The U.K. will put "security first," the finance minister said. Plus, he scrapped plans to cut welfare payments to low-paid workers.» Read More
Hammered by their role in the 2008 crisis and the rigging of the LIBOR, the global banking sector looks set to take another battering.
The European Central Bank will provide more liquidity to avoid a "cliff" effect once long-term refinancing operations (LTROs) – the bank's cheap loans to euro zone banks - come to an end, Governing Council member Ewald Nowotny told CNBC.
BNP Paribas third-quarter net profit beat forecasts on Thursday, up 2.4 percent from the same period a year earlier.
Alcatel-Lucent, the French telecoms giant, just needs “a few additional quarters to really turnaround,” its chief executive told CNBC as it announced reduced losses in the third quarter.
Profits miss forecasts as a weak refining environment and production losses due to disruption in Nigeria weighed on its performance.
Prosecution reveals three ex-members of News International staff have pleaded guilty to phone-hacking as trial gets underway
The United States reprimanded Germany, saying its exporting prowess was hampering economic stability in Europe and hurting the global economy.
Irish Prime Minister Enda Kenny said Ireland's attractive tax regime was "one element" behind tech giants like Google and Facebook locating there.
Like the Tea Party in the U.S. and the U.K. Independence Party in Britain, France's National Front is giving the country's government a massive right-wing headache.
Spain's economy emerged from a two-year recession in the third quarter, according to preliminary data released on Wednesday, signalling that the country's economy is finally in recovery mode.
Barclays on Wednesday reported a 26 percent drop in third-quarter net profit to £1.385 billion ($2.22 billion) as earnings at its investment banking arm dropped sharply.
French drugmaker Sanofi warned on its 2013 profit again as it reported lower-than-expected quarterly results.
From the Baltic to the Black Sea, a chocolate wall has descended across the continent of Europe. The NYT reports.
There is no reason for the European Central Bank to intervene and weaken the euro's exchange rate, which is weighing on some euro zone economies.
CEO hails an "important" nine months for the the U.K. retail lender as third-quarter underlying pretax profit hits of £1.5 billion.
The chief executive of Peugeot Brand told CNBC that the struggling car marker was not in fundraising talks with Dongfeng Motor Group.
Interest – and controversy – has been growing in Spain over some of the biggest untapped gold deposits in western Europe, the FT reports.
The euro zone will continue to have problems for many years to come, says JPMorgan's chief executive Jamie Dimon.
The U.K. video game market grew for the first time in five years as titles such as Grand Theft Auto V boosted sales.
Britain is set to become the first non-Muslim country to issue an Islamic bond, under plans unveiled by Prime Minister David Cameron on Tuesday.
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David Owen, chief European financial economist at Jefferies, comments on U.K. finance minister George Osborne's budget statement, including the backtrack on cuts to tax credits, and says the U.K. economy is growing robustly.