Britain's Royal Mail Group said it would have to rely on cost control measures and letters sales to meet full-year expectations.» Read More
Russia's leading online social network was briefly banned on Friday, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company.
CNBC's Ross Westgate reports on all the market moving events from Europe, including
U.K. banks are still lending too little to the real economy, according to Andrew Haldane, the BoE's executive director for financial stability.
A plane travelling from London to Oslo was forced to make an emergency landing after a fault in one of the engines.
German business morale rose far more than expected in May, suggesting Europe's largest economy is picking up steam after posting anaemic growth in the first quarter.
One thing the world's central bankers can take away from this week's market volatility: They need to do a better job of communicating.
European shares opened higher on Friday, following a volatile session in Asia.
David Mackie, chief European economist at JPMorgan and Andrew Sentance, senior economic adviser at PwC, explain why the U.K should remain a member of the EU.
A magnitude 8.2 earthquake struck Russia'a Far East in the Sea of Okhotsk off the Kamchatka Peninsula, according to the U.S. Geological Survey.
Mario Draghi, head of the European Central Bank (ECB) insisted that the euro zone was more stable than a year ago but that the region needed more integration - and the U.K should be a part of that.
Holger Schmieding, chief economist at Berenberg Bank, says the overall global economic picture is improving with Europe slowly pulling out of recession and the U.S. private sector looking more solid.
European shares closed sharply lower on Thursday, after a huge 7.3 percent drop in Japan's Nikkei index. The sell-off was sparked by weak China data and fears the Federal Reserve may end its asset-purchasing program sooner than expected.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including
Louisa Bojesen takes you through the European market close, where stocks are sharply lower.
Two British men of Nigerian descent accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries were known to security services.
A poll of 26,000 people across 25 countries has revealed the world's most popular nation—and given the ongoing euro zone crisis, the result might come as somewhat of a surprise.
An international study on recessions and governments' responses to them has found that cuts to healthcare systems prompted by fiscal austerity are making matters far worse - for both governments and society.
Japan is in the middle of a "big monetary experiment," from which market volatility should be expected, Ben Broadbent, a member of the Bank of England's Monetary Policy Committee, told CNBC.
The downturn across euro zone businesses eased slightly this month, although a dearth of new orders means the bloc's economy is likely to contract again in the second quarter, business surveys showed on Thursday.
Rob Dobson, senior economist at Markit, tells CNBC that the key take away from the Eurozone PMIs is that we are still in a downturn.
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Shari Olefson, real estate attorney and author of "Foreclosure Nation", says there are still "two major headwinds" for U.S. home sales ahead of the release of the latest existing home sales data.
Andrew Burkly, head of institutional portfolio strategy at Oppenheimer & Co., says the U.S. earnings season has been "really good" so far and discusses which sectors offer the best value.
Mark Thompson, director for south east Asia research centre at City University of Hong Kong, discusses the Indonesian presidential race as Joko Widodo is expected to be announced as the winner.