The EU threatened Russia with new trade sanctions if Moscow fails to start reversing its action in Ukraine, but the timing of any measures is uncertain.» Read More
European Union antitrust regulators raided Deutsche Telekom, Orange SA and Telefonica on suspicion that the companies abused their dominant position in Internet connectivity services.
Executives of British drug maker GlaxoSmithKline in China have confessed to charges of bribery and tax law violations, China's security ministry said on Thursday.
An Irish bookmaker is set to become the first company to offer real-money sports betting on Facebook when it launches an app.
Turkey has launched a probe of foreign exchange transactions, a move some commentators say could chill foreign investment, as Ankara seeks to relieve pressure on the lira and take control after mass protests. The FT reports.
Luxembourg's Prime Minister bowed to pressure for an early election after his junior coalition partner blamed him for failing to curb abuses of power by the secret service.
Capital expenditure across the world is expected to decline this year and next, according to a new report by S&P.
The U.K.'s economy will continue to improve, but the Bank of England faces a "big challenge" to maintain that recovery while ending quantitative easing, according to a report from Pricewaterhouse Coopers (PwC).
Egypt's prosecutor ordered the arrest on Wednesday of the leaders of ousted President Mohamed Mursi's Muslim Brotherhood.
Spain's banking aid program is on track and its economy is stabilizing, despite the difficult macroeconomic conditions, the European Commission said on Wednesday.
The European Commission will propose creating an agency to salvage or shut failed banks, but its power to clean up the euro zone's financial sector will be tempered by resistance from Berlin.
Since the financial crisis, the world's wealthy have increasingly parked their cash in tangible items like fine art in order to preserve capital - but some analysts are warning of an art market bubble.
Italy's credit downgrade should be viewed as a "wake-up call" by the country's fractious government, analysts told CNBC - but they remained divided over whether the announcement would have any impact in Rome.
The private banking sector is showing improving signs of life as new money flowing into the sector sees a significant rebound, with UBS once again taking the top spot in a global poll of wealth managers.
The Greek government submitted a draft law to parliament on Tuesday, to quickly pass policies to meet the conditions for the release of further bailout funding.
The European Central Bank's guidance on interest rates extends beyond 12 months, and the bank could pursue other measures to shore up the euro zone, ECB policymaker Joerg Asmussen said.
Wilbur Ross, the U.S. billionaire who has made 65 percent profit on his 2011 investment in a struggling Bank of Ireland (BOI), said he is likely to bid for financial assets in Spain.
The euro has been expected to fall against a broadly robust U.S. dollar for some time and it finally appears to be succumbing to sustained selling pressure.
Europeans worry more about unemployment than any other social or economic problem, such as inflation. Who topped the list? The GlobalPost reports.
Sterling fell to a three-year low against the dollar on Tuesday, as weak data raised concerns that an economic recovery in the U.K. was still some way off.
European politicians backed proposals to increase the number of women on the boards of top European companies on Tuesday.
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Jinn is an app that allows users to order anything from any shop in London and get it delivered within 60 minutes, explains co-founder and CEO, Leon Herrera.
Andrew Wood, an associate fellow at Chatham House, discusses the latest developments in the Ukraine crisis and what can be done to stop Russian aggression.
European closed mostly flat on Friday the U.K. raised the odds of a terrorist attack on its soil to "severe" from "substantial".