Paper and packaging firm Mondi, online betting company Paddy Power, U.S tax preparer H&R Block and Cisco, the world's biggest maker of computer-networking equipment represent good investment opportunities with plenty of potential, Alex Gunz, fund manager at Heptagon Capital told CNBC.
Greek officials vehemently refuted weekend reports that the country will fail to qualify for further international aide until the country closes a 20 billion euro budget gap.
The euro zone’s latest bailout fund hasn’t even come into existence yet, and there are already high-level discussions about whether it can be leveraged to more than $2.6 trillion - more than five times its planned lending capacity.
Euro zone leaders have been trying to keep the currency union intact, but some—including a high school teacher from Bavaria—say a better solution lies in local currencies, an idea that is now being pitched to Greek politicians.
Preaching austerity is easy, but the European Central Bank (ECB) has found that it can be difficult to put the virtue in the practice.
Euro zone leaders may feel like they are amid the throes of the longest hangover ever as the region struggles with an addiction to debt and finds it hard to sober up. But never fear! CNBC is on hand to help with its Twelve Steps guide to put the euro zone back on the path to recovery.
It may be the age of austerity for many in Britain. For a former doctor, Geoffrey Lipman, it is anything but. Dr. Geoffrey Lipman, who is retired, gets about $78,000 a year in his government pension.
James Murdoch is being lined up to take direct responsibility for News Corp’s U.S. television businesses, even as his record in the UK was attacked by media regulator Ofcom, the FT reports.
Prime Minister Mario Monti may have saved Italy from ruinous default, but the growth potential of Europe's most sluggish economy is as weak as ever.
Nomura is making wide-ranging cuts in its European investment banking division, according to sources.
Job-description messages in the "Mission: Impossible" movies self-destruct in five seconds. In the British banking world, the latest was printed in the employment pages for everyone to see.
As any horror film buff knows, zombies are difficult to kill. And the zombie companies which are increasingly causing concern in the U.K. are also going to be tricky to get rid of.
Upgrading their docks and beefing up luxury harbor services, London's marinas are seeking to capitalize on the games, which demonstrated that the city is a viable super-yacht venue.
The euro zone crisis has distracted attention from the “dire strait” of the U.K. economy and the country is set to lose its AAA credit rating, according to Strategy Economics.
Former U.S. Treasury Secretary, Larry Summers has argued the U.K. faces a lost decade like Japan unless the government changes its economic policies, but economists and experts have told CNBC that the reasons Summers cites are wrong.
European share prices remain undervalued, even after the sharp rally of the past few weeks, according to a leading London-based analyst.
The Great Recession of 2008/09 delivered the worst blow to the global economy since the 1930s. But in a few nations, 2012 is turning out to be worse than 2009 in terms of economic growth. The Christian Science Monitor reports.
Beleaguered countries like Spain have been counting on a quick and neat way to fix their banks without taking on more crippling debt. The New York Times reports.
Click to see some of the fallout from this clash between the West’s cherished freedom of expression and the Muslim world’s insistence on respect for its traditions.
Former European Central Bank President Jean-Claude Trichet told CNBC he believes the new euro bond-buying program will work, as long as “governments, individually and collectively, deliver.”