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Chancellor Angela Merkel put her cards on the table on Monday, maintaining her tough stance on austerity for debt-ridden euro zone nations in an election manifesto that could be at the center of EU policy for the next five years.
Low-interest rates and extra liquidity from central banks now needs to end to ensure a return to growth, a new report by the Bank for International Settlements (BIS) said.
Outspoken French Industry Minister Arnaud Montebourg accused European Commission President Jose Manuel Barroso on Sunday of fueling far-right groups across Europe.
Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros ($10 billion), betting on TV and fixed-line services in its biggest deal since 2007.
The G-8 failed to tackle growth-stifling trade imbalances in the world economy, with the U.S. unable to push surplus countries to boost domestic demand, writes Michael Ivanovitch.
South Africans appeared resigned on Monday to the inevitability of one day saying goodbye to former president Nelson Mandela after his condition in hospital deteriorated to critical.
A Milan court will decide on Monday whether Silvio Berlusconi paid for sex with an underage prostitute and abused his powers to cover it up.
housands of workers and unemployed people marched in Rome on Saturday to protest against record unemployment and call on Enrico Letta's two-month-old government to deliver more than empty rhetoric on the issue.
Europe failed to agree on how to share the cost of bank collapses on Saturday, as Germany resisted attempts by France to water down rules designed to spare taxpayers in future crises.
As Russia's stock market tanks to a 12-month low, business leaders are divided on why the market sold off.
The U.S. government was wrong to purchase foreign aircrafts for its operations in Afghanistan, the CEO of Beechcraft told CNBC this week.
Mediobanca, under pressure to improve returns for shareholders, plans to sell almost all of its stakes in major companies, ending half a century of influence at the heart of Italian business to focus on banking.
Russia doesn't have a magic wand to create growth but a multi-billion dollar investment program could help revive economic growth, Russian President Vladimir Putin said on Friday.
Relaxed legislation and booming profits are just two reasons why Russia's biggest mobile service provider will not bother expanding into other countries, the firm's chief executive said.
German Chancellor Angela Merkel said that austerity must continue in the euro zone to regain the trust of international investors.
Greece is facing another political crisis and a risk of a suspension of the IMF's bailout money.
A majority of lawmakers from Greece's Democratic Left party, a junior partner in the ruling coalition, are in favour of withdrawing from the government, a party official told reporters on Friday.
An investigation into the tax affairs of Cadbury's – known for its philanthropic ethos – has uncovered tax avoidance schemes former senior executives admit were “highly aggressive”, the FT reports.
Talk of a suspension of bailout money to struggling euro zone country Greece is "premature", according to a senior International Monetary Fund (IMF) official.
The European Union will seek on Friday to forge rules to force losses on large savers when banks fail, a sensitive reform that could shape how the euro zone deals with its sickly banks.
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The Chinese city of Beijing has been chosen to host the 2022 Winter Olympics.
Alexander Branis, director at Prosperity Capital Management, discusses the Russia central bank cutting rates and how this might help the economy.
Todd Horwitz, author & founder at Averagejoeoptions.com, explains why oil prices will stabilize and why it's a good investment opportunity.