Judge Vassiliki Thanou was sworn in Friday as Greece's first female prime minister, heading a caretaker government until elections are held.» Read More
Global economy is emerging from its lull could harden into conventional wisdom by the end of this week if, as expected, data show the euro zone's lengthy recession has ended.
Hot on the heels of a week of upbeat data for the U.K. economy, a new report shows business conditions in the country rose for the sixth consecutive month in July to a high not seen since May 2011.
Britain's largely state-owned Royal Bank of Scotland is unlikely to be reprivatized before 2018, Business Secretary Vince Cable said in an interview published on The Telegraph newspaper website.
After decades of pursuing trade with western Europe, Finland is becoming dependent on Russia again as that country's burgeoning middle class and wealthy investors provide opportunities for growth lacking in recession-hit Europe.
Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008.
One year on from Manchester United's controversial listing, success on the soccer pitch has helped the club's shares soar, analysts told CNBC.
Bidding for a struggling Dutch telecoms group may seem an odd move for a Mexican billionaire, but Carlos Slim could be placing a long-term bet on an improvement in the European economic climate and in Germany in particular.
The Bank of England's (BoE) forward guidance marks a divergence in policy from the U.S. Federal Reserve - a rare event in economic history which points to "pronounced" sterling weakness.
There might be cause for celebration in the euro zone next week, with analysts expecting official figures to show its economy grew for the first time since 2011 in the second quarter.
Mexican billionaire Carlos Slim's America Movil has made a 7.2 billion euro ($9.6 billion) bid for the shares in Dutch telecoms group KPN it does not already own, challenging an offer for KPN's German business.
U.S. President Barack Obama comforted the embattled Greek population by hinting that the austerity drive may be tempered with other ways of restoring the economy to health.
Richard Fisher, the president of the Dallas Federal Reserve, is most worried over the euro zone's second-largest economy, rather than its periphery.
Forget subliminal messaging or party political broadcasts; for the next two weeks, over 20,000 of the U.K.'s billboards will be home to works of art.
The likelihood of the U.K. exiting the European Union (EU) currently stands at 50 percent, with the next flashpoint in May next year, according to new research.
A social network website has launched a $46,500 crowdfunding drive to finance an online sportswear line, in the hope of taking on the $250 billion sportswear industry.
Silvio Berlusconi's conviction for tax fraud has fueled speculation that his eldest daughter Marina could take his place as leader of the center-right in Italy.
Chinese authorities have visited a site operated by Danish drugmaker Novo Nordisk, the latest evidence of a widening investigation into Western drugmakers.
Investors should brace for a sell-off in U.K. government bonds, known as Gilts, after the Bank of England inadvertently brought forward expectations of an interest rate hike, according to analysts.
Shares in Deutsche Telekom shot up on Thursday after the company grew its customer base in the U.S. - where it owns T-Mobile – substantially more than expected.
Commerzbank Chief Financial Officer Stephan Engels said the default of Detroit had dented second-quarter earnings, adding that the lender had made "adequate" provisions.
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