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An Italian court on Wednesday sentenced fashion design duo Domenico Dolce and Stefano Gabbana to one year and eight months in prison.
Economist and former member of the Bank of England's Monetary Policy Committee, Adam Posen said while outgoing governor Mervyn King made a series of misjudgements.
Ryanair CEO Michael O'Leary is disappointed that neither Boeing nor Airbus could offer him a few more seats on their single-aisle planes to allow for cheaper fares.
"Proactive vigilance" is needed to safeguard the "hard won" solvency of Spain's banking system, and Europe needs to do more to ease Spain's financial woes.
European shares closed lower on Wednesday, as investors awaited a key policy statement by the Federal Reserve after its two-day meeting.
Sam Stovall, chief equity strategist at S&P Capital IQ, explains that markets expects Federal Reserve Chairman Ben Bernanke to say that tapering is not the same as tightening, and advises on how to invest.
Volker Treier, deputy chief executive at the German Chamber of Industry & Commerce, comments on Obama's Berlin speech, and its emphasis on shared values.
