Russia has turned on its former ally and trade partner Turkey following the downing of a Russian warplane in disputed circumstances on Tuesday.» Read More
The euro has gained more than 4 percent against the U.S. dollar since mid-May, but forex analysts tell CNBC that the single currency is headed lower.
Amid a sea of gloomy economic data and rising tensions, the next few months could prove decisive for whether the euro zone economy sinks or swims.
A deeper-than-expected recession is hurting Italy's public finances but it can still keep the budget deficit below 3 percent of output without more fiscal tightening.
Activists plan a show of "civil disobedience" in London's Canary Wharf on Friday to protest against capitalism.
Germany is seeking to delay EU membership talks with Turkey scheduled for this month, in response to PM Erdogan's actions. The Financial Times reports.
Washington's PRISM spy scandal dents Barack Obama's image ahead of his Europe trip. The GlobalPost reports.
President Barack Obama has authorized sending weapons to Syrian rebels for the first time, after the White House said it has proof the Syrian government had used chemical weapons.
Iran votes on Friday in a presidential election unlikely to result in seismic shifts in its troubled relations with the West and Gulf Arab neighbors.
Hopes of a deal to boost the world economy at next week's G-8 summit were at risk on Thursday, as France and Canada resisted a push for a trade and tax package. The FT reports.
Turkish Prime Minister Tayyip Erdogan said on Thursday his patience had run out after almost two weeks of anti-government protests and gave a final warning to those occupying a central Istanbul park to leave.
Czech authorities on Thursday said investigators were raiding national government offices in connection with a criminal investigation, but declined to provide further details.
Following Stephen Hester's shock departure from the RBS, bookmaker Ladbrokes has published odds on who could be the part-nationalized bank's new chief executive.
Greece's jobless rate rose to 27.4 percent in the first quarter of 2013 from 26 percent in the previous three-month period as economic activity slumped.
Buses and subway trains stopped running in Athens on Thursday as Greek workers began to stage a nationwide strike in protest against the "sudden death" of state broadcaster ERT.
Chairman of Royal Bank of Scotland, Sir Philip Hampton said CEO Stephen Hester's departure was not a result of a falling out with finance minister George Osborne, but time for him to move on as he had not so many "years ahead of him".
Stephen Hester's departure as the CEO of U.K.-taxpayer owned Royal Bank of Scotland surprised London's financial sector.
Google has aggressively avoided paying corporate tax in Britain, a U.K. parliamentary committee said in a damning report on Thursday.
Barcelona's Argentina forward Lionel Messi and his father denied wrongdoing on Wednesday after the Spanish tax authorities accused them of defrauding the state of more than four million euros ($5.3 million).
The ECB has hit back at suggestions that its mandate should be up for discussion. The Financial Times reports.
A strike by air traffic controllers forced cancellations of more than 60 percent of flights around France and disrupted travel elsewhere in Europe.
Get the best of CNBC in your inbox
Derek Halpenny, European Head of Global Currency Research, Bank of Tokyo-Mitsubishi UFJ Ltd, discusses how the euro could be affected by next week's ECB meeting.
George Osborne, U.K. finance minister, says the 5 percent tax on women's sanitary products will be given to charities helping women.
A new space race is brewing between Jeff Bezos and Elon Musk. Who has struck the first punch?