Euro zone manufacturing growth eased last month, despite factories barely raising prices, adding to the European Central Bank's woes as it battles to spur expansion and inflation.» Read More
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.
Investors need to calm down and act rationally, Oleg Deripaska, the CEO of the world's largest aluminum company Rusal, said on Thursday.
Alexei Kudrin is widely tipped to be Russia's next prime minister. The only trouble is, he might not want the job.
The Swiss National Bank said it was far from ready to end its unconventional policy measures, on Thursday, unlike the U.S. Federal Reserve.
Even as President Bashar al-Assad of Syria is proclaiming battlefield momentum against the insurgency with the help of his Hezbollah ally, he appears to be facing a new threat: a rapidly weakening currency that has unnerved many Syrians, the NYT reports.
Despite market turmoil over the Federal Reserve's indication that it could start tapering its bond buying program, billionaire investor Alisher Usmanov told CNBC that it would play a "positive" role for markets.
Manchester United striker Wayne Rooney could be the ideal signing for Arsenal, according to Russian billionaire Alisher Usmanov, the Premier League soccer club's second-biggest shareholder.
Pressure on services and manufacturing activity in the euro zone eased more than expected in June, and while a full recovery is a long way off, analysts said the signs point to a more moderate downturn.
Once-commanding giant of the technology world Alcatel Lucent announced a fresh cost cutting program on Wednesday as new CEO Michel Combes plans to turn around the company's fortunes.
The banking watchdog said the aggregate capital shortfall at five major U.K. banks at the end of 2012 was 27.1 billion pounds, slightly higher than its 25 billion initial estimate in March this year.
Lower-ranked tennis players will be able to collect more in prize money than ever before at this year's Wimbledon tournament.
British electricity prices may be almost double those in Germany within three years due largely to the impact of a new tax aimed at supporting renewable power generation.
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European stock markets opened lower on Tuesday, as China's economy continues to disappoint investors.
Peter Oppenheimer, chief global equities strategist at Goldman Sachs, says that while the equity bull market isn't over, valuations are likely to return to more modest levels.
Bob Janjuah, senior independent client adviser at Nomura, says recent market moves show Chinese authorities aren't in control of their economy.