Siemens CEO has defended the company's decision to enter the U.S. shale space last year, as the group reported a steep drop in profit.» Read More
London-listed Shire has agreed to buy U.S. company ViroPharma for about $4.2 billion in cash.
BT has defended its lavish spending on exclusive soccer rights to show prime European soccer games, telling CNBC that it did not overpay.
The European Central Bank has cut interest rates but what's really needed to get the region's economy going are flexible labor markets, say experts.
Britain's BT has beaten BSkyB to show Champions League soccer from 2015, in the biggest blow to Rupert Murdoch's TV operator in more than two decades.
The chief executive of Telecom Italia has admitted the company may not be able to avoid further credit downgrades.
Politicians in Europe and Brazil are piling the pressure on the U.S. over its spying program by going to the United Nations (UN).
What's left in President Mario Draghi's arsenal if the bank needs to unleash further accommodative steps after this week's cut?
Ratings agency Standard and Poor's cuts France sovereign credit rating to AA from AA+.
"It's clear that our adversaries are rubbing their hands with glee, al-Qaeda is lapping it up,'' says the chief of Britain's MI6.
Russia's economy will perform far worse than forecast over the next two decades, lagging global growth, business daily Vedomosti reported on Thursday.
The SEC alleged that RBS misled investors in a financial crisis-era subprime mortgage product.
Arguments between Eurotunnel and the European Commission will be sorted out, the chief financial officer of Eurotunnel told CNBC.
The European Central Bank cuts its main interest rate to 0.25 percent from 0.50 percent on Thursday, sending the euro sharply lower.
The Bank of England (BoE) left interest rates at a record low of 0.5 percent and its asset purchase target unchanged at £375 billion as expected on Thursday.
More than 2,000 long-serving staff at Madame Tussaud's and Alton Towers are set to share a cash bonanza, according to sources.
Albert II, the Belgian king who handed the crown to son Philippe in July, has complained that a cut in his annual allowance is "ungrateful" on the part of the Belgian government and financially "problematic" for the former monarch, according to local media reports.
U.S. retailer J. Crew is poised to make its first international debut on Friday.
German engineering conglomerate reports a small rise in fourth-quarter revenue, adding that it expected growth to pick up in 2014.
French banking group Societe Generale reported third quarter net profit of 534 million euros on Thursday, below expectations in a Reuters poll of 583 million euros.
The world's biggest food group Nestle said on Thursday it was selling its Jenny Craig weight management businesses in North America and Oceania to private equity firm North Castle Partners for an undisclosed sum.
Get the best of CNBC in your inbox
As top U.S. officials head to Saudi Arabia, CNBC's Hadley Gamble reports on Saudi Aramco and whether Saudi Arabia will be the "new frontier in shale production."
Lindsey Piegza, chief economist at Sterne Agee, says that she expects the U.S. Federal Reserve to keep rates on hold for longer.
Luis Costa, head of CEEMEA FX and rates strategy at Citi, says that if oil continues to stay at low levels, it would be a "negative catalyst" for Russia's economy.