Shares in Bankia dropped 41.04 percent to 0.148 euros shortly after opening on Monday after Spain's bank restructuring fund valued them at 0.01 euro.
Thomas Mackenzie attends the UKIP spring party conference to find out how far Britain's anti-establishment party can go.
An eleventh-hour deal in Cyprus helped Asian and European markets higher on Monday, but analysts warn that "risk-on" may be short lived, with downside risks remaining.
The euro at first welcomed the Cyprus bailout deal, jumping close to half a percent against the US dollar Monday, but later plunged more than 1 percent as investors shifted their gaze to the euro zone's darkening outlook.
Dutch package delivery firm TNT Express said on Monday it will cut 4,000 jobs and focus on Europe after a failed $7 billion takeover by United Parcel Service.
Cyprus and its international lenders on Monday reached a last-minute rescue deal to resolve the country's financial crisis.
British police searched for radiation and chemicals at former Russian oligarch Boris Berezovsky's home near London on Sunday but found none, and said there was no evidence anyone else was involved in his still unexplained death.
CNBC's Squawk Box discusses whether the messy Cyprus deal will cast doubt over future Troika deals.
Middle East-style oil wealth combined with a generous Nordic welfare model is slowly throttling big chunks of Norway's economy.
Silvio Berlusconi repeated a demand on Monday to be included in any new Italian government, but there was no sign his center-left rival would renege on a promise not to ally with the tycoon as a way out of political stalemate.
House prices in England and Wales posted their biggest month-on-month gain in three years in March, driven by increases in London.
From the successful campaign against trans fats to San Francisco's ban on toys in McDonald's Happy Meals to first lady Michelle Obama's campaign against childhood obesity, it's clear that makers of so-called junk foods face a widening public relations battle. The Christian Science Monitor reports.
The full globalization of the Chinese economy will not be painless Pascal Lamy, director general of the World Trade Organization, tells CNBC.
Benchmark oil prices gained early Monday, reflecting a broader "relief rally" in risk assets, after details emerged that Cyprus had struck the basis of a bailout deal with international lenders.
Investment bankers still get paid much more than other professionals, but for the first time in a generation, the gap is narrowing. The Financial Times reports.
It appears the fight is no longer about whether both of Cyprus large banks will get smaller — they will. The only question is how. Bankers, politicians, and bureaucrats are throwing around all kinds of bank restructuring phrases.
Cyprus plans to contact international lenders on Monday evening to invite them to the island for final talks on a comprehensive aid package for the Greece- exposed island, officials said.
Cyprus held last-minute talks with international lenders on Sunday as doubts grew about whether a deal could be reached to save the Mediterranean island.
Chinese President Xi Jinping warned against foreign interference in other nations' affairs during a speech in Moscow, sending a signal to the West and echoing a message often repeated by Russian President Vladimir Putin.
Fitch ratings agency warns that they may cut the UK's AAA credit rating due to the country's deep economic problems.
News that the Swedish capital of Stockholm has been hit by three nights of rioting has come as a surprise.
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.
German business software company SAP will start to employ people with autism as software testers, programmers and data quality assurance specialists across the world.
Cherie Blair describes her battles with the British press over publishing details about her children's private lives.
Former UK Prime Minister Tony Blair says press regulation in the aftermath of the Leveson Inquiry is a "straightforward" matter.
Cherie Blair says the electoral success of Margaret Thatcher made her husband aware of the importance of claiming the center ground.