The explosion was believed to have been caused by a power transformer, the Reuters report said, citing Turkey's Haberturk.» Read More
Despite Barclays' disappointing results this week, analysts are not expecting any great changes when it reveals its strategy update this Thursday.
As tensions in Ukraine escalate, power players from both sides of the conflict may be reaping benefits.
U.K. politicians from the right and the left are piling in to give their two cents on Pfizer's $106 billion bid for AstraZeneca.
For the sixth month in a row, analysts expect little or no action from ECB President Mario Draghi – instead he'll be resorting to talking the talk.
British grocer J Sainsbury posted a 5.3 percent rise in annual profit, its slowest growth in nearly a decade.
HSBC, Europe's largest bank by assets posted a 20 percent fall in pre-tax profit to $6.8 billion in the first three months of the year.
French bank Societe Generale reported a 13.3 percent drop in first-quarter net income as it booked a 525 million euro ($731 million) writedown on its Russian business as turmoil in Ukraine persists.
Danish brewer Carlsberg A/S reported a weaker than expected first quarter capped by a weak Russian rouble and declining sales in Eastern Europe.
Commerzbank posted a rise in profit in the first quarter as significantly improved earnings in retail banking and its Eastern European operations compensated for weaker investment banking income.
Alstom has only "one offer on the table" from General Electric for its energy division, the group's CEO told CNBC.
Greece's odds are in favor of both an economic recovery and solid investment returns, the CEO of country's largest domestic bank said.
Ukraine slides further towards war, with Russia supporters and of a united Ukraine accusing each other of tearing the country apart.
The iPhone may lose its luster a few decades from now, LVMH baron Bernard Arnault tells CNBC, but people will still drink Dom Pérignon.
Since the start of the Ukrainian conflict, Russia has increased its air activity over the Pacific Ocean, near California and the island of Guam.
France’s finance minister has called for debate about the strength of the euro, as the currency neared a seven-week peak on Tuesday.
AstraZeneca, the pharmaceutical company fighting off repeated approaches from larger rival Pfizer, has boosted its defense against the raid.
Business activity in the euro zone boosted by new orders, increasing backlogs of work and employment returning to growth, new data shows.
Complacency by policymakers is one of the biggest risks to the world's economy, the head of the OECD told CNBC, as the organization cut its global growth forecast for 2014.
Bayer will acquire the consumer care business of U.S.-based Merck & Co for $14.2 billion in cash, the company said in a statement Tuesday.
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Yossi Vardi, tech investor and chairman of Unbound Digital, says companies are finally realizing where innovation is coming from and must develop technology both in-house and through outsourcing.
Alex Gunz, fund manager for Heptagon Capital, discusses future trends which should deliver growth to investors.
Carlo Messina, CEO of Intesa Sanpaolo, discusses opening a private banking branch in the U.K. to serve wealthy London-based Italians.