Europe has spent hundreds of billions of euros rescuing its banks but may have lost an entire generation of young people in the process.
There’s a lot of risk involved in passing off a forgery, but people do it anyway, for ego gratification or pure profit. An expert can stop a buyer from getting fleeced, but even experts get fooled. Read ahead to see CNBC.com’s list of fakes and forgeries that fooled the experts.
As the conclave to elect a new pope begins Tuesday, the specter of financial scandal presents a challenge for Pope Benedict's XVI's successor. The NYT reports.
Online betting site Intrade said it had ceased trading immediately due to circumstances that may include "financial irregularities" and require further investigation.
One in four Germans would be ready to vote in September's federal election for a party that wants to quit the euro, according to an opinion poll published on Monday that highlights German unease over the costs of the euro zone crisis.
One analyst has told CNBC that 2013 could well be the year robots become a force to be reckoned with.
Italy could see its borrowing costs rise above those of troubled Spain this week, analysts told CNBC on Monday.
Prominent short-seller David Einhorn raised eyebrows last month when he popped up on Twitter to disavow that he had tweeted about Herbalife.
Seven foreign hostages kidnapped last month by a Nigerian Islamist group from a construction firm's compound have been killed, the Italian and Greek Foreign Ministries said.
Beppe Grillo's anti-establishment 5-Star Movement said it wanted to lead Italy's next government and reiterated that it would not agree to an alliance with any other party.
A large majority of Italians are in favor of staying in the euro zone and are also against holding a referendum on membership, an opinion poll showed on Sunday.
Nicolas Sarkozy is being wooed by sovereign wealth funds including Qatar's who are ready to back him to start a private equity fund. The Financial Times reports.
Milan court doctors ruled on Saturday that Silvio Berlusconi was able to attend a tax fraud appeal, rejecting the former prime minister's complaint that an eye condition prevented him leaving hospital.
German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles.
Executive excess need not be etched in stone. Just look at the Nordic region, where an egalitarian tradition and a high quality of life leave top managers content with lower paychecks.
"I saw someone who was clearly a genius," said Digital Sky Technology's Yuri Milner says of Facebook founder Mark Zuckerberg.
Norway's oil fund almost halved its exposure to UK and French government bonds last year while increasing it to debt from the US, Japan and Germany. The FT reports.
At an auction of classic Ferraris, collectors will be anxious to see if the skyrocketing prices still have room to run.
Fitch on Friday cut Italy's sovereign credit rating to BBB-plus from A-minus, citing in part political uncertainty after the country's inconclusive elections.
A report that will be voted on in the EU parliament March 12 could lay the groundwork for laws banning pornography across all media — including the Internet — and could potentially restrict free speech advocates claim.
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.
CNBC meets Aerin Lauder, the granddaughter of beauty icon Estee Lauder, on her businesses and stepping away from the family dynasty.
CNBC Meet's Tania Bryer speaks to Aerin Lauder, granddaughter of the late Estee Lauder, founder of the billion dollar beauty empire.
In part two, Aerin Lauder talks about her decision in 2012 to launch her own luxury lifestyle brand.