Government needs to increase labor flexibility and overhaul its tax system if it is to remain competitive, chief tells CNBC.» Read More
Bank of America Merrill Lynch has sliced its 2013 outlook for silver, in a warning sign for investors that view it as a leading indicator for gold.
Property prices in England and Wales rose by the most in six years in May, fueling concerns of a new housing bubble.
Club Mediterranee's top shareholders said on Monday they plan to offer to buy the holiday group alongside the company's management.
Spain's rising political star is a 61- year-old former Socialist whose message of changing the system from within is drawing voters.
Romans went to the polls on Sunday to elect a new mayor of Italy's capital in a vote which could have repercussions for the fragile national government of Prime Minister Enrico Letta.
Support for openly racist or anti-immigration politicians is on the rise in several countries, the Globalpost reports.
The winner of England's Football League Championship will come away 120 million pounds ($181 million) richer, according to sports business analysts who called it "the biggest financial prize in football".
Russia's leading online social network was briefly banned on Friday, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company.
Spanish banks will need to put aside extra provisions of up to 10 billion euros to cover loans that borrowers will struggle to repay, the FT reports.
Japan is in the middle of a "big monetary experiment," from which market volatility should be expected, Ben Broadbent, a member of the Bank of England's Monetary Policy Committee, told CNBC.
The economist who coined the term "Grexit" says the possibility of Greece exiting the euro zone has receded "markedly", reversing predictions he made in July when he saw a 90 percent chance of an exit within the next 12-18 months.
Cyprus faces substantial risks to its economic outlook and its recession could be deeper than forecast, the country's central bank governor said in a prepared speech on Wednesday.
Austerity opera "El crepusculo del ladrillo," premiered on Sunday in la Tabacalera, a rundown tobacco factory in downtown Madrid, to rapturous applause.
EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash.
Shale gas development in the U.K. could create 74,000 jobs and halve the country's future dependency on gas imports, according to a new report by the Institute of Directors.
Germany, the euro zone's largest economy, is on track for a recovery thanks to a pick-up in demand for its products from abroad, the Bundesbank said on Tuesday.
Ireland said on Tuesday it was not to blame for Apple's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits.
British outsourcing group G4S said its chief executive Nick Buckles would step down and be replaced by Ashley Almanza at the end of May.
British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday as a struggling general merchandise division dragged on growth in food sales.
Vodafone posted its largest ever quarterly fall in key organic service revenue on Tuesday, down 4.2 percent.
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.