Today EU finance ministers agreed to exchange info on cross-border tax rulings to better detect abusive tax practices of multinationals.» Read More
Alitalia, the Italian national airline that has made a profit only a few times in its 67-year history, once again risks collapsing as the government scrambles to find investors willing to rescue its problem child.
Workers who become witnesses for the U.K. state in cases of corporate crime could be in line for payouts, under new proposals being considered.
The French Riviera hasn't lost its cachet, topping the list of prime residential enclaves for the ultra-wealthy, according to research from Savills.
For Tattersalls bloodstock auction in Suffolk, U.K., selling thoroughbred racing horses is big business. This week has demonstrated just how big.
Two Russian multimillionaires racked up a $207,116 bill between them in a head-to-head contest at a London nightclub, to see who could amass the biggest bar tab.
Tamara Mellon, the co-founder of the luxury brand Jimmy Choo, told CNBC that her former business partner Choo did not have the "creative vision" to design shoes.
Britain's biggest privatization in decades captured the imagination of the public, with 700,000 individuals applying for seven times the number of Royal Mail shares on offer to private investors.
The breakaway Anglo-French rugby championship will take on the the Heineken Cup by being a "better deal", the Saracens chairman told CNBC.
China launched a currency swap deal with the euro zone on Thursday, in the country's latest push to transform the yuan into a major world currency.
The latest girlfriend of Silvio Berlusconi has discussed the chaotic nature of life at home with the former Italian prime minister, who is 49 years her senior.
The Bank of England kept left interest rates at a record low of 0.5 percent and its asset purchase target unchanged at £375 billion as expected on Thursday.
The U.K. and Europe have failed to capitalize on the maverick within the global energy market and are being left out in the cold, a leading energy analyst told CNBC.
British state press regulation will be hammered out this week after the U.K. government rejected a proposal from newspapers to regulate themselves.
Janet Yellen is the first woman to even be considered to lead a major central bank—one of the highest glass ceilings remaining for women.
A growing number of French students from the Grandes Ecoles, the country's 'Ivy League', are considering quitting France to find their first job.
ECB Executive Board Member Joerg Asmussen expressed confidence in the U.S. government, but warned that in Europe, depositors could still be tapped if a bank failed in the future.
It looks like it's steady as she goes when the U.K. central bank's monetary policy committees meets this Thursday, said analysts.
Fears that struggling euro zone country Slovenia are closer to asking for an international bailout re-emerged this week with lawmakers warning that the country might soon not be able to fund itself.
Italy and Spain have launched landmark new debt-raising initiatives on Wednesday, capitalizing on market demand.
European lawmakers have passed a bill to regulate pilots’ flying times, despite fierce opposition from both the European Parliament and the U.K. pilots union.
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Jeff Currie, global head of commodities research at Goldman Sachs, says the risk of crude oil reaching $20 a barrel is driven by “breaching storage capacity.”
The European Court of Justice has ruled a U.S.–EU data transfer deal as invalid. Mark Young, a special counsel on the data privacy team at Covington & Burling, discusses.
Michael Bell, global market strategist at JP Morgan Asset Management, explains why equity markets are due a rally, rather than a correction.