France has a special responsibility as a euro zone heavyweight to take deficit cuts seriously, even though its budget deficit is above target, Bundesbank chief Jens Weidmann said in an interview published Sunday.» Read More
U.S. retailer Best Buy is selling its 50 percent stake in a joint venture with Europe's biggest independent mobile phone retailer Carphone Warehouse Group back to its European partner for about 500 million pounds (or $775 million).
Increasingly, people on the financially stricken island of Cyprus are focusing their anger on the European Central Bank, the NYT reports.
The Independence Party may have won the most votes, but the Progressive Party in Iceland is the real winner of the election.
With Spain in the doldrums, many Spaniards are coming to the Americas, where economic indicators point admirably upward, the GlobalPost reports.
Italy must focus on reviving its economy and it will lobby its European partners to obtain more growth-oriented policies at the EU level, new Prime Minister Enrico Letta said in his maiden speech to parliament on Monday.
Italy's new Prime Minister Enrico Letta won his first vote of confidence in parliament on Monday after promising to press for a change to the European Union's focus on austerity.
Mining group Rio Tinto plans to almost halve the size of its London head office, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year.
The troubled European car market is now dragging down even Volkswagen, the region's leading automaker. The New York Times reports.
Shoot me now: Austerity is bad for your health. Really. Is it any wonder that growth stimulus is back on the table in Europe?
There's a crisis in Italy: It's too hot in the pizzeria and the Italians have gotten out, leaving a shortage of 6,000 "pizzaiuoli," according to the Italian business group FIPE.
Novartis plied physicians with dinners, speaker fees, fishing trips and outings at Hooters restaurants to get them to prescribe patients more Novartis drugs, the US government alleges. Globalpost reports.
Talk of a rate cut usually sends a currency lower. No wonder analysts are puzzled that the euro is holding firm amid speculation that the European Central Bank will lower interest rates when it meets on Thursday.
Germany's Bayer has agreed to buy U.S. contraceptive devices maker Conceptus for $1.1 billion, aiming to underpin its position as the world's largest women's healthcare provider.
AB InBev, the world's largest brewer, cut its outlook for full-year growth in its second-biggest market, Brazil, after first-quarter earnings fell short of expectations.
Confidence in the euro zone's economy fell for a second straight month in April and by more than expected, data showed on Monday, strengthening the case for a cut in interest rates this week. Likely of most concern, the pessimism has set in even in Germany, Europe's biggest economy.
BP profits outperformed expectations by almost $1 billion in the first quarter of 2013 thanks in part to the high margin nature of new production that came on stream at the end of 2012 and a strong performance from its trading division.
Investors are staying away from commodities, fearing that the worst is yet to come after prices plunged on signs of slower world economic growth.
The $650 million agreement would also settle the fund's claims of about $2.8 billion against the bankrupt company.
Now that Fabrizio Saccomanni has "made it" to head the economy ministry, markets may expect him to be the ECB's new man in Rome.
China's reform mantra sounds like a German-style plan that looks to combine growth with discipline, says this economist.
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
The chief executive of the world's largest container shipping company Moeller-Maersk told CNBC that the company would not order any new ships this year.
Samsung has become the "undisputed king" of the Android smartphone industry, creating more profit from the software than Google, according to research.
London's Mayor accused the former government of leaving young people without the skills to challenge migrants.
London's mayor Boris Johnson's views on low taxes and free markets have drawn parallels with Margaret Thatcher.
Following an uncomfortable 15 minutes with Eddie Mair, London Mayor Boris Johnson also has an in-depth interview with CNBC's Tania Bryer next month.