European shares closed higher on Thursday, rebounding after several days of losses, as upbeat data from Europe and China offset negative sentiment in global markets on Fed "tapering" fears
French soccer club PSG saw sales of its official replica shirts soar by over 60 percent in the 2012-2013 season, a feat largely attributable to David Beckham.
Societe Generale joined a growing chorus of banks growing increasingly bullish on European equities at the expense of U.S, Japanese and emerging market stocks, and forecast a net $100 billion could soon flow back into the struggling continent.
The global economy showed signs of improvement on Thursday with factory output improving in two of the world's largest economies.
"My concern about the second half is that the economy isn't building the kind of momentum that everybody thought," Wien said.
European shares closed down on Wednesday, as investors looked ahead to the release of minutes from the Federal Reserve's July policy meeting.
A senior Chinese official put pressure on around 30 foreign firms to confess to any antitrust violations and warned them against using external lawyers to fight accusations from regulators, sources said.
France is under pressure from Brussels and its euro zone neighbors to deliver budget and pension system reforms, in the nation's latest test to show it can become more competitive.
The widespread culture of long working hours for banking interns has been criticized after the death of a 21-year-old intern last week, with groups calling for changes to guidelines and working practices.
Denmark's Vestas has dismissed Chief Executive Ditlev Engel, who has come under increasing pressure after several profit warnings bruised investor confidence in the company.
Large firms in Europe are losing over 130,000 jobs each year in IT, finance and other areas, as jobs are increasingly offshored to cheaper locations, according to new report.
European shares closed broadly lower on Tuesday amid continuing concerns over a potential reduction in asset buying by the U.S. central bank.
Chancellor Angela Merkel was expected to warn Europeans about the dangers of right-wing extremism Tuesday as she visited the former Nazi concentration camp at Dachau - but drew criticism for doing so during an election campaign.
Germany's finance minister admitted that Greece would need a third aid package, as a source in Athens said the sums involved in any new deal would be smaller than previous rescues.
Turkey's central bank raised its overnight lending rate by 50 basis points in a bid to prevent a slide in the lira as worries about a U.S. stimulus reduction hit emerging markets' currencies.
Male managers earn bonuses twice as big as their female counterparts, on top of an existing gender gap in fixed salaries, a new survey reveals.
The huge success of drilling for shale gas via "fracking" in the U.S. has led to claims that a new industrial era is dawning. But in Europe, with different planning laws, population density and limited infrastructure, the technology is causing growing controversy.
Germany's priority should be to tackle domestic competitiveness, Philipp Roesler, the economy minister and the leader of Germany's Free Democratic Party told CNBC.
A U.S. appeals court said investors may revive a lawsuit accusing Britain's Barclays of misleading them in a 2008 stock offering about its subprime mortgage exposure and credit risk management.