Battered banks are sending Europe’s markets into meltdown. However despite the turmoil, analysts believe there are some pockets of value.» Read More
Despite contracting for the eight consecutive quarter in the second quarter of 2013, Spain's economy was signaling that it could return to growth soon, analysts said.
Spain's biggest bank Santander on Tuesday said net profit rose 29 percent in the first six months of 2013 to 2.25 billion euros ($2.98 billion).
Business confidence among European CEOs bounced to a two-year high in the second quarter, according to a new survey, with these executives now more optimistic than those in Latin America.
The beleaguered euro zone economy is set for a comeback this year, and that should drive stocks in the region higher by up to 10 percent in the coming weeks, analysts told CNBC.
The Archbishop of Canterbury's attempt to take on controversial pay-day lender Wonga exposed the Church of England to accusations of hypocrisy, but it shouldn't deter the Church.
Police are searching for a man who was wearing gloves, a cap and a scarf to mask his face while sneaking into the diamond show in a luxury Cannes hotel.
Barclays will on Tuesday launch a rights issue to raise more than £5 billion as the UK bank moves fast to come into line with British regulatory requirements on leverage.
The European Commission told Italian lender Monte dei Paschi di Siena to beef up a restructuring plan before it can be given approval for a $5.3 billion bailout.
Abercrombie & Fitch, famous for its shirtless male models, should brace itself for more discrimination challenges in Europe related to its recruitment practices, lawyers told CNBC.
Saudi billionaire Prince Alwaleed bin Talal warned that the Gulf Arab kingdom needed to reduce its reliance on crude oil and diversify its revenues.
One of the largest magazine retailers in the U.K. has ordered magazines with overt sexual imagery to cover up their front covers with "modesty bags" or risk being withdrawn from sale.
Congress is poised to increase the economic pressure on Iran and its nuclear program in a vote expected to take place late next week.
The number of investors who think a country will leave the euro zone soon has dropped by two thirds in the year since the head of the bloc's central bank promised to safeguard the currency.
Siemens CEO Peter Löscher will fight the group's plans to oust him, German daily Sueddeutsche Zeitung reported on Monday, saying the chief of the industrial group will only step down if the company's chairman also quits.
A 30-year bull run for bonds has finally come an end, according to Martin Gilbert, CEO of Aberdeen Asset Management, who told CNBC that the outflows seen in the market presents a buying opportunity.
Dutch telecom group KPN's main shareholder America Movil has ended an agreement to limit its holding to below 30 percent, a sign it may bid for the whole company.
The multi-billion dollar merger between advertising giants Publicis and Omnicom will create the world's largest ad agency but their competitors brushed off concerns about a more powerful rival on Monday.
Barclays said it would give an update on its capital plans alongside its first-half results on Tuesday, responding to weekend media reports the bank is considering selling new shares.
U.S. generic drugmaker Perrigo agreed to buy fellow drug company Elan for $8.6 billion on Monday in a deal that will hand it royalty rights from a blockbuster treatment and tax savings from being domiciled in Ireland.
The final verdict in Silvio Berlusconi's tax fraud trial, expected on Tuesday, could see the billionaire politician and media mogul banned from holding public office for five years.
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