Fears that demand for luxury goods in China is slowing as growth in the country weakens are mere exaggeration and paranoia.
European Central Bank President Mario Draghi called on euro zone governments to implement structural reforms on Thursday, warning that the economy should stabilize later in 2013 but that downside risks to growth remained.
An Italian court sentenced Silvio Berlusconi on Thursday to one year in jail over the publication by his newspaper of a transcript of a leaked wiretap.
Prime Minister David Cameron said on Thursday that the Bank of England had to play its part in getting Britain's economy growing and said the government must curb spending and borrowing.
Despite objections, the U.S. is heading down the road to export natural gas, and that could ultimately help shake up world energy markets.
Trading of shares in Banca Monte dei Paschi di Siena has been suspended mid-day Thursday. The stock price rose 7.4 percent, after initially declining on news its head of communications had been found dead.
The Bank of England kept its benchmark interest rate unchanged at 0.5 percent and kept the size of its asset purchase program at 375 billion pounds on Thursday.
Aviva, Britain's second-biggest insurer, cut its dividend by over a quarter to provide extra funds for a turnaround strategy aimed at bolstering capital and profit. The company's shares plunged 12 percent on the news and the stock was the worst performer on the FTSEurofirst 300.
France's jobless rate rose further in the last three months of 2012 to its highest since the second quarter of 1999, showing the challenge the government faces as it seeks to make good on a goal to reverse the upward trend by the end of the year.
Corporate buybacks have surpassed the $1 trillion mark for the first time since 2009, a sign the credit boom is reaching new heights, according to one chief market strategist.
Italy's Monte dei Paschi di Siena is seeking damages of at least 1.2 billion euros ($1.56 billion) from two former executives and investment banks Nomura and Deutsche Bank over derivative trades, a judicial source with direct knowledge of the matter told Reuters.
Carrefour, Europe's biggest retailer, said it would boost capital spending this year to revive its struggling hypermarkets after 2012 profits fell 2.6 percent, depressed by falling demand in recession-hit Spain and Italy.
European officials, emboldened by a victory over banker bonuses, will propose legislation this year giving shareholders voting rights to challenge executive pay.
We don't need regulation on executive compensation to demonstrate responsibility, Rich Ricci, the chief executive of corporate and investment banking at Barclays told CNBC on Thursday.
At the IHS CERAWeek Conference in Houston on Wednesday, CNBC spoke to BP CEO Bob Dudley about the persistent cyber threats that companies like his receive.
Marriott International and the property division of IKEA Group will debut chic, tech-friendly Moxy Hotels in Europe beginning in 2014 - furniture assembly not required.
Three former Greek ministers were charged for failing to declare the source of their income, amid anger at politicians widely seen as corrupt.
Newly discovered oil off the Lebanese coast has foreign militaries playing 'Battle Ship,' as they beef up their naval presence in the area.
We've put together a list of 2012's most expensive property markets, based on research by luxury estate agent Knight Frank, ranking areas by both average property prices for the year, and price per square foot in the fourth quarter.
"Will the Fed be able to pass the baton to the economy and will the economy be able to run with it?"
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
CNBC Meets hosted a special event in New York, speaking to a panel of celebrities and business leaders including Richard Branson and Ashley Judd on their philanthropic goals and aspirations.
Dolly Parton has formally opened the doors of the latest addition to her growing Dollywood theme park empire, the "DreamMore" resort.
Tania Bryer speaks to fashion designer Diane von Furstenberg about her extraordinary life.