Portugal's finance minister has warned that the volatility roiling financial markets is "a problem that policymakers need to take very seriously".» Read More
The Co-operative Group will hand control of its banking arm to investors including U.S. hedge funds to plug a 1.5 billion pound ($2.4 billion) capital shortfall.
Franco-American telecoms group said move designed to shore up balance sheet amid what CEO calls a last-ditch effort to save the company.
At the borders of European countries in economic crisis, customs agents say they are seizing increasing amounts of undeclared cash, the NYT reports.
Zurich Insurance said investigations found no indication that the company's former CFO who committed suicide suffered any "undue pressure."
Russian PM Dmitry Medvedev denies demands for unpaid gas bill had anything to do with Ukraine signing agreements with the European Union.
Even as the euro zone shows faint signs of stirring, the ECB is likely to send a dovish message that more monetary help will be on the way.
Only "very good" companies in France have survived the tough business climate, so shares of the ones left are in solid shape, said a global portfolio manager.
Zurich Insurance is expected to tell investors the suicide of its CFO Pierre Wauthier was not caused by undue pressure and that finances are clear.
E-commerce site has removed from its listings around 30 items of memorabilia from the Nazi Holocaust following a newspaper investigation.
Two members of far-right party were killed in a drive-by shooting in Athens, raising fears of an escalation of political violence.
The U.K. may slap a new tax on foreign property investors, according to reports from Sky News.
Andy Coulson, then editor of the News of the World, instructed a journalist working on a story about a celebrity to "do his phone".
Barclays has suspended six traders in connection with foreign exchange trading, sources with knowledge of the situation told CNBC.
JPMorgan Chase and Citigroup disclosed Friday they are under wider scrutiny by U.S. agencies for their international operations.
French soccer clubs are set to strike after President Francois Hollande said teams would have to pay the 75 percent tax.
The ECB won't find cause for concern over German banks when it carries out rigorous stress tests of European lenders, according to the president of the country's banking regulator.
The Royal Bank of Scotland has avoided being split in two and will instead hive off some $61 billion in toxic assets into an internal "bad" bank.
The union representing German journalists advised its members on Thursday to stop using Google and Yahoo because of reported snooping by U.S. and British intelligence.
The euro saw its steepest one-day decline in 16 months Thursday - a move some analysts say suggests recovery hopes could have been premature.
Anti-corruption groups are praising a new initiative by Britain to unmask the owners of shell companies, and they are calling on other countries to follow suit.
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