James Crosby, former boss of failed British bank HBOS, offered on Tuesday to give up his knighthood and nearly a third of his pension after being denounced by lawmakers for the "colossal failure" that led to his bank's collapse.
China saw export growth of 10 percent year on year in March while exports to the U.S. and Europe, its two biggest markets, continued to slump, which is making analysts question the reliability of the data.
Malian authorities will give French President Hollande another camel after the one they gave him in thanks for helping repel Islamist rebels was eaten.
Germans are one of the poorest groups in Europe, according to the surprising findings of a joint survey by various divisions within the European Central Bank.
Demand for 500 euro bills as a store of value has started to decline, according to a currency strategist, who told CNBC that the note is used extensively for criminal activity and should be abolished.
The effort by U.S. Treasury secretary Lew to persuade Europe to consider shifting its focus from budget balance to growth highlighted a deep trans-Atlantic policy gulf, the NYT reports.
Billionaire investor George Soros is the latest person to criticize Germany's role in the euro zone crisis, telling the country that it should consider leaving the euro zone.
Repeated threats of aggression from North Korea have created little panic in markets, but some experts warn that a big risk could be Pyongyang not knowing it's crossed the line.
Italian center-left leader Bersani met his center-right rival Berlusconi to discuss the election for the next president, offering hope of a breakthrough in the deadlock.
After Portugal's rejection of the cost-cutting measures on which its bailout package depends, Invesco Perpetual's chief economist has added his voice to the anti-austerity camp, warning it could lead to "almost endless depression".
Austria and Luxembourg are preparing to ease longstanding bank secrecy rules, allowing other EU member states access to their depositors' account details amid mounting pressure to crack down on tax evasion. The FT reports.
China recorded a small trade deficit of $884 million in March as imports surged way ahead of market expectations, growing 14.1 percent year on year, while annual export growth of 10.0 percent were largely in line with forecasts.
The global ratings agency cut China's long-term local currency credit rating to A-plus from AA-minus on Tuesday with a stable outlook, citing financial risks from rapid credit expansion alongside the rise of shadow banking activity.
British banks could pay up to a quarter more to be supervised as two new watchdogs adopt more intrusive regulation and impose higher fines which will be paid into the coffers of cash-strapped government.
The digital currency bitcoin continued its surge on Tuesday crossing $200, more than doubling in value in just over one week.
U.K. stocks performed better during Margaret Thatcher's tenure compared to any other period of time over the last 50 years.
Greek consumer prices entered deflationary territory for the first time in 45 years, data showed on Tuesday.
Slovenia is heading toward a severe banking crisis and a deep recession despite recent reforms, according to the OECD.
Swedish telecom equipment maker Ericsson struck a deal on Monday to buy Microsoft's Mediaroom IPTV business, which makes software used by phone companies to deliver television over the Internet.
A "crescent of chaos" emerging from the Middle East and North Africa (MENA) region and tensions with Iran could lead to a dramatic turnaround in the price of oil, according to Nomura's analysis.