Despite the volatility and liquidity concerns, some investors looking at CoCo bonds are seeing buying opportunities.» Read More
Secret tapes of Poland’s central bank governor apparently plotting to overthrow the finance minister threaten to throw the country into turmoil.
Medtronic is buying Covidien in a $42.9 billion agreement that could increase concerns about the rush of U.S. companies striking deals to cut their tax bills.
U.K. Treasury chief George Osborne is taking a tough line on the City, threatening jail terms for bankers if they manipulate the markets.
A deadline for Ukraine to pay Russia its gas bill passed on Monday morning after late-night talks between the two sides failing to reach an agreement.
Greenpeace has fired an employee after it group discovered he lost some $5.15 million in a bet on international currency markets.
Former British Prime Minister Tony Blair has argued it is "bizarre" to blame the current crisis in Iraq on the war of 2003.
Pro-Russian separatists have shot down a Ukrainian army transport plane, killing all 49 military personnel on board, Reuters reports.
Standard & Poor's ratings agency upgraded its outlook on the U.K.'s triple-A credit rating from negative to stable.
A European watchdog may crack down on banks using loopholes in rules that restrict big bonuses, amid controversy over remuneration practices.
The U.K.'s pound has roared higher as Mark Carney, the governor of the Bank of England, surprised markets.
Sweden's ballooning level of household debt poses a serious threat to its economy and its neighbors, the IMF has warned.
Greece has made painful cuts to salaries, pensions and jobs for public workers in the last four years, the NYT reports.
Bob Diamond has failed to secure the additional $400 million he was targeting for his African venture, the FT reports.
Ukraine accused Russia of allowing three tanks and other military vehicles to cross into Ukraine to help pro-Russian separatists.
Consumer prices in the euro zone are stable rather than too low, former European Central Bank board member Jürgen Stark says.
Bank of England Governor Mark Carney said Thursday interest rates in the U.K. could increase sooner than investors expect.
British finance minister George Osborne gave the BoE stronger powers to curb mortgage lending and reduce the risks of the housing market.
Russia's largest steelmaker by output, Evraz, has said it is still in talks with lenders over the strict terms of their financing agreements.
U.K. house prices increased in May as supply remained tight, but tougher rules around lending have introduced a "level of caution".
Taxi-hailing app Uber saw sign-ups jump to record levels following a rush of publicity, as cab drivers across Europe went on strike.
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