President Vladimir Putin threatened to sack senior officials over a failure to fulfill his pledges on social spending.
Apple may have surged ahead with tablet sales, but the competition is heating up in China, where ultra-cheap tablets are giving consumers more options.
Tesco, Britain's biggest retailer, will exit its loss-making business in the United States, taking a $1.5 billion write-off.
The U.K.'s hopes of a meaningful economic recovery in the near-term were dealt another blow by the IMF which singled out the country's fiscal plan for criticism.
Spanish fishing firm Pescanova shareholders' anger mounted over accounting failings and the chairman's undeclared sale of shares in the period leading up to insolvency proceedings.
Italy has raised its debt issuance target for this year by nearly 10 percent and is hoping to tap demand from Asian investors to meet the goal, its head of debt management told Reuters on Tuesday.
Critical discussions will take place in Washington this week, notably the annual spring IMF and World Bank meeting and the meeting of G-20 finance ministers.
Italian prosecutors said they have ordered the seizure of 1.8 billion euros ($2.4 billion) of assets from Japanese bank Nomura as part of an investigation into a suspected fraud.
Consumers of high-end diamond jewelry want the real thing and are willing to pay up, even though the lab-made variety are free of the 'blood diamonds' stigma.
London staged its biggest political funeral in almost half a century as leaders gathered to say goodbye to the former prime minister.
The latest selloff in gold was right up there with the stock-market crash of 1987 as scary market events go. And if investors don't get some answers, it may continue.
The deadly Boston Marathon bombings won't "change the way we live" in the United States, said Jack Jacobs, a retired U.S. Army colonel who received the Medal of Honor. "We haven't had attacks like they have in Europe."
In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
The German state of Rhineland-Palatinate said on Tuesday it had bought a CD containing data on secret bank accounts which could yield half a billion euros in tax revenues, triggering police raids across the country.
The governor of Cyprus's central bank failed to regulate its banking system effectively, the island's president Nicos Anastasiades told ECB chief Mario Draghi.
Malta's banking sector is seven-times the size of its economy and proportionally bigger than that of Cyprus, but Fitch Ratings said although it is less at risk in the short-term, it could still fall foul of EU leaders' crackdown on outsized and offshore bank sectors.
The firm, which last week astutely recommended shorting gold, says a huge shift has just happened in the commodity market.
The International Monetary Fund has urged advanced economies to use "all prudent measures" to boost sluggish demand, including monetary policy, even as it trimmed 2013 growth forecasts for the global economy to 3.25 percent.
At least five people were killed and hundreds of houses destroyed in Pakistan on Tuesday when the region was struck by tremors from an earthquake centered in neighboring Iran.
The paradox of the low rate environment is that after a time it actually holds back economic activity.
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.
A Promo video for CNBC Meets HRH The Duke of York
CNBC Meets' Tania Bryer speaks to HRH The Duke of York, second son of reigning monarch Queen Elizabeth II and the Duke of Edinburgh.
In part two, HRH The Duke of York, Prince Andrew talks about his latest charitable projects, public duties and how he addresses his mother, The Queen.