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  • UK Gilts: Resting on a Bed of Goose Down Friday, 5 Aug 2011 | 12:57 AM ET
    Big Ben

    This week UK gilts featured prominently in the media when the 10-year yield dropped to its lowest levels in a long time. Is this is a vote of confidence in the UK economy? In a word, yes.

  • Bank of England Holds Rates After Weak Growth Thursday, 4 Aug 2011 | 7:07 AM ET
    Governor of the Bank of England Mervyn King

    The Bank of England (BoE) held interest rates on Thursday at their current historic low of 0.5 percent after weaker than expected gross domestic product (GDP) figures last week effectively killed off any hope of a rate rise this year.

  • IMF Casts Doubt on UK Deficit Plan Tuesday, 2 Aug 2011 | 12:37 AM ET
    Tower Bridge and City of London financial district

    Bad economic news bombarded the UK Treasury on Monday as new International Monetary Fund forecasts cast doubt on the chancellor’s deficit reduction plan, the FT reports.

  • BSkyB Hands Investors Cash Bonus, Murdoch Stays Friday, 29 Jul 2011 | 3:11 AM ET
    James Murdoch, son of Rupert Murdoch and Chairman and Chief Executive of News Corporation, Europe and Asia.

    James Murdoch, the under-fire chairman of BSkyB, was kept on with the unanimous support of the board, the chief financial officer of the cable television company told CNBC Friday.

  • Murdoch Faces BSkyB Board     Thursday, 28 Jul 2011 | 6:30 AM ET

    NBC's Stephanie Gosk has the latest James Murdoch facing the BSkyB board and doubts about his role as chairman of that board.

  • No Phone Hacking at Daily Mail Group, Says CEO Tuesday, 26 Jul 2011 | 8:11 AM ET
    A pile of old cellular phones.

    The phone hacking crisis causing turmoil at News Corp subsidiary News International will not extend to rival Daily Mail & General Trust, according to the company's chief executive.

  • UK Lawmaker Calls for Murdochs' Suspension Friday, 22 Jul 2011 | 6:12 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    A UK Member of Parliament has written to the board of News Corp calling for Rupert and James Murdoch to be suspended over phone hacking at the company.

  • Hacking Case Linked to News Corp Referred to FBI Thursday, 21 Jul 2011 | 2:28 AM ET
    Rupert Murdoch, chief executive officer of News Corp., sits in a car as he is driven along Whitehall, prior to a parliamentary committee hearing on the phone hacking scandal.

    A legal battle over alleged computer hacking of a US marketing company by a News Corp subsidiary has been referred to US authorities by a senior lawmaker, the FT reports.

  • Commodities traders at the New York Mercantile Exchange.

    European leaders could temporarily steal the spotlight from Washington lawmakers Thursday, as they meet in Brussels to discuss the Greek debt crisis and how to keep contagion from spreading.

  • UK PM Has Regrets Over Hiring Ex-Murdoch Editor Wednesday, 20 Jul 2011 | 8:14 AM ET
    David Cameron

    David Cameron told the British parliament of his regrets over hiring former News Corp employee Andy Coulson, who was arrested over phone-hacking allegations.

  • Cameron Addresses Hacking Scandal     Wednesday, 20 Jul 2011 | 6:30 AM ET

    British Prime Minister David Cameron addresses the House of Commons over the ongoing phone-hacking scandal.

  • UK MPs Deplore Murdoch Firm's Actions on Hacking Wednesday, 20 Jul 2011 | 5:35 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    An influential committee of British lawmakers has condemned News International's actions on phone hacking and accused News Corp's British newspaper wing of trying to "deliberately thwart" the police investigation into the initial allegations.

  • A positive start to earnings season, including blowout results from Apple, is helping investors shake off worries and start buying the dips. On tap for Wednesday: UTX, AmEx, Intel.

  • 'Great Drama' Expected at Murdoch Hearing: Editor Tuesday, 19 Jul 2011 | 11:31 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    Rupert Murdoch, his son James and Rebekah Brooks, the former News of the World editor who used to run their British newspaper empire News International, face grilling by a committee of MPs later on Tuesday.

  • Can the UK Prime Minister Survive Murdoch Scandal? Tuesday, 19 Jul 2011 | 8:03 AM ET
    David Cameron

    he News of the World phone hacking scandal heaped further pressure on the British Prime Minister, David Cameron, on Monday as more questions were raised about his appointment of the paper's former editor Andy Coulson as his director of communications.

  • Murdoch Ready to Talk     Tuesday, 19 Jul 2011 | 7:54 AM ET

    CNBC's Kayla Tausche has the update on Rupert Murdoch and his son James reaching Parliament in preparation of a hearing on the phone hacking scandal.

  • Parliament Meets the Murdochs     Tuesday, 19 Jul 2011 | 7:06 AM ET

    CNBC's Kayla Tausche has the update on Rupert and James Murdoch arriving at Parliament. The big question is whether the Murdochs will be able to survive the scandal at all.

  • Whistleblower in News Corp Scandal Is Found Dead Monday, 18 Jul 2011 | 5:56 PM ET
    News Corp

    The whistleblower who alleged widespread hacking at News Corp's News of the World has been found dead. Police said his death was not considered to be suspicious.

  • News Corp Takes Another Hit     Monday, 18 Jul 2011 | 10:35 AM ET

    CNBC's Kayla Tausche has the details on British PM cutting his trade mission to Africa short as the hacking scandal grows.

  • Phone Hacking Scandal May Stretch to 9/11 Victims Wednesday, 13 Jul 2011 | 8:11 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    British Prime Minister David Cameron says he will look into whether 9/11 victims were targeted in the phone hacking scandal.