coin is going to cause a headache for vending machines.
Of the half a trillion dollars held by Russians outside the country, roughly two-thirds is held in accounts in just three countries.
Jerome Kerviel, the former Societe Generale trader who brought the bank to the brink of collapse in 2008 has been sentenced to at least three years in jail but will shed the title of “most indebted man on earth” after six years of legal battles.
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