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

A new survey from Spectrem Group finds that only 20 percent of affluent and wealthy investors agree that "money can buy happiness."

Portrait of King Richard III

British researchers said on Monday that a skeleton with a cleaved skull and a curved spine entombed under a car park was that of Richard III, solving a 500-year-old mystery about the final resting place of the last English king to die in battle.

Vice chairman of Toyota Motor, Takeshi Uchiyamada (R), introduces the company's new compact electric vehicle called the 'eQ', at the company's showroom in Tokyo on September 24, 2012.

Are electric cars running out of juice again? Recent moves by Japan's two largest automakers suggest that the electric car, after more than 100 years of development and several brief revivals, still is not ready for prime time.

Millions of smartphone users around the world who are now viewing Samsung's mobile devices in a new light and opting for them over Apple's devices.

A British riot policeman stands guard in front of a burning building and burnt out car in Croydon, South London.

There are hardly any jobs, generally low wages and it rains all the time: Not the usual picture that a country wants to portray of its culture or economy. However, U.K politicians are considering launching a negative publicity campaign in Eastern Europe to deter potential migrants from coming to the U.K. in search of jobs.

Structured finance deals of a type last seen before the financial crisis are set to come back in 2013, according to market experts, signaling a return to the credit boom in 2004.

Economic hardship has inspired a full range of clandestine entrepreneurship in Spain. The combination of higher taxes and unemployment has pushed desperate Spaniards to convert their apartments and underused lofts and warehouses into jazz clubs, hair salons, restaurants and even flamenco halls.

Severe Air Pollution Continuous In Beijing

China's foulest fortnight for air pollution in memory has rekindled a tongue-in-cheek campaign by a multimillionaire with a streak of showmanship who is selling canned fresh air.

jpmorgan loss--808785426_v2.jpg

There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. Some of the firm's own traders bet against the very derivatives positions placed by its chief investment office, said three people familiar with the matter.

Brace yourself for a costlier latte. Coffee leaf rust - a fungus-borne disease devastating to plantations - has returned to plague crops in Central America, a region supplying 14 percent of the world's global production.

The city of Dijon has just sold off half of its prized municipal wine cellar to help fund local social spending – including a bottle of 1999 Burgundy knocked down at auction for 4,800 euros to a Chinese buyer. The FT reports.

The U.K. faces a "significant" risk of losing its triple-A rating, as its economy has worsened since it was placed on negative outlook last year, David Riley, Fitch Ratings global managing director for sovereign ratings, told CNBC.

Asia's financial capital Hong Kong retained its top spot as the world's most expensive city to rent a high-end apartment as robust demand on the island, a popular destination for employees looking to relocate overseas, and constrained supply, kept prices elevated.

Oil companies at the heart of the US shale oil boom are burning off enough gas to power all the homes in Chicago and Washington combined in a practice causing growing concern about the waste of resources and damage to the environment.

The British Prime Minister threw down the gauntlet on EU membership last week, announcing a referendum on U.K. membership of the EU by 2017. Now a new opinion poll in France shows a majority of the French population favor an exit by the British - "Les Rosbifs" - from the Union.

Carl Icahn (L), Bill Ackman (R)

Call them the "Bickering Billionaires," two financial titans who squared off in a breathtaking, unforgettable smackdown Friday on CNBC.

Auto parts production workers work on a production lines making both metal and plastic bumpers.

The U.K. economy contracted more sharply than expected in the final quarter of 2012, the country's statistical agency said on Friday.

Kakopetria in Solea Valley, Trodos, Cyprus

When compared to the hundreds of billions of euros used to prevent Greece from collapsing, the €11 billion needed to recapitalize the banks of Cyprus is a relatively small sum. But Cyprus, the fourth euro zone country applying for financial aid in order to prevent a state bankruptcy, has potential creditors pausing just the same. Their reason: concerns that Cypriot banks are a haven for money laundering.

David Cameron

After causing widespread consternation among his European Union (EU) partners with a speech calling for the EU to change, U.K. Prime Minister David Cameron has appeared politically isolated. However, support for his position appears to be growing, at least in some quarters within the EU.

Barclays CEO Antony Jenkins told CNBC in Davos that the bank was too aggressive and too self-serving in recent years, as it seeks to put the manipulation of Libor and other scandals behind it.

Inequality risks destabilizing “global society”, Klaus Schwab, the German economist who founded and chairs the World Economic Forum, told CNBC on Tuesday.

Angela Merkel's watch.

A watch says a lot about the wearer. Merkel's choice of a simple watch shows her aversion to public debt and a fiscal deficit.

Thousands of striking miners march to the offices of Anglogold Ashanti  in Carletonville on October 18, 2012.

The outlook for South Africa looks increasingly unstable as foreign and indigenous companies retrench.

Morning bathers  by the Hooghly River with the massive outline of Howrah Bridge filling the skyline in Kolkata, India.

It was first reported in 2010 that the pillars of Kolkata's landmark Howrah bridge were being used as spittoons by pedestrians who chewed gutkha – a tobacco product popular with millions in India. The Christian Science Monitor reports.

Nicosia, Cyprus

Cyprus may seem too small for markets to care. But UBS has warned that the Mediterranean island is big enough to cause trouble in the euro zone after seeking a bailout from the troika, made up of the International Monetary Fund, the European Commission and the European Central Bank.

The 2013 World Economic Forum’s annual meeting in Davos, Switzerland.

Edvard Munch's The Scream

When the public sits up and notices the art market, it is usually when an anonymous buyer pays a mind-boggling sum to acquire a prized painting.

Aerial view of Christ the Redeemer Monument in Coreovado overlooking the city and Sugarloaf Mountain - Rio de Janeiro in Brazil.

Brazil, long viewed as one of the most promising emerging markets, has seen its crown slip slightly in recent months as its dominance is under threat with other emerging markets competing fiercely on cost.

Fish and chips, London.

The EU without Britain would be like "fish without chips", the prime minister of Finland said on Wednesday as he made a case for Britain remaining an influential player in Europe.

Riga, Latvia

As southern euro zone countries groan under the weight of austerity measures, the Baltic country Latvia has been so enthusiastic and seemingly successful in its application of austerity measures that even the International Monetary Fund (IMF) has warned Latvia to not go too far.

Battersea power station and nearby residential flats.

One of the most recognizable buildings in London has seen substantial interest from buyers, as its latest developers try to create an 8 billion pounds ($12.9 billion) “new town center” south of the Thames.