French oil engineering group Technip reported third-quarter results in line with expectations Friday. While the company confirmed its 2009 outlook, it stressed next year will be challenging. CEO and Chairman Thierry Pilenko spoke to CNBC.

The euro zone economy emerged from recession in the third quarter, GDP data showed Friday. Charlie Morris from HSBC Global Asset Management considers the outlook for the European economies.

British Airways and Spain's Iberia confirmed a preliminary agreement for a $7 billion merger Thursday. Paul Chesterton from CMC Markets and Paul Mielgo from Interconomia discuss the deal.

British Airways CEO Willie Walsh told CNBC the airline's planned merger with Iberia is a necessary step in the face of major changes in consumer spending. "People need to realize, this is an industry that is under severe stress," Walsh said.

British Airways and Iberia finally agreed to a $7 billion merger Thursday after 15 months of negotiations. Howard Wheeldon from BGC Partners told CNBC that an "interesting animal" is being born.

The proposed merger between British Airways and Iberia would be bad for consumers, Michael O'Leary, CEO of Ryanair, told CNBC Friday. "I would characterize it as two drunks holding each other up on the way home," O'Leary said.

The Eurostar between Paris and London is now 15 years old, but has the rail link been a success? "Our passengers would say unquestionably that it was a great success," Richard Brown, CEO of Eurostar, told CNBC Friday.

Anheuser-Busch InBev beat expectations with its quarterly earnings Thursday due to cost cutting and higher prices. Chris Mercer from Just-Drinks and Donald Sull from London Business School discuss the brewer.