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Britain's Carphone Warehouse and Dixons Retail have agreed a 3.8 billion pounds($6.38 billion) all-share merger, creating a powerful pan-European mobile phone and electricals group with about 2,900 stores.
The U.K.'s takeover regulations should change so that the government can stop Pfizer taking over AstraZeneca if it wants to, an influential group of U.K. MPs has said.
Over half of homes in the U.K. will be rented in 18 years' time, if the country's property boom continues at its current pace, new research shows.
Spanish, Italian, Greek and Portuguese stocks tumbled on Thursday, after euro zone growth data disappointed and uncertainty prevailed over the prospect of the ECB announcing stimulus measures soon.
Central banks may have averted the impending doom following the financial crash, but Thomas Piketty has told CNBC it's now time for governments to step in.
The war of words over Pfizer’s attempts to take over AstraZeneca has escalated, with one politician invoking rape to describe the U.S. giant’s bids.
Financial group Old Mutual is set to be a "beneficiary" of the U.K.'s upcoming pension system overhaul, its CEO told CNBC on Thursday.
Next week's European elections will not only see new members of the European Parliament appointed, it will also determine who becomes the next President of the Commission.
The French government has issued a decree allowing it to block any foreign takeovers of French companies in "strategic" industries, throwing up a potential roadblock to General Electric's planned $16.9 billion bid for Alstom's energy assets.
German Chancellor Angela Merkel said that finishing off planned regulations for international financial markets was getting increasingly difficult.
The frontrunner for the EU's top job told CNBC that it would not be fair to reassure people that the economic crisis is over.
The IMF sees a 25 percent chance of the euro zone slipping into deflation by the end of next year, the fund's chief economist said on Wednesday.
Bank of England Governor Mark Carney played down expectations of an early rate hike, despite signs of a pickup in the U.K.'s economic recovery.
The British pound slipped to a four-week low against the dollar on Wednesday morning after investors were left disappointed following the Bank of England's (BoE) inflation report.
Europe's once-battered economies now offer the best value in real estate, according to a new report from Knight Frank.
Russia's Gazprom said on Wednesday it saw only an "insignificant" risk of interruption to gas transit to Europe during spring and summer this year.
Some more good news for the U.K. economy as unemployment fell to its lowest level in over five years, and wage growth rose by more than inflation.
Valuations in fixed income look "strange" according to bond investors as 10-year Apple bonds and 10-year Spanish government bonds are trading at similar levels.
The world's largest blue diamond is up for auction on Wednesday with a whopping $25 million price tag.
The European Central Bank is preparing a package of policy options for its June meeting, including cuts in all its interest rates.
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