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
German imports and exports rose in March after falling the previous month in a further sign that Europe's largest economy is pulling away from a contraction at the end of 2012.
Karen Tso takes you through the European market open, where stocks are in slightly higher.
Italian insurer Assicurazioni Generali reported first quarter earnings that beat expectations on Friday, results which the group's chief executive called "solid" as restructuring starts to pay off.
Britain's telecoms company BT raised its core earnings and cash flow outlook on Friday after cost cuts and strong demand for its broadband.
Italy's economy minister said he did not believe additional tax hikes and spending cuts would be necessary in 2013.
Boris Johnson the Mayor of London, tells CNBC that it would be "totally mad" for Europe to react to its poor economy by going after "bankers in Britain".
Peter Griffin, Head of Global Risk Assessment and Sovereign Fixed Income at Global Interest Rates Limited says the lower yields seen in Europe come on the back of Japanese buying.
Pankaj Ghemawat, Anselmo Rubiralta Professor of Global Strategy at IESE Business School says there are few sources of global growth and thus markets are cheering Japan's stimulus in hope that the country will come out of 2 decades of stagnation. He also discusses the growth outlook for Asia including China and India.
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors expects money to flow into the troubled countries in Europe pushing yields down further.
Large-scale IPOs have hit record levels year-to-date, as new emerging countries enter the market and investors hunt for higher returns.
Bond investors can rest easy as there are few signs of debt markets overheating, according to a report by Moody's Investors Service.
Jack Lew, U.S. Treasury secretary, says Europe needs to find the right balance between austerity and growth and fix its credit market issues to boost its economy.
CNBC's Simon Hobbs reports European stocks were flat on Thursday, as investors react to the the Bank of England's decision to keep monetary policy unchanged.
European shares closed mixed on Thursday after better-than-expected jobs data from the U.S.
Richard Ward, CEO of Lloyd's, highlights that the European Union is very important to the U.K's financial sector but that some of its planned regulations could hurt.
The only company to have fracked for shale gas in the UK, Cuardilla Resources, is set to begin exploratory drilling for oil 31 miles (50 km) south of London.
Hans Redeker, global head of foreign exchange strategy at Morgan Stanley, said the U.K. economic environment points to a weaker British pound, despite stronger-than-expected economic data.
South Africa's Minister of Finance, Pravin Gordhan, has accused the UK of trying to "pass the buck entirely onto the South African side" following the fallout from the UK government's withdrawal of aid.
Asian stocks fell on worries over rising inflationary pressure in China, reports CNBC's Eunice Yoon.
The world of tabloid journalism, London-style, will be showcased in a new television series executive-produced by CNN host Piers Morgan, who is also a former editor of two of Britain's popular newspapers.
Get the best of CNBC in your inbox
Seamus Smith, CEO of SagePay, says he anticipates a record level of trade during the Black Friday to Cyber Monday period.
Kit Juckes, global head of foreign exchange strategy at Societe Generale, discusses the possibility of euro/dollar parity and the impact of ECB policies on forex markets.
Jon Ziglar, CEO of Parkmobile, talks about how his company's app makes it easier for car owners to park their vehicle.