CNBC's Simon Hobbs reports on all the market moving events in Europe today, including all action in Greece.» Read More
The European Central Bank is not set on raising rates in September, and its recent reference to its Aug. 2 policy statement was intended to keep options open, national central bank officials have told Reuters.
France on Friday kept up the pressure on the European Central Bank to take account of global financial market turmoil and economic growth when setting interest rates, and said a September rate rise was not a done deal.
Euro zone private sector growth cooled in August as factory order growth hit its weakest since late 2005 and a credit squeeze in financial markets bruised service sector confidence, key data showed on Friday.
Coca-Cola Hellenic Bottling, the world's second-largest Coke bottler outside the United States, said Thursday that second-quarter net profit rose 17% due to favorable weather conditions.
Shareholders in Borsa Italiana voted Wednesday in favor of a change in their rules necessary for a 1.63 billioneuros ($2.19 billion) takeover by the London Stock Exchange to go ahead.
Alitalia shares fell more than 3% Wednesday, following the resignation of Chairman Berardino Libonati after less than six months with the troubled airline.
Italy cannot hold private talks to sell Alitalia, the economics minister said, as the government struggles to decide what to do with the loss-making carrier.
Italian oil and natural gas company Eni said Thursday second-quarter net profit fell 1.5 percent due to an increase in exploration costs and warm weather cutting into demand at its gas and power division.
Air France-KLM declined comment on Tuesday on the latest in a series of newspaper reports that it remains interested in bidding for Alitalia.
Italy may still find a buyer for Alitalia after its auction to sell the company failed, but the government still faces the possibility of having to liquidate the country's flagship airline, analysts and officials said Thursday.
The Italian government said Wednesday that it was pressing on with its troubled plans to privatize Alitalia, with one potential bidder still in the running, but warned it may change its plans as it continues to seek a way to secure a future for the ailing airline.
Clothing tycoon Richard Caring is in talks to buy family-owned Italian fashion house Prada in a deal worth up to 2 billion euros ($2.7 billion), London's Sunday Times reported.
European Union antitrust regulators approved the takeover of Spain's largest utility Endesa by Acciona and Italian utility Enel on Thursday.
The Italian government is studying alternatives regarding the future of the troubled airline Alitalia if the privatization of the company fails, the daily Il Sole 24 Ore said without giving a source.
Parmalat can be sued by shareholders in a suit involving its predecessor company, Parmalat Finanziaria's collapse into bankruptcy in 2003, a judge ruled.
Russian airline Aeroflot pulled out of the bidding for Alitalia on Wednesday, leaving Rome's auction of the unprofitable airline in danger of collapse with just two players left.
The London Stock Exchange is to buy its Italian counterpart for 1.6 billion euros ($2.15 billion), the two exchanges confirmed in a statement on Saturday, the latest step in a global nsolidation of exchanges.
Borsa Italiana has backed a 1.6 billion euro ($2.14 billion) takeover by the London Stock Exchange, said a person close to the situation, bringing closer a deal that could boost the LSE's own bid defenses.
Alitalia's auction risks fizzling out altogether as it enters the final stretch, leaving the Italian government with the bleak prospect of pumping more cash into the unprofitable airline to keep it flying.
French Prime Minister Francois Fillon said in an interview published Friday that decisions on the future of state-owned Gaz de France -- including whether to go ahead with its merger with Suez -- will be made "in the coming weeks."