German business morale rose far more than expected in May, suggesting Europe's largest economy is picking up steam after posting anaemic growth in the first quarter.
A French court has eased the pressure on Christine Lagarde, head of the IMF, by stopping short of making her an official suspect for her role in a €400 m pay-off to a supporter of former president Nicolas Sarkozy. The FT reports.
Russia's leading online social network was briefly banned on Friday, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company.
German business morale rose far more than expected in May, suggesting Europe's largest economy is picking up steam after posting anaemic growth in the first quarter.
Mario Draghi, head of the European Central Bank (ECB) insisted that the euro zone was more stable than a year ago but that the region needed more integration - and the U.K should be a part of that.
David Mackie, chief European economist at JPMorgan and Andrew Sentance, senior economic adviser at PwC, explain why the U.K should remain a member of the EU.
Holger Schmieding, chief economist at Berenberg Bank, says the overall global economic picture is improving with Europe slowly pulling out of recession and the U.S. private sector looking more solid.
Big companies' tax affairs in Europe are to be opened up to greater public scrutiny with the EU rushing out a law to reveal corporate profits and taxes on a country-by-country basis, the FT reports.
Britain came within six hours of running out of natural gas in March, highlighting the risk of supply shortages amid declining domestic production, the FT reports.
Two British men of Nigerian descent accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries were known to security services.
Harry Tchilinguirian, head of commodities market strategy at BNP Paribas, tells CNBC that continued QE by the US Fed, a pickup in the Chinese economy and a continued squeeze on Iranian production will drive oil up.
Carlos Caicedo, head of Latin America at Exclusive Analysis, tells CNBC that Brazil has already had one trillion of investment in preparation for the World Cup and Olympics.