Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.» Read More
France must improve its relationship with Germany, the leader of France's opposition party said on Wednesday, following speculation about a rift between the countries' leaders.
European equities relative to their U.S. counterparts are the cheapest they have been for 25 years, and analysts predict there is still 15 percent upside in the S&P 500.
Rebekah Brooks, a former executive to Rupert Murdoch and a close friend of Prime Minister David Cameron, pleaded not guilty in a London court on Wednesday to charges related to phone hacking.
Latvia is due to get the green light to become the 18th member of the euro zone on Wednesday, prompting questions over why the small, economically successful Baltic nation wants to join the troubled currency union.
As Her Majesty the Queen celebrates 60 years since her coronation, another formidable bastion of power and dominance passes its own Diamond Jubilee: the Bilderberg Group meets in Watford, U.K. this week for the 61st time.
Europe's economic woes eased slightly last month, but a chronic shortage of new orders means an economic recovery in the euro zone still looks some way off.
China launched an anti-dumping and anti-subsidy probe in European wine on Wednesday in response to the European Union's decision to impose duties on imports of Chinese solar panels.
Parliament's subsidised cocktails stirred up outrage amongst the Spanish public. So the heads of political parties agreed to take them off the menu.
Tesco, the world's third-biggest retailer, slipped back to an underlying sales decline in the U.K. in the first quarter, raising doubts about a costly recovery plan for its home market.
Local councils in Northern Ireland have painted fake shop fronts and covered derelict buildings with huge billboards to hide the economic hardship being felt.
The European Union is to impose duties on imports of Chinese solar panels from Thursday, but announced a dramatically reduced initial rate after pressure from some large member states.
European firms face a "mass employee exodus" over the next three years as the economy in the euro zone recovers and workers search for better opportunities, new research has found.
Following UK firm IGas' news that a larger amount of shale gas than previously thought may be available in the north of England, the British Geological Survey (BGS) has urged caution.
Euro zone producer prices fell further in April on a sharp decline in energy costs figures released on Tuesday showed.
Punitive tax regimes, increased labor market regulation and a growing lack of trust in governments are causing many Europeans to enter into the murky, illicit world of shadow economies.
The International Monetary Fund has praised France's reform efforts in a review of the country which appears to be in stark contrast with the European Commission's comments last week.
France's culture minister has attacked Amazon, the online retailer, for deliberately undercutting traditional rivals to create a "quasi-monopoly", the FT reports.
Dutch grocery chain Ahold quadrupled a share buyback to 2 billion euros ($2.6 billion) on Tuesday to redistribute excess cash following the sale of a stake in Swedish retailer ICA.
As Russia's economic growth slows, analysts and business leaders have warned of deep and wide-reaching political consequences if the situation deteriorates further.
Despite experiencing the coldest spring in 50 years, U.K. consumers beat the weather by posting a rise in retail sales, according to a new survey released Tuesday.
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The "iconic London building", the Gherkin, has been put on the market for $1.1 billion. Julian Stocks, partner at Deloitte Real Estate, comments on potential buyers and the London office sector.
Carlos Caicedo, principal analyst at IHS Country Risk, says that Argentina defaulting and then restructuring its debt a few months later could lead to capital flight, currency fluctuations and social unrest.
Hans Humes, founder and CEO of Greylock Capital, discusses Argentina's bond woes and says holdout bondholders need "some kind of gesture" from the country.