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A French court has eased the pressure on Christine Lagarde, head of the IMF, by stopping short of making her an official suspect for her role in a €400 m pay-off to a supporter of former president Nicolas Sarkozy. The FT reports.
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The chief executive of upmarket notebook maker Moleskine told CNBC that the company was robust enough to withstand political instability in Italy and the digital age as it launched its initial public offering (IPO) on Wednesday.
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From Wednesday there are a number of welfare changes coming into effect that will have significant impact on large parts of UK society. Is it time to adapt and accept these changes?
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Zynga will take the plunge into real-money gambling and begin offering poker and casino-style games in Britain in partnership with Bwin.party Digital Entertainment.
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Queen Elizabeth II has received a 5 million-pound ($7.6 million) boost in annual funds the British monarch receives from taxpayers to carry out official duties.
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BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments.
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Nationalists in Kyrgyzstan are threatening to return to the streets to topple another government unless it expropriates the Kumtor goldmine, a treasure they say was sold off too cheaply to foreigners.
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Events like those in Cyprus will happen in more countries all over the world, said Marc Faber, contrarian investor and publisher of the Gloom, Boom & Doom Report.
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Italy's center-left leader Pier Luigi Bersani said on Tuesday his bid to form a government after last month's deadlocked election was over, after his failure to gather enough support.
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Cyprus's finance minister resigned on Tuesday after concluding a 10 billion euro bailout deal with international lenders in which the country slashed its dominant banking sector and hit depositors with losses.
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Verizon Communications Inc said it does not "currently have any intention" to merge with or buy its partner Vodafone Group, either alone or in conjunction with others, in response to press reports.
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Pope Francis, who has said he wants the Catholic Church to be a model of austerity and honesty, could restructure or even close the Vatican's scandal-ridden bank, Vatican sources say.
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An increase in the issuance of high-yielding bonds alongside leverage to purchase this debt has sparked renewed fears of a bubble in the credit markets, with one bank warning investors of the threats involved.
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Cyprus plans to lift a ban on casinos and offer firms tax exemptions on profits reinvested on the island under a package of reforms to kickstart its ailing economy, its president said on Monday.
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The euro zone jobless rate was stable at 12.0 percent in February, the European Union statistics office Eurostat said on Tuesday, which could add pressure for an interest rate cut by the ECB.
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Capital controls have restored a sense of calm in Cyprus. At best, this is a short reprieve if they are not followed by more fundamental decisions, according to Pimco's CEO.
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As reassurance to foreign firms investing in the development of NatGas reserves, the Israeli government has said it will invest in its navy.
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Manufacturing across the euro zone fell deeper into decline in March, although the Cyprus bailout crisis has yet to take a toll on factory activity, a business survey showed on Tuesday.
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Thousands of U.K. financial sector workers risk being frozen out of the industry unless they pass mandatory tests measuring their personal ethics and integrity.
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Spain will revise down its economic growth forecast for 2013 next week and seek more time from the European Union to reduce its budget deficit as recession cuts deeper than previously expected.
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Britain's financial services sector took on new staff in the first quarter with more gains expected, a business survey said, signaling that a prolonged period of job losses may be ending.
Editor's Picks
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China and Brazil face opposite problems and should take tips from each other, according to Capital Economics.
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News that the Swedish capital of Stockholm has been hit by three nights of rioting has come as a surprise.
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Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move to lighten their tax burden.
CNBC Meets
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Cherie Blair describes her battles with the British press over publishing details about her children's private lives.
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Former UK Prime Minister Tony Blair says press regulation in the aftermath of the Leveson Inquiry is a "straightforward" matter.
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Cherie Blair says the electoral success of Margaret Thatcher made her husband aware of the importance of claiming the center ground.