CNBC's Steve Sedgwick spoke to Professor Andrzej Slawinski from the Polish Central Bank about the economic outlook for the country.

UK Business Secretary Lord Mandelson and Olympics Minister Tessa Jowell joined London 2012 organizers to launch a £700 million tender for goods and services to British companies. Mandelson, Jowell and LOCOG Chairman Lord Sebastian Coe expounded on the tender to CNBC. Mike Mulvey, CEO of CompeteFor, discusses further.

“What we are seeing is an industry that is going through a severe recession,” British Airways CFO Keith Williams told CNBC Friday. The airline is “responding to a structural change in the industry,” he said, adding that “manpower has been down about 10% in the last 12 months,” and over the next six months, “another 3,000 people (will) leave the airline.”

British Airways swung to a worse-than-expected loss in the third quarter Friday, but said it sees traffic volumes stabilizing. John Strickland from JLS Consulting considers the outlook for the UK airline.

Third-quarter earnings from British Airways and Royal Bank of Scotland are like a "bucket of cold water" for investors and the UK government is "walking a tight rope" with its economic policy, Anthony Fry from Evercore Partners told CNBC Friday.

Cisco Systems reported a stronger-than-expected profit for its fiscal first quarter and said business was recovering. "We saw some pretty encouraging signs," Chris Dedicoat, president of Cisco Europe, said Thursday. "We thought that we'd see some improvement and we did."

Software AG hiked its full-year outlook Thursday, and said it expects sales and profits to grow next year. "Customers realize that we are now one of the global players for process solutions," CEO Karl-Heinz Streibich said. "We are able to deploy these solutions on a global basis, so we believe we have a great growth potential for the future."

One company that's looking forward to Christmas is Adidas. The German sports equipment company said it strongly believes the worst is over and it's expecting the holiday shopping season to beat last year's. CEO Herbert Hainer spoke to CNBC about the outlook.