HSBC has sounded out investors about a flotation of its U.K. arm, in a move that would realize value from its high street banking business.» Read More
Twenty percent of Italian companies are set to fail, Intesa Sanpaolo Chief Executive Enrico Cucchiani, told CNBC on Wednesday.
CNBC's Kelly Evans reports concerns on the future of quantitative easing from the Federal Reserve, and weak economic data sent European sharply lower on Thursday.
Enrico Cucchiani, CEO of Intesa Sanpaolo, tells CNBC that the bottom 20 percent of Italian companies have seen top line shrinking 35 to 45 percent.
With the ability to produce electricity far beyond the requirements of its population, Iceland is looking into the possibility of laying an enormous "extension cord", which would enable them to export to the huge European market.
The biggest mobile trade show in the calendar kicks off on February 25 in Barcelona, Spain. Industry watchers expect new products to be unveiled by a host of players including Google, Samsung, HTC and Sony at the Mobile World Congress.
Hopes the euro zone might emerge from recession soon were dealt a blow on Thursday, as surveys showed the downturn in the region's businesses worsened unexpectedly this month - especially in France.
Peter Oppenheimer, chief global equity strategist at Goldman Sachs, tells CNBC that the prospects for equities still look good, but it's not surprising that we are seeing a pullback.
George Quinn, CFO of Swiss Re, tells CNBC that the company's financial position and opportunities ahead are a pretty unbeatable combination.
European markets open down on the Federal Reserve news.
The U.S. Federal Reserve's signal that it may not continue its bond buying program is a game changer for global equity markets, Dennis Gartman, editor of "The Gartman Letter" told CNBC on Thursday.
Financier Nat Rothschild, co-founder of coal miner Bumi, was defeated in his bid to oust the company's current chairman and chief executive on Thursday, losing a public showdown with Indonesia's influential Bakrie family.
Nat Rothschild, founder of NR Investments and a shareholder in Bumi PLC, tells CNBC that the shareholder vote is too close to call but minority shareholders have voted against the board. He also makes other allegations that have been denied by Bumi.
Intesa CEO Enrico Cucchiani says the Monte dei Paschi scandal is an isolated case.
Savile Row tailors may feel like a museum to Britain's faded imperial glory but the bespoke menswear business on "the Row" is enjoying a remarkable resurgence.
Markets are underestimating the risk of a surprise election result in Italy and the possibility of new elections within the year as support for "protest" parties in the country grows, analysts have warned.
Concern is mounting that Germany is drifting apart from other countries at the core of the single currency bloc, notably France.
Aiman Ezzat, CFO of Capgemini, tells CNBC they are trying to increase the share of their revenue coming from fast-growth economies and North America.
Mikio Kumada, Executive Director & Global Strategist at LGT Capital Partners says the ECB policies are still too tight.
Markets threw up enough technical red flags amid a wave of volatility Wednesday to have traders wondering if the first real sell off of 2013 has finally arrived.
European shares closed lower on Wednesday following varied earning reports.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Alex Donohue, spokesman for Ladbrokes, tells football fans how he thinks they should place their bets for Next Year's World Cup.
Nick Stone, co-founder of FIXR, says his new clubbing app could revolutionize nights out in London.
Alec Young, global equity strategist at S&P Capital IQ, says markets are taking the Federal Reserve taper threat in their stride, and focusing more on the improving economy.