Mark Carney pledged to appoint a new Deputy Governor at the Bank of England to lead a "root and branch" review of its strategy, after suspending an official over the foreign exchange market manipulation scandal.» Read More
European shares open slightly higher ahead of key manufacturing data from the euro zone.
Britain's financial services sector took on new staff in the first quarter with more gains expected, a business survey said, signaling that a prolonged period of job losses may be ending.
Cyprus plans to lift a ban on casinos and offer firms tax exemptions on profits reinvested on the island under a package of reforms to kickstart its ailing economy, its president said on Monday.
Daniel Harden, senior commercial dealer at Global Reach Partners, tells CNBC that euro zone fundamentals remain the biggest concern heading into the second quarter.
Michael McCarthy, Chief Market Strategist at CMC Markets says slowing growth and rising inflation in India makes it the biggest risk in Asia. He expects an extreme cooling of growth in the country.
Spain will revise down its economic growth forecast for 2013 next week and seek more time from the European Union to reduce its budget deficit as recession cuts deeper than previously expected.
Charles Dallara, Americas of Partners Group, shares his opinions on the future of Cyprus and Europe, and discusses whether a crisis like this could occur in the U.S.
Paul Bloxham, Chief Economist for Australia and New Zealand at HSBC, says that monetary policy in Australia is hitting the bull's eye in terms of the government's desired targets. He also describes why China's growth story is showing no signs of losing steam as he expects growth to touch north of 8%.
CNBC's Michelle Caruso Cabrera reports on major bank client losses in Cyprus, which could be as high as 60 percent for those with more than $100,000 euros in Cypriot banks. Could the same thing happen in the U.S.?
Willem Nabarro, Head of European Equities for Asia at Exane-BNP Paribas, says the Cyprus saga is an opportunity to come back to the market.
Italy's 87-year-old President will face the greatest test of his career as he tries to end the standoff preventing a new government being formed more than a month after elections.
Big depositors at Cyprus' largest bank may be forced to accept losses of up to 60 percent, far more than initially estimated under the European rescue package to save the country from bankruptcy.
Giorgio Napolitano on Saturday ruled out standing down to make way for new parliamentary elections after the failure of attempts to form a government this week, saying he would stay in place until the very end of his mandate in May.
Cyprus may be a "special case" in the eyes of European officials, but their handling of its bailout is taking a toll on another small euro zone member with an over-burdened banking sector- Slovenia.
Cyprus conceded on Thursday that tight capital controls would remain in force longer than expected as the island's banks reopened for the first time after the government was forced to accept a tough EU rescue package to avoid bankruptcy.
Discussing the uncertainty ahead for Cyprus, with Edward Yardeni of Yardeni Research and Michael Ozanian of Forbes Magazine.
Pier Carlo Padoan, chief economist at the OECD, tells CNBC that despite results which appear disappointing, they are not pessimistic as the G7 forecast in fact indicates an improving situation.
European shares closed higher on Thursday after Cypriot banks re-opened after an almost two-week closure.
Louisa Bojesen takes you through the European markets, which closed higher on Thursday.
Peter Ceretti, researcher at Eurasia Group, tells CNBC that the failure of Per Luigi Bersani to form a coalition government means the President will take control of the process, but it will be 6-12 months before an election is called.
Cyprus's finance minister, Harris Georgiades, concedes there were "problems in the past" between the Cypriot government and the central bank governor, who has just resigned.
European stocks closed mixed on Tuesday, as the crisis in Ukraine curbed enthusiasm for riskier assets.
Riccardo Barbieri, chief European economist at Mizuho International, says UniCredit could be vulnerable the turmoil in Ukraine, given its exposure to eastern europe.