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

Britain's government is selling vintage French wine at around 5,000 pounds a bottle in a bid to make its wine cellar self-funding as part of a national austerity drive and clamp-down on extravagant expenditure.

Dan Clark of the Standard Life Great Britain Basketball team.

Basketball in Great Britain is apparently growing. The British Basketball Association is putting on a full court press to entice investors for a new pro league.

Three Italians, three North Americans, and Luis Antonio Tagle, the archbishop of Manila, capital of the Philippines, Asia's only majority-Catholic nation, are among candidates to succeed Pope Benedict XVI. The New York Times reports.

Here's a story about a personal hygiene startup with a sense of humor, which may have figured out the way to big profits is through a dog's mouth.

Pope Benedict XVI, on his retirement day Thursday.

Pope Benedict XVI's retirement package – the first the Vatican has offered in almost 600 years – is a sweet deal by the average American senior's standards.

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Ireland deserves the mantle of the euro zone's poster child for its remarkable economic recovery via austerity, CEOs told CNBC at the Irish Business and Employers Confederation.

New Retirement Calculus Gives New Life to Tricky Annuities

A colossal savings glut in China, the world's second largest economy, means British workers in their twenties will only be able to retire at 75.

McAfee Senior Vice President, Pat Calhoun, advises to create a whole new security 'ecosystem' to combat the cyber war we are currently, but perhaps unknowingly, submerged in.

A graffiti reading "Berlin" has been sprayed on a metal sheet near the main station

They find the language difficult and the locals as chilly as the weather but for young Spaniards Berlin has become a popular spot to sit out the economic crisis at home.

Over the past week, risk appetite has soured following a political stalemate in Rome and anxiety over the upcoming U.S. "sequester" spending cuts, but strategists told CNBC that there is a way to trade this panic.

Dennis Rodman

Former NBA star Dennis Rodman appears to have mixed up his Koreas on a visit to Pyongyang, tweeting that he expected to run into South Korean rapper Psy on his trip to the North.

Stephen Elop, chief executive officer of Nokia Oyj, poses for a photograph with a Lumia smartphone at the Mobile World Congress in Barcelona, Spain.

Mobile wars came to Barcelona on Monday as the world's largest technology giants unveiled their latest products.

As the Apples and Samsungs of the tech world dominate smart phone markets in the developed world, Finland-based mobile maker Nokia has set its sights elsewhere: the rural and isolated populations of the developing world. The Global Post reports.

European markets are braced for a sell off on Tuesday as Italy's election results could result in a political deadlock, causing economic chaos and further damage to the euro zone.

Furniture retailer Ikea says it has halted all sales of meatballs in Sweden after Czech authorities detected horse meat.

France has been called the euro zone's 'problem child' but on several key economic metrics the U.K. isn't performing much better.

Looking for the best return on your college investment? Here's a fun list: The top 10 universities for producing billionaires -- and some of their famous alum.

A man takes a phone photo of an artwork attributed to Banksy on May 17, 2012 in London, England.

A stencil by British artist Banksy is up for auction for an estimated $500,000. One problem: the neighborhood where Banksy sprayed the work wants its graffiti back.

France is a "problem child" in the euro zone and needs to implement more austerity measures and labor market reforms to regain competitiveness, a senior ally of German Chancellor Angela Merkel said on Friday.

Designer Karl Lagerfeld says he doesn't pay too much attention to the impact of the crisis on fashion.

After a year under Mario Monti's technocratic government, Italians return to the polls on Sunday February 24.

The biggest mobile trade show in the calendar kicks off on February 25 in Barcelona, Spain. Industry watchers expect new products to be unveiled by a host of players including Google, Samsung, HTC and Sony at the Mobile World Congress.

Savile Row tailors may feel like a museum to Britain's faded imperial glory but the bespoke menswear business on "the Row" is enjoying a remarkable resurgence.

Gold is flashing the "death cross" but the bearish chart pattern is not the only thing scaring investors.

At $6,000, Mobius Motors' new 'Mobius-II' could be a game-changer for businesses working on Africa’s rough roads.

The head of U.S. tire maker Titan launched a vitriolic attack on French productivity after the country’s government suggested he buy a factory in the north of France.

Despite the average fashion show lasting just 10 minutes, months of planning and billions of dollars go into making London Fashion Week a success.

The 35-carat pear-shaped diamond Marie de Medici wore at her coronation in 1610, one of the world's most famous gems.

Armed robbers at Brussels airport stole roughly $50 million worth of diamonds in under five minutes.

Fashion designer Vivienne Westwood was a woman on a mission at London Fashion Week this year. As she sent a full collection of autumn clothes stomping down the runway, Westwood said she wanted consumers to shop less and invest in quality over quantity.

Scientists using a high-energy X-ray instrument say they have solved the long-running debate over what kind of paint Picasso used in his masterpieces. The New York Times reports.

European telecom stocks have declined more than 10 percent over the past year. That sell-off has pushed yields on many large-cap names to between 6 and 10 percent. Yet dividend fund managers who would normally snap up such high yielding stocks are steering clear, worried about the sector's health and the prospect of dividend cuts.