Power will definitely be devolved to the Scottish people, says Alistair Carmichael, Scottish Secretary of State, as all three U.K. political parties have agreed to it.» Read More
European countries under bailout programs have made "significant reform progress" stresses Mario Draghi, president of the ECB, but adds that "all countries" need to continue reforming.
Mario Draghi, president of the ECB, says the European recovery is still weak, but gradually improving, and highlights the role of political leaders in their commitment towards a banking union.
European equities closed sharply lower on Friday as a large selloff in emerging-market currencies spooked investors.
Viswanathan Shankar, CEO for EMEA and Americas at Standard Chartered maintains that the real economy in emerging markets is "robust" and that they have "terrific prospects" over the long-term.
Lord Mark Malloch-Brown, EMEA chairman at FTI Consulting, highlights that while the economy is less of a worry, geopolitical concerns are rising.
Another person has reportedly been killed in a fourth explosion in Cairo on Friday, bringing the total death toll to as high as six, reports CNBC's Yousef Gamel El-Din from Cairo.
The European Commission is fighting against excessive regulation, says José Manuel Barroso, president of the European Commission, to reduce the regulatory burden on businesses.
Chris Dedicoat, president for EMEA and Russia at Cisco, says the U.K. needs to stay in the EU and that Europe can take the lead when it comes to the "internet of things."
Benjamin Netanyahu, Israel's prime minister, says he wished Iran would "walk the walk" and that he wants "action, deeds and not nice words" when it comes to its nuclear program.
Sir Michael Rake, president of the CBI, says it's still too early to raise interest rates in the UK and that he thinks the biggest risks to business will be political.
Alastair Lukies, CEO of Monitise and U.K. business ambassador, discusses business sentiment and innovation in banking.
Boris Johnson, mayor of London, says the U.S. is "reaping the rewards" of "braver and bolder" steps it took ahead of Europe and comments on the bankers' bonuses debate.
José Manuel Barroso, president of the European Commission, says that while the European Union has "turned the corner", it is not yet out of the crisis.
Majid Jafar, CEO at Crescent Petroleum, says that while the Middle East has been losing capacity due to political unrest, it remains the region with the most opportunities.
Sergey Belyakov, Russia's deputy minister for economic development, says that the slow Russian growth is a "big challenge" and the country has "no choice" but to improve the business environment.
Arsene Wenger is "crucial" to Arsenal and Farhad Moshiri, senior shareholder at Arsenal, tells CNBC he hopes the manager will sign his renewal contract as soon as possible.
Ignazio Visco, governor at the Bank of Italy, says the Italian recovery is weak but on track and that banks need to continue their efforts to increase provisions and capital ratios.
Alexei Mordashov, CEO at Severstal, expects a "significant" increase in steel demand in 2014 but says the problem for steel companies are the margins due to overcapacity.
European equities closed lower on Thursday following disappointing data from the U.S., with manufacturing growth slowing in January.
Oleg Deripaska, CEO at Rusal, explains that the aluminium sector needs supply-side "discipline" to recover.