Italy's making some economic headway and citizens have a choice of two countrymen to thank.» Read More
Europe's EADS on Wednesday confirmed plans to reorganize in three divisions and change its name to Airbus, adopting the look and feel of its arch-rival Boeing in a bid to become more competitive.
The Bank of England's (BoE) rate decision on Thursday marks the start of a key week in the tenure of new governor Mark Carney with some analysts expecting "radical changes."
French banking group BNP Paribas said on Wednesday it was expanding its business in Germany, hiring 500 people over the next three years.
Deutsche Bank pledged to cut risky assets from its balance sheet in response to regulatory concerns, as quarterly profit missed expectations, hit by a 630 million euro ($834.97 million) hike in litigation reserves.
The Swiss National Bank is selling back to UBS this year the once-toxic assets it shouldered at the height of the financial crisis, which have since become profitable.
Class action lawsuits like the ones BP is facing in the U.S. are a "business model" that serves only to benefit attorneys, the chief executive of BP told CNBC.
France's Schneider Electric is nearing a 3.3 billion pounds ($5.07 billion) deal to acquire British engineer Invensys and could announce the agreement at its results on Wednesday, three people with direct knowledge of the matter said.
There is no better time to be in the media business than right now and Western Europe is looking like a new emerging market, said Discovery CEO David Zaslav.
Violence has continued across Egypt over the past 24 hours, as European Union foreign policy chief Catherine Ashton confirmed on Tuesday that she had met ousted President Mohamed Morsi.
An improvement in economic sentiment in the euro zone area adds to evidence that the crisis in the region is easing, analysts said on Tuesday, but the recovery remains weak.
The International Monetary Fund on Monday approved a further 1.7 billion euros in funds for Greece's bailout program after completing the fourth review of the euro zone state.
German consumer confidence rose to its highest level in nearly six years, shoring up expectations that household spending will help it withstand weak demand for its exports.
Despite contracting for the eight consecutive quarter in the second quarter of 2013, Spain's economy was signaling that it could return to growth soon, analysts said.
Spain's biggest bank Santander on Tuesday said net profit rose 29 percent in the first six months of 2013 to 2.25 billion euros ($2.98 billion).
Business confidence among European CEOs bounced to a two-year high in the second quarter, according to a new survey, with these executives now more optimistic than those in Latin America.
The beleaguered euro zone economy is set for a comeback this year, and that should drive stocks in the region higher by up to 10 percent in the coming weeks, analysts told CNBC.
The Archbishop of Canterbury's attempt to take on controversial pay-day lender Wonga exposed the Church of England to accusations of hypocrisy, but it shouldn't deter the Church.
Police are searching for a man who was wearing gloves, a cap and a scarf to mask his face while sneaking into the diamond show in a luxury Cannes hotel.
Barclays will on Tuesday launch a rights issue to raise more than £5 billion as the UK bank moves fast to come into line with British regulatory requirements on leverage.
The European Commission told Italian lender Monte dei Paschi di Siena to beef up a restructuring plan before it can be given approval for a $5.3 billion bailout.
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Rakesh Mohan, executive director at the IMF representing India, explains how falling oil prices and market turmoil in China impact the Indian economy.
Rakesh Mohan, executive director at the IMF representing India, says the country should be able to maintain a growth rate of seven to eight percent or more.
Francesco Starace, CEO of Enel, talks about the outlook for world energy markets.