Turkey advised people to postpone non-urgent travel to Russia on Saturday, as the tit-for-tat accusations continue after the downing of a Russian jet.» Read More
Adrian Bignell, fund manager at Invesco Perpetual, tells CNBC why those brands with strong international exposure are the ones which offer the best prospects in Europe.
Ulrich Hackenberg isn't yet a household name but if Volkswagen's $70 billion bet on his big idea pays off, he may join the likes of Henry Ford in the canon of auto industry pioneers.
French efforts to divert Europe from economic austerity have foundered twice in a week due to German resistance, underlining a growing policy divide that is hobbling the core partnership.
Spain's prime minister published his tax returns on Saturday in a bid to quell reports he and other conservative politicians received secret cash payments but the opposition said many questions remain unanswered.
Rebounding banks helped European shares recover on Friday after data pointing to a potentially stronger recovery in global growth helped drive demand for equities.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including
European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.
Tom Elliott, global strategist at JP Morgan Asset Management, tells CNBC why the EU budget deal has given enough to austerity-driven northern Europe to ease future negotiations.
As the week closes out, Spanish and Italian leaders are worried that the market may once again be turning on them. It's the worst week in a long time for both countries' bond markets as each saw their yields climb above 5 percent.
France has no plans to support ailing carmaker PSA Peugeot Citroen with a stake purchase, a source in the finance ministry said, cooling speculation of a state cash injection to help ease the company's problems.
Europe may be mired in a recession and austerity but the continent's biggest soccer clubs (football clubs to those in Europe) are continuing to look recession-proof.
He's blond, opinionated, has a flair for publicity and is a bit of a comedian. However, Finnish politician Alex Stubb has taken up a trickier task than running London.
Fears are growing that a central element of banking union will be scaled back, undermining the whole scheme.
The art market is to experience a "10- year boom" according to an expert, as investors from China and the Middle East drive demand towards unprecedented levels.
Banks will pay back 4.993 billion euros next week of the 3-year loans they took from the European Central Bank a year ago, bringing the total payback of the first 489 billion in loans to 146 billion.
CNBC's Kelly Evans reports on Friday's market moving events from Europe.
The Italian bank Monte dei Paschi di Siena and the Dutch lender SNS Reaal have one thing in common with the UK's Royal Bank of Scotland and Belgium's Fortis. They all bought a part of the Dutch bank ABN AMRO in 2007 and suffered from the capital strain and losses caused by that acquisition.
Marchel Alexandrovich, senior European economist at Jefferies International, says EU Summit is not an event that would influence Draghi who seems to be getting a bit more pessimistic about the European economy.
Lars Feld, economic advisor to German chancellor Angela Merkel, tells CNBC that he does not think the euro is overvalued.
Testing has confirmed that beef lasagna produced by food manufacturer Findus contained horsemeat, Britain's Food Standards Agency (FSA) said on Thursday.
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Chinese stocks had their worst day since August after authorities revealed more about their investigation into the summer rout that wiped billions of dollars out of its stock market.
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