Russia's currency briefly surpassed Ukraine's Hryvnia as the worst performing currency year-to-date, but it isn't clear whether the ruble is undervalued.» Read More
General Electric expects to value its Swiss consumer finance unit GE Money Bank at a total market capitalisation of up to $1.67 billion.
French food group Danone on Wednesday cut its 2013 financial goals after sales in its high-margin baby food division fell a worse-than-expected 8.6 percent in the third quarter following an infant formula product recall in Asia.
Compact, or micro-apartments may be the latest answer to housing shortages, but some Parisian landlords have been accused of taking the trend to the extreme.
English soccer fans were booking their flights to Rio de Janeiro Tuesday evening after a shaky qualifying round finally ended with the national team qualifying for next year's Brazilian World Cup.
German opposition parties on Tuesday accused Angela Merkel of pandering to the car lobby, after her party received major donations from the family that controls BMW.
Professional investors in London do not really think the United States will default on its debt. The NYT reports.
The European Union has failed to heed the lessons from Iceland's banking crisis, Bjarni Benediktsson, the finance minister of Iceland, told CNBC.
Hector Sants has had to take a leave of absence from his new job as head of compliance for Barclays because he is suffering from stress and exhaustion.
The U.K. government urgently needs to review and re-evaluate the costs and benefits of the country's prison system, said economist and former prison inmate Vicky Pryce.
U.K. taxpayers have received a shock, with lawmakers revealing the extent of the costs to refurbish the condition of the Queen's residences.
Two of the euro zone's rescued countries are inching closer to the exit door after three years of scrutiny and austerity.
Alliance Boots has been accused of avoiding a tax bill of over £1 billion ($1.6 billion) since going private six years ago, becoming the latest multinational to come under fire for its tax affairs.
Christopher Bailey will take over from Angela Ahrendts at Burberry, following the latter's departure for Apple.
Italy's forthcoming 2014 budget could spark further political and economic turmoil for the country, analysts warned.
Shareholders in loss-making Italian airline Alitalia approved on Tuesday a capital increase for up to 300 million euros ($407.58 million).
Luxury down jacket maker Moncler said on Monday it had filed a request with the Italian stock market to list its shares in Milan.
Osborne welcomes Chinese banks looking to expand in London, offering to break down regulatory barriers in a bid to reinforce itself as a renminbi hub.
The euro zone debated over who should pay for a clean-up of bust banks, as Franco-German divisions cast clouds over efforts to seal a landmark reform.
Greece said it was looking into the technical matters of issuing a 50-year bond to further restructure its debt and make it more sustainable.
Britain must realize the "economic reality" of staying in the European Union (EU), the head of a manufacturers' group told CNBC on Monday.
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At the EU summit, CNBC's Hadley Gamble talks to Finland's prime minister Alexander Stubb on whether Europe needs structural reform.
Manji Cheto, vice-president of Teneo, explains why the Nigerian central bank has barred banks from dollar holdings.
Discussing last night's presidential vote in Greece, Kyriakos Mitsotakis, minister of administrative reform and e-governance in Greece says he believes that there is still a "fighting chance" for the coalition government to get the 180 votes.