Italian Prime Minister Matteo Renzi said on Monday that four more bodies had been recovered from the car ferry that caught fire near Greece.
Greek stocks tumbled over 10 percent on Monday after a failed presidential vote paved the way for a snap election in the new year.
Mergers and acquisitions broke a seven-year losing streak in 2014, with $3.48 trillion worth of deals. CNBC looks at some of the year's highlights.
This Christmas, London's well-off parents will be fretting over whether their children get into the most prestigious schools in the new year.
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As oil becomes cheaper, companies are more likely to invest at home rather than abroad, due to the shift in purchasing power, says Holger Schmieding, chief economist at Berenberg Bank.
With Greece's presidential vote underway, Holger Schmieding, chief economist at Berenberg Bank, discusses whether it will affect the European Central Bank's stimulus efforts.
George Godber, fund manager at Miton Group, says his fund has outperformed the FTSE by avoiding oil majors BP and Royal Shell and by not benchmarking against the index.