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• Britain to Pay More for Power Than Germany for a Decade Thursday, 20 Jun 2013 | 2:57 AM ET

  

  British electricity prices may be almost double those in Germany within three years due largely to the impact of a new tax aimed at supporting renewable power generation.

• Alcatel Lucent Cost Cutting Gets Thumbs Up From Market Thursday, 20 Jun 2013 | 3:47 AM ET

  

  Once-commanding giant of the technology world Alcatel Lucent announced a fresh cost cutting program on Wednesday as new CEO Michel Combes plans to turn around the company's fortunes.

• George Osborne Renews Backing for Bank Competition Wednesday, 19 Jun 2013 | 11:27 PM ET

  

  George Osborne renewed his commitment to promote competition in retail banking on Wednesday, and inquired into the effects of mandatory branch sales by Lloyds and RBS.

• Low-Ranked Tennis Players Served Prize Increases Thursday, 20 Jun 2013 | 3:01 AM ET

  

  Lower-ranked tennis players will be able to collect more in prize money than ever before at this year's Wimbledon tournament.

• Refugees in Tents? IKEA Wants to Change That Wednesday, 19 Jun 2013 | 10:03 PM ET

  

  The IKEA Foundation, the philanthropic arm of the iconic Swedish furniture maker, has helped come up with a more comfortable refugee shelter.

• Dolce and Gabbana Sentenced to Jail for Tax Evasion Wednesday, 19 Jun 2013 | 10:55 AM ET

  

  An Italian court on Wednesday sentenced fashion design duo Dolce and Gabbana to one year and eight months in prison for hiding hundreds of millions of euros from the tax authorities.

• Mervyn King Made 'Series of Misjudgements': Posen Wednesday, 19 Jun 2013 | 6:51 AM ET

  

  Economist and former member of the Bank of England's Monetary Policy Committee, Adam Posen said while outgoing governor Mervyn King will be remembered as being a great public servant, he made a series of misjudgements.

• Ryanair CEO Wants Planemakers to Cram in More Seats Wednesday, 19 Jun 2013 | 7:20 AM ET

  

  Ryanair CEO Michael O'Leary finalized an order for 175 Boeing 737-800 aircraft at the Paris Air Show but he said he was disappointed that neither Boeing nor Airbus could offer him a few more seats on their single-aisle planes to allow for cheaper fares.

• IMF: Spain's 'Hard Won' Solvency Needs Protection Wednesday, 19 Jun 2013 | 5:06 AM ET

  

  "Proactive vigilance" is needed to safeguard the "hard won" solvency of Spain's banking system, and Europe needs to do more to ease Spain's financial woes, the IMF has warned.

• Boeing to Airbus: We've Got You Boxed and Bracketed Wednesday, 19 Jun 2013 | 1:44 AM ET

  

  In a week that has seen Boeing's Dreamliner meet its new challenger in the form of the Airbus A350, the U.S. firm maintains that the new European aircraft will not affect its share of the wide body market.

• Cyprus Calls for Bailout Overhaul to Save Economy Tuesday, 18 Jun 2013 | 11:34 AM ET

  

  Cyprus' president has asked euro zone leaders for a complete revamp of his country's 10 billion euro ($13.4 billion) bailout, the Financial Times reports.

• Vodafone to Trump Liberty on Kabel Deutschland Bid Wednesday, 19 Jun 2013 | 3:03 AM ET

  

  Britain's Vodafone Group has raised its preliminary offer to buy Kabel Deutschland, Germany's largest cable operator, a source close to the situation has told CNBC.

• Another Source of Discord: Euro Divided by Religion Wednesday, 19 Jun 2013 | 4:28 AM ET

  

  At a time when Europe needs solidarity and a unified sense of purpose to grapple with its seemingly endless economic crisis, religion has become yet another a source of discord. The New York Times reports.

• UK Prime Minister: 'Reckless' Bankers Could Face Jail Wednesday, 19 Jun 2013 | 1:43 AM ET

  

  Bankers who are reckless with customers' or taxpayers' money could face criminal charges and have bonuses and pensions clawed back.

• Budget Fashion Struggles: H&M Earnings Drop Wednesday, 19 Jun 2013 | 3:08 AM ET

  

  H&M, the world's second-largest fashion retailer, posted a bigger than expected drop in second-quarter earnings.

• Lucrative Stud Career Awaits Star Horse Tuesday, 18 Jun 2013 | 6:27 AM ET

  

  He was the favorite to win at Tuesday's Royal Ascot race in Britain, but even though Animal Kingdom suffered a terrible disappointment, there could still be hope for him.

• Former UBS Trader Charged in Libor Investigation Tuesday, 18 Jun 2013 | 9:02 AM ET

  

  Britain's fraud prosecutor charged former UBS trader Tom Hayes with eight counts of conspiracy to defraud.

• UK Inflation Rebounds More Than Expected in May Tuesday, 18 Jun 2013 | 4:32 AM ET

  

  British consumer price inflation rebounded by more than expected in May due to a record rise in air fares and higher fuel prices.

• Paris Could Burn This Summer: Niall Ferguson Tuesday, 18 Jun 2013 | 3:39 PM ET

  

  High youth unemployment in parts of Europe and disappointing growth expectations in the emerging world could mean mass protests this summer, Niall Ferguson told CNBC Tuesday.

• ECB's Draghi: Rates Becoming More Effective Again Tuesday, 18 Jun 2013 | 3:18 AM ET

  

  The European Central Bank is "ready to act" if need be to aid the euro zone economy and its interest rates are becoming a more effective tool again.