Pfizer's attempt to take over AstraZeneca through a $110 billion bid would have run aground on changes to U.S. tax laws, even if the companies had reached a deal.» Read More
Italy's coalition government appeared increasingly fragile after premier Enrico Letta struggled to secure a package of spending and tax measures
The British government said on Friday it would offer shares in state-owned Royal Mail at between 260 pence and 330 pence each in its London listing, valuing the company at as much as 3.3 billion pounds.
Mark Carney, the new governor of the Bank of England has said the U.K. economy is recovering and he doesn't see the need for further bond-buying by the central bank.
The black stout is synonymous with Ireland, but despite it all, Guinness' domestic reputation has taken a hit of late. The CSM reports.
Some of the world's biggest technology companies are urging the European Union's leaders to stem the tide of "patent trolls" in Europe.
Giorgio Napolitano pulls out of a political conference, citing the "disturbing" political developments concerning the country's fragile coalition government.
The U.K. is not usually seen as a prime location for second homes, but a growing number of Russians are snapping up real estate on a strip of coastline dubbed “Britain’s Palm Beach.”
EU lawmakers have called for the suspension of a controversial financial data sharing agreement between the European Union (EU) and the U.S. aimed at tracking terrorists' funds.
The European Union politician behind controversial legislation to cap bonus payments dismissed the U.K. government's plans to challenge them on CNBC.
Despite the pro-business tone of France's 2014 budget, the country's largest business lobbying group said the proposals presented by the government on Wednesday were a blow for competitiveness, growth and jobs.
Barclays will stop offering wealth management services in about 130 countries by 2016 and cut jobs
Europe must make a decision as soon as possible on setting up a strong central authority to handle failing lenders, a key plank of establishing a successful banking union, former European Central Bank (ECB) president Jean Claude Trichet urged on Thursday.
Lixil Group has reached a basic agreement to buy Grohe, Europe's biggest bathroom installations maker, for about 400 billion yen ($4 billion).
Greece does not require a third bailout and can cover its needs without further burdening its current backers, by improving the terms of its debt,the deputy prime minister said on Wednesday.
The International Monetary Fund disbursed the next $1 billion aid tranche to Ireland on Wednesday.
Britain is mounting a legal challenge against the European Union's cap on bankers' bonuses, the country's Treasury told CNBC on Wednesday.
France presented its budget for 2014 introducing far-reaching spending cuts and shifting the tax burden from French businesses to households.
As the economic crisis wears on, the asset-rich but cash-poor middle and upper classes are turning to putting up their high-end possessions for short-term loans.
Investors confident in Europe's upturn should consider purchasing bonds from the region's struggling peripheral countries, euro zone analysts said.
ICAP, the world's largest interdealer broker, has been fined $87 million by regulators over its role in the Libor rate rigging scandal.
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Russian billionaire, Alisher Usmanov, talks about his love of fencing and how it helped him in the investment and business world.
If Switzerland votes "yes" in the Swiss gold referendum, this could compromise the central bank's credibility and its ability to maintain its currency cap, says Nitesh Shah, gold analyst at ETF Securities.
Tony Hicks, chief international officer at LeapFrog, says toy sales escalate in November and December.