The explosion was believed to have been caused by a power transformer, the Reuters report said, citing Turkey's Haberturk.» Read More
Vodafone posted an as expected first-quarter 3.5 percent drop in its key organic service revenue as increasing competition in Germany and Italy wiped out improvements in India.
Analysts at Citi on Friday released a note to warn of their "neutral" rating on top-performing banking stock, offering alternative investing advice and telling investors to stay away from the "love-in".
British aviation investigators identified an emergency beacon made by Honeywell International as a likely source of last week's blaze on a Boeing Co 787 Dreamliner and called for it to be turned off, spurring a rally in Boeing shares.
As London becomes more accustomed to American quality fast-food, the Brits can't help but add a bit of class: champagne goes really well with hot dogs.
Russia's top ten billionaires are all self-made businessmen who made their fortunes in the chaotic business world that followed the collapse of the Soviet Union in 1991.
SoftBank proposed an $8.5 billion bid for Universal Music about three months ago but was turned down, according to several people familiar with the proposal. The FT reports.
Dubai has once again outdone the world in flashy extravagance by tantalizing dieters with a one-time offer: a gram of gold for every kilogram (2.2 pounds) lost over the course of a one-month challenge.
At a G20 meeting, US Treasury Secretary Jack Lew has told Europe it is time to focus on boosting growth as President Obama has done since the 2008 financial crisis.
Petros Doukas, Greece's former deputy finance minister, has said the country needs a "sizable haircut" of 40 percent on its current debts.
Finnish mobile maker Nokia shipped fewer phones than forecast in the second quarter, despite a 32 percent rise in sales of its flagship Lumia smartphone.
Dissent is growing within the ranks of Spain's ruling center-right People's Party over a corruption scandal, but there are few signs of any rebellion strong enough to topple Prime Minister Mariano Rajoy.
Germany offered Greece further aid to establish a growth fund on Thursday, but a German member of the European Parliament (MEP) told CNBC the amount was too small, and came two years too late.
Growing political tensions in a number of euro zone countries could lead to a renewed bout of instability on the continent.
A Russian judge sentenced protest leader Alexei Navalny to five years in prison on Thursday after convicting him of large-scale theft.
In the first big day of earnings in Europe there was one word on every CEO's lips: China.
Nasdaq OMX chairman Borje Ekholm warned of "bubbly valuations" in financial markets as a result of ultra-loose monetary policy from the world's largest central banks.
Publicis CEO Maurice Lévy said on Thursday that growth in U.S. ad spending and digital had helped the company's sales accelerate in the second quarter.
Greece's shaky coalition government scraped through a vote on Wednesday on a bill to sack public sector workers as thousands chanting anti-austerity slogans protested.
European banks plan to raise executive base salaries to counter regulation-driven bonus cuts, undermining the effectiveness of the planned variable pay cap in bringing down pay.
It's not every day that you catch a national leader drop the F-bomb. But Greek Prime Minister Antonis Samaras appeared to do just that when recording a TV address on sales taxes.
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Yossi Vardi, tech investor and chairman of Unbound Digital, says companies are finally realizing where innovation is coming from and must develop technology both in-house and through outsourcing.
Alex Gunz, fund manager for Heptagon Capital, discusses future trends which should deliver growth to investors.
Carlo Messina, CEO of Intesa Sanpaolo, discusses opening a private banking branch in the U.K. to serve wealthy London-based Italians.