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Europe Stock Market News, Business News, Financial, Earnings, World Market News and Information Highlights

Actress Kate Bosworth at the Topshop fashion show AW13 at London Fashion Week.

Philip Green's "Topshop" brand joined forces with Internet giant Google at this year's London Fashion Week in a move which has once again built a buzz around the company.

Count Leo Nikolayevich Tolstoy, (1828 - 1910), Russian writer.

"Tolstoy is also a better read. Tax rules ... were developed by the League of Nations after World War I. They've not kept pace with the changes in the world economy," the U.K.'s chancellor of the exchequer told CNBC.

Graduation Day for Norland Nannies

Widespread redundancies in the banking sector as well as cuts in pay and longer working hours have taken their toll on a range of sectors, with retailers in particular feeling the pain of the recession.

Peter Breiter, 41, is an unusual banker. Not for him the big bonuses, complicated financial instruments and multi-million deals. He is happy instead writing transaction slips out by hand for the 500 inhabitants of the tiny southern German village of Gammesfeld.

'Eclipse' owned by Russian businessman Roman Abramovitch.

Mystery surrounded the appearance of Russian billionaire Roman Abramovich's 533-foot yacht, Eclipse, at a berth in mid-town Manhattan.

For $75,000, this matchmaker will help high-flying executives find the match that meets their every demand and handles it discreetly.

European austerity measures are punishing the most vulnerable members of society and threatening the entire social cohesion of Europe, according to a report from the charity Caritas.

Thousands of job losses in London's high-profile banking industry are causing ripple effects across a wide array of businesses that rely on the wealth of City workers.

Steak meat

In tough times poverty stricken rural Romanian farm owners sell their old workhorses to slaughterhouses to make a little extra cash, and begin a process whereby horsemeat winds up on the dinner table.

Visitors look at a Rolls-Royce Phantom luxury automobile.

In London, surprisingly robust sales of Lamborghinis and Ferraris depend on mass-market techniques as the super-rich spend less freely.

The view that it is never right to respond to a financial crisis with monetary financing of a consciously expanded fiscal deficit – helicopter money, in brief – is wrong

Alexei Moiseev, Russia's deputy finance minister

As tension over exchange rates grows and central bankers across the globe try to cool talk of a "currency war", Russia on Wednesday denied it was manipulating its currency.

Lays introduces their new chip flavors: sriracha, chicken and waffles, and cheesy garlic bread.

Lay's is offering $1 million for the next big chip flavor. CNBC did a taste test on the three finalists -- Sriracha, Cheesy Garlic Bread and Chicken and Waffles. Here are our highly unscientific results.

Many owners are happy to part with large sums of cash to buy extravagances for their pets. Here's a list of products for the pet who has everything, and the owner who gives it to him.

Models walks the runway at the Concept Korea Fall 2013 fashion show during Mercedes-Benz Fashion Week

Asian designers have already paved their way through the New York fashion scene – names like Phillip Lim, Alexander Wang and Jason Wu have now become household names. But celebrities are already eyeing some of Korea's rising stars; Lie Sang Bong's clients include Beyonce, Lady Gaga and Rihanna. Choi Bo Ko has Whoopi Goldberg as one of his clients.

As much a part of the saucier side of British 20th-century life as cheeky seaside postcards and innuendo-loaded comedies, the topless models in Britain's best-selling daily paper might soon be no more.

A group of 100 German academics, trade unionists and politicians is calling for a 30-hour working week with full pay, German daily Tageszeitung reported on Monday, with the petitioners arguing that a shorter working week is the best way to address rising unemployment.

A reveller of Grande Rio samba school performs during the second night of carnival parade at the Sambadrome in Rio de Janeiro

As raucous Latin American rhythms, colorful processions and street parties go, Brazil's Carnival is among the best, but Citigroup's strategy team is questioning whether the party for Brazil's economy could be over before it's really begun.

Banca Monte dei Paschi di Siena

Wine and friends improve with age. Banking, if the recent experiences of the world's oldest surviving financial institution are anything to go by, does not. The Global Post reports.

Europe may be mired in a recession and austerity but the continent's biggest soccer clubs (football clubs to those in Europe) are continuing to look recession-proof.

He's blond, opinionated, has a flair for publicity and is a bit of a comedian. However, Finnish politician Alex Stubb has taken up a trickier task than running London.

Pablo Picasso's Femme pres d'une fenetre

The art market is to experience a "10- year boom" according to an expert, as investors from China and the Middle East drive demand towards unprecedented levels.

Horses stand in a pasture

Testing has confirmed that beef lasagna produced by food manufacturer Findus contained horsemeat, Britain's Food Standards Agency (FSA) said on Thursday.

Usain Bolt

Olympic sprint champion Usain Bolt and other overseas athletes will be able to compete tax-free in this year's London Diamond League event at the Olympic Stadium after the British finance minister agreed to a "one-off" exemption.

Mario Monti

Voters across Lombardy, the industrial heartland of Italy, which calls Milan its capital, may well decide the outcome of the election – and the fate of Mario Monti, Italy's technocratic prime minister now seeking a political mandate. The FT reports.

Big Mac

Forget about statistics for employment and industrial production, it is being claimed that the price of a hamburger is showing where Europe's economic reforms are working - and where they are not.

FC Barcelona

Spanish football clubs spending less on players speaks to the league's ongoing problems with debt.

Judge

If you thought people in accounting and analyst jobs were boring, think again. Some have real creative talent, but occasionally their audience is far bigger than intended.

plane-taking-off-at-dusk_200.jpg

Irish airline Aer Lingus said on Wednesday an attempt by Ryanair to buy the company was likely to fail, and pointed to a jump in profits last year as proof it could flourish on its own.

The Taliban is embracing mafia-style tactics in Pakistan’s wayward port city of Karachi, the Global Post reports.

Emirates airline sealed a five-year branding deal with Formula One motor racing on Tuesday as it tries to outdo regional rivals for global prominence.