Equity markets around the world were met with extreme bearish sentiment on Monday, as global growth worries and the tactics of central banks came under renewed scrutiny.» Read More
With the pound trading near nine-month highs against a basket of other currencies, some strategists have been left with egg on their faces.
The two-week political stalemate in Washington might be dominating the headlines, but across the Atlantic, euro zone ministers have been debating a key piece of policy for months.
U.K. billionaire Richard Branson mounted a swift online defence of his decision to move to his private Caribbean island retreat.
The U.K. and China can give each other an economic leg up, Britain's Chancellor of the Exchequer George Osborne indicated on a China trade mission.
Chancellor Angela Merkel is likely to pick a new coalition partner this week before moving on to detailed negotiations that could produce a new German government within about two months.
Ireland's government is preparing to soften its line on austerity in its budget, despite warnings that it should stick to its targets.
Concerns that a new government program is helping fuel a dangerous rise in prices is "misguided", according to an economic forecasting group.
Euro zone countries will consider on Monday how to pay for the repair of their broken banks.
Ireland will become the first euro zone country to exit an international bailout in mid-December.
Berlusconi has formally asked to do a year of community service rather than be jailed or put under house arrest after his conviction for tax fraud.
A British court will this week consider whether attempted manipulation of the benchmark interest rate Libor can invalidate loans and other deals.
The dollar's role as the world's leading reserve currency is at risk due to the political impasse in the U.S., a European Central Bank official said.
Hundreds of employees from some of Britain's biggest contractors are temporarily out of work, as a result of the U.S. political stalemate that has led to a partial shutdown of the country's government.
Hedge funds and sovereign wealth funds take the lion's share in the Royal Mail privatization as shares soar in conditional trading.
The European Union needs to change its policies toward energy subsidies, regulations and emissions targets, the chief executives of Europe's leading energy companies told CNBC on Friday.
Sterling may be near nine-month highs against a basket of currencies but for some forex strategists, time is running out for the pound's rally.
Shoppers across Britain are anxious to see if their Asda grocery deliveries will arrive, after cashing in £50 ($80) vouchers accidentally issued by the supermarket.
As Hollywood stars hit the red carpet in London for the capital's annual film festival, one British filmmaker told CNBC the film industry was undergoing a transformation that will allow it to survive.
The Chairman and CEO of Spanish energy company Iberdrola has criticized U.K. opposition leader Ed Miliband for threatening to freeze energy bills for consumers.
Alitalia, the Italian national airline that has made a profit only a few times in its 67-year history, once again risks collapsing as the government scrambles to find investors willing to rescue its problem child.
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