What do Parisian pilots and London doctors have in common? They’re part of middle-class activism as austerity cuts Europe’s better-off more deeply.» Read More
Britain will find out later on Friday whether its economy shrank again late last year, raising the risk that it is heading for its third recession since the 2008 financial crisis.
Mario Monti, Italy's prime minister, was forced to offer to recall parliament on Thursday amid questions about his government's handling of the financial crisis at Monte dei Paschi di Siena and the role of the central bank. The Financial Times reports.
London trumped Hong Kong for the dubious accolade of world's most expensive city for office space, according to a recent survey.
Billionaire investor George Soros, provides perspective on Europe's banking crisis, U.S. debt and when he expects to see a spike in interest rates, with CNBC's Maria Bartiromo. The euro is transforming the European Union into something very different, he says.
Rates will rise dramatically as soon as there are clear signs the US economy is picking up, billionaire financier George Soros said in an interview at Davos.
The U.S. energy complex including the growth of natural-gas drilling is "a game changer" that could contribute to global economic growth and promote jobs, Dow Chemical CEO Andrew Liveris told CNBC.
CNBC's Simon Hobbs reports on today's market moving events from Europe as shares extended gains, taking direction from the S&P 500.
Work to improve the banking sector's health is still incomplete, says Jaime Caruana, general manager at the Bank for International Settlements (BIS).
Pro trader Rich Ilczyszyn looks at important technical levels for the yellow metal.
Business leaders, politicians and labor organizations warned on Thursday that urgent action needs to be taken to prevent Europe's youth from becoming a lost generation, a development which could have severe social consequences.
Anders Borg, Sweden's finance minister, warns against getting carried away with the idea that the European crisis is over.
Kris Gopalakrishnan co-chairman of Infosys, says macroeconomic prospects are better this year because there is less chance of the euro zone disintegrating, among other reasons.
German Chancellor Angela Merkel urged European nations to continue the economic reforms they have begun and argued that the debt crisis offered an opportunity for the bloc to become more competitive.
Britain's Chancellor of the Exchequer, George Osborne has defended his government's austerity program, a day after the International Monetary Fund said the U.K. government should ease up on austerity.
What can small private banks do to win back trust in their concierge financial services? In Switzerland, banks are focusing on the country's political stability, strong currency, and selling their niche appeal through lavish dinners and exclusive access.
George Osborne, Britain's finance minister, tells CNBC's Maria Bartiromo why the U.K. must stick to its deficit plan.
Banks in Spain, Italy, Ireland and Britain need to set aside much more money to cover potentially bad loans, credit ratings agency Moody's said on Thursday, meaning European taxpayers may again be tapped for cash.
Banca Monte dei Paschi di Siena, Italy's third biggest bank,revealed on Thursday it could face losses of as much as 720 million euros($956 million) on past trades in financial derivatives which new management only recently discovered.
The French government has denied reports that it's planning to scrap the controversial 75 percent tax rate on high-earners.
Finnish mobile phone maker Nokia said it was to axe its annual dividend payment for the first time in over 20 years, aiming to shore up its finances amid a fall in sales.
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Standard Chartered is reportedly gearing up for some big job cuts. Chirantan Barua, senior research analyst for UK Banks at Sanford C. Bernstein, discusses.
While the IMF’s forecast remains unchanged on Europe, they are concerned about downside risks explains Poul Thomsen, director European department at IMF.
Klaus Regling, MD of the ESM, discusses which countries could benefit from more loose monetary and fiscal policy, to support global growth.