Italy's borrowing costs rose slightly at the first auction for long-term debt to be settled in 2013 as thin trading and worries over the U.S. budget weighed on peripheral bonds.
For Ian Barlow, Britain's tax authority has gone from being fearsome to being really rather nice.
Shoppers in euro zone nations battered by years of recession and crisis are on the hunt for bargains, delaying their purchases until the last minute, or simply not buying at all as post-Christmas sales get underway.
Chinese stocks have gained more than 11 percent in December after languishing in negative territory for most of 2012, prompting analysts to say 2013 could finally be the year for Chinese stocks to break out of the doldrums.
Olam International, which has been battling short-seller Muddy Waters, said on Friday that Singapore state investor Temasek Holdings had raised its stake in the commodities firm to 19 percent from 18 percent.
Thursday won the dismissal of a New York lawsuit by 26 hedge funds that accused the German automaker of causing more than $1 billion of losses by cornering the market in Volkswagen AG shares.
British Prime Minister David Cameron's attempts to win back powers from the European Union could damage the 27-nation bloc and its single market, European Council President Herman Van Rompuy said in an interview published on Thursday.
Hewlett-Packard said the Justice Department has notified the firm that it has opened an investigation into Autonomy.
The worst of the euro zone sovereign debt crisis is over, German Finance Minister Wolfgang Schaeuble said in an interview to be published on Friday.
Italy sold all the bills and bonds it aimed to at an auction on Thursday, a few days after outgoing Prime Minister Mario Monti announced he may join the election race to lead a reform-minded centrist alliance.
The European Central Bank will steadfastly enforce conditions attached to sovereign bond purchases under its program to help euro zone states cut borrowing costs, ECB Governing Council member Luc Coene said.
Big companies in Britain now pay less tax than they did 12 years ago despite a big jump in profitability. Tax campaigners say the trend is the clearest signal yet that tax avoidance has blossomed under a more business-friendly strategy at the UK tax authority Her Majesty's Revenue and Customs.
European regulations are stifling innovation within the telecom industry and preventing its growth, Ben Verwaayen, CEO of Paris-based telecom equipment maker Alcatel-Lucent has told CNBC.
Steinway Musical Instruments, the famous manufacturer of pianos, saxophones and trumpets, said on Wednesday it had decided not to sell itself following a 17-month-long exploration of strategic alternatives.
Peter Chatwell of Credit Agricole and Roger Nightingale of RDN Associates debate the lessons from Japan for monetary and fiscal policy in the U.S. and Europe.
As Christmas overeating gives way to under-fulfilled new year diets, the pharmaceutical industry's appetite has been whetted for a fresh surge in business.
Roger Nightingale, Economist at RDN Associates argues the "fiscal cliff" doesn't matter and the U.S. economy will head into recession, irrespective of what Congress and the White House do.
Shareholders in Spain's nationalized lender Bankia face high losses after the country's bank rescue fund disclosed on Wednesday the bank has a negative valuation of 4.2 billion euros.
They may not be sexy or exciting to drive, but a new study by Consumer Reports says hybrids offer the best value for those buying a new vehicle.
Annual growth of China's industrial profits quickened to 22.8 percent in November from October's 20.5 percent, official data showed on Thursday, reinforcing signs of a steady economic recovery thanks to pro-growth policies.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Tania Bryer speaks to fashion designer Diane von Furstenberg about her extraordinary life.
In Part Two, designer Diane von Furstenberg talks to Tania Bryant about starting again in the fashion business.
Designer Diane von Furstenberg said the launch of her iconic "wrap dress" design gave her a financial security she had never had before.