The explosion was believed to have been caused by a power transformer, the Reuters report said, citing Turkey's Haberturk.» Read More
China is barring a GlaxoSmithKline executive from leaving the country amid a widening $490 bribery scandal ensaring the drug giant.
Wednesday may have been a big day for the U.S. Federal Reserve, but it was the Bank of England that turned heads on the other side of the Atlantic.
Italy is heading for an even more severe economic downturn than previously forecast, and will contract by 1.9 percent this year, the country's central bank said on Wednesday.
More than half of the office space in London's new "Walkie Talkie" skyscraper has been pre-let, the building's developer said on Wednesday.
Interns working for some of Europe's top institutions and non-governmental organizations in Brussels are set to protest working conditions on Wednesday.
The latest report from the U.K.'s Office of Budgetary Responsibility (OBR) showed that despite the "austerity rhetoric", the government is nowhere near its deficit reduction targets.
Formula One Chief Executive Bernie Ecclestone has been indicted in Germany in a case relating to the sale of a stake in the motor racing business eight years ago.
Barclays will contest a record $453 million fine imposed by a U.S. energy regulator against the British bank and four of its power traders, setting up a likely federal court battle.
The Bank of England's monetary policy committee voted unanimously against increasing its bond-buying program this month, minutes of new governor Mark Carney's first meeting revealed on Wednesday.
The number of Britons claiming unemployment benefit fell for an eighth consecutive month in June and at its fastest rate for three years.
EU Justice Commissioner Viviane Reding has called for the "troika" of the European Commission, the European Central Bank and the International Monetary Fund to be dissolved.
Greece needs another 10 billion euros ($13.1 billion) by September to plug a funding gap which could threaten the disbursement of further aid, Sueddeutsche Zeitung cited a senior official from the European Commission as saying Wednesday.
The trial of the captain of the Costa Concordia cruise ship, which capsized off Italy's coast last year killing 32 people, resumes on Wednesday after a lawyers' strike delayed it.
Question arises as to which currencies, between the euro or the pound, would push down more due to the new forward guidance that the BoE and ECB initiated.
The EU may deliver a blow to credit-card companies if a proposal to cap lucrative credit-card transaction fees is approved.
With BoE governor Mark Carney set to discuss who should grace the £10 note today, CNBC has compiled a list of notable female candidates who may just be worthy of monetary status.
A prize of 100,000 euros ($130,000) will be given to the best plan for the U.K. to leave the European Union, a free market think tank announced on Tuesday.
Seven people were killed and more than 260 wounded when Islamist supporters of Mohamed Morsi fought opponents of the deposed Egyptian president and security forces.
France socialist president, Francois Hollande, was applauded on Monday after auditors found his government saved taxpayers nearly 6 million euros ($7.8 million) in 2012.
A report from a leading international economic body boosts hopes that unemployment across the world's advanced economies may fall next year despite further rises in a number of European countries.
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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.