By: Reporting by Julia Chatterley, Written by Dhara Ranasinghe
Friday, 17 May 2013 | 12:49 AM ET
Traditional parties that make up Italy's coalition government will become history, Beppe Grillo, the leader of the anti-establishment "Five Star Movement" told CNBC.
Apple may have surged ahead with tablet sales, but the competition is heating up in China, where ultra-cheap tablets are giving consumers more options.
Harvard economists Carmen Reinhart and Kenneth Rogoff have admitted that they made a wrong calculation with their influential economic research paper in 2010.
Russia is a prime investment location because of its massive natural resources, Ivan Glasenberg, the CEO of commodity trader Glencore said on Thursday.
The U.K.'s hopes of a meaningful economic recovery in the near-term were dealt another blow by the IMF which singled out the country's fiscal plan for criticism.
Slovenia bought itself more time to avert an impending funding crisis on Wednesday as it sold more than twice the amount of government bonds it had hoped to on Wednesday
Italian lawmakers will begin voting on Thursday to elect a new president, in the hope that they can end the country's political impasse, over which concerns are growing.
Europe's finance ministers meeting in Dublin on Friday faced a renewed crisis on multiple fronts, with a backlash against austerity acting as a gloomy backdrop.
The rush to build a more reliable exchange for bitcoin is under way after a price crash disgruntled customers who directed their anger against the currency's major exchange.
As the French government is mired in a growing scandal over secret foreign bank accounts, President Francois Hollande called for tax havens to be eradicated.
The Central Bank of Cyprus denied that it will sell 400 million euros ($525 million) worth of its gold reserves as part of the conditions to Europe's bailout of the island state.
Billionaire investor George Soros is the latest person to criticize Germany's role in the euro zone crisis, telling the country that it should consider leaving the euro zone.