Foreign ministers meeting in Geneva agreed "initial concrete steps" to de-escalate the situation in Ukraine, they said in a joint statement.» Read More
The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.
Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.
Poland is forecast to grow in line with crisis-mired Ireland this year, as euro zone woes hit Eastern Europe.
Jorgen Buhl Rasmussen, CEO of Carlsberg, comments on quarterly results and outlines the strategy for the rest of the year with M&As in Asia, regulatory headwinds in Russia and challenges in Europe.
Laser beams and microwave dishes are the latest weapons in an arms race to shave milliseconds off dealing times in the shadowy world of high speed financial trading.
Trains and ferries were canceled and hospital staff walked off the job in Greece on Wednesday as workers marked May Day with a strike against harsh austerity required by the country's foreign lenders.
Fistfights broke out in Venezuela's parliament on Tuesday during an angry session linked to the South American nation's bitter election dispute.
U.S. intelligence failures can be attributed to a lack of cooperation among internal U.S. agencies. An increase in cooperation with external agencies simply isn't feasible.
Malcolm Graham-Wood, senior advisor, at VSA Capital, tells CNBC that the BP stake in Rosneft gives them access to the Russian artic but they are now being dictated to by Vladimir Putin.
Deutsche Bank said it will beef up its balance sheet with a 2.8 billion euro capital increase and unveiled forecast-beating first-quarter earnings following a wave of aggressive cost cuts.
Jochen Wermuth, CIO and founding partner at Wermuth Asset Management, tells CNBC that the challenge for growth in Russia is the lack of rule of law.
Prime Minister Shinzo Abe hopes talks with President Vladimir Putin on Monday will revive efforts to end a territorial dispute that has prevented the nations signing a treaty to end World War Two.
Cyprus is not giving priority to a sale of gold reserves and is still exploring all options to meet its side of the bailout deal, Finance Minister Harris Georgiades said.
Richard Titherington, CIO of emerging markets equity at J.P. Morgan Asset Management, advises buying equities exposed to consumer demand in emerging countries such as China, Russia and Brazil.
The key question investigators want an answer to is why Tamerlan Tsarnaev traveled to Russia for six months last year, reports CNBC's Michelle Caruso-Cabrera.
Finance leaders of the G-20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard targets for reducing national debt in a sign of worries over a sluggish global recovery.
Boston remains in lockdown as the manhunt for Dzhokhar Tsarnaev continues. Andrew Arena, Detroit Crime Commission executive director, discusses what kind of cooperation the U.S. could expect from the Russians in the event there is a Chechen-connection in the Boston bombings.
Russia's inflation level remains too high and reducing it is the key priority, according to the woman set up to take charge of the country's central bank in June.
The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday.
Pius Fritschi, managing partner of hedge funds at LGT Capital Partners, says Russia's economy is fundamentally strong, but biased towards oil and energy.