The European Central Bank is considering buying corporate bonds on the secondary market, deciding as soon as December.» Read More
Italy's supreme court rejected Berlusconi's final appeal and upheld his jail sentence in a blow to the former prime minister that could throw the country's government into crisis.
Investors should view Egypt's political crisis as a buying opportunity and get in "sooner rather than later", the country's finance minister told CNBC on Thursday.
European Central Bank President Mario Draghi on Thursday repeated interest rates would remain at present or lower levels for an extended period of time, a move the bank hopes will support a recovery in the euro zone later this year and in 2014.
Amid growing signs of a recovery in the U.K. economy, one currency strategist says the best way to position for the rebound is to sell the euro against sterling.
U.K. homes could soon be powered for nothing at the weekends, if radical plans by energy supplier British Gas are implemented.
The Bank of England opted to maintain its main interest rate at 0.5 percent and keep its asset purchase program on hold, but did not issue a statement about future policy following the decision.
Rome's mayor is seeking to ban private traffic on a roadway from the central Piazza Venezia to the Colosseum, prompting a histrionic debate.
Spanish Prime Minister Mariano Rajoy acknowledged on Thursday he made a mistake in his handling of a major corruption scandal in the ruling centre-right People's Party, but vigorously denied he had received illegal payments.
In the midst of political turbulence, forthcoming elections, austerity and even a corruption scandal, Europe's leaders are set to take their annual vacation from the hurly-burly of political life.
Some of Europe's largest banks reported better-than-expected earnings on Thursday, despite difficult trading conditions in the region, as a big week for bank results nears its end.
British manufacturing grew at its fastest rate in more than two years at the start of the third quarter and looks set to help the recovering economy gain momentum, a survey showed on Thursday.
Royal Bank of Scotland is looking to appoint its former head of retail banking, Ross McEwan, as the new chief executive to replace Stephen Hester.
Frédéric Oudéa, chief executive of Societe Generale (SocGen) said he was happy with the bank's business performance after the French banking group reported second quarter net profit of 955 million euros ($1.26 billion), above a Reuters consensus of 703 million euros.
Royal Dutch Shell reported a 20 percent drop in second-quarter earnings on Thursday as higher costs, exploration charges, exchange rate effects and challenges in Nigeria took their toll.
Barclays' cash call, aimed at boosting its capital strength and meeting another hefty mis-selling charge, could bode ill for other U.K. banks such as Lloyds, analysts said.
Schneider Electric's takeover of Invensys will be good for both shareholders and customers, its CEO told CNBC, allowing the company to compete more effectively with its rivals.
Italy's largest insurer Generali reported first first-half net profit on Thursday that beat market expectations, its strongest half-year performance in five years.
U.K. bank Lloyds returned to profit in the first half of the year and indicated that it wouldn't be following in the footsteps of rival Barclays by issuing equity to meet capital requirements set by regulators.
Mario Draghi is in favor of publishing the minutes of the bank's monetary policy meetings, which have until now never been released.
The currency markets will be thrown into disarray this week as key monetary policy meetings take place around the world, HSBC's David Bloom told CNBC.
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Jeff Kilburg, founder and CEO of KKM Financial, says it will be "political suicide" if the Federal Reserve reignites quantitative easing.
Lawrence Lundy, ICT consultant at Frost and Sullivan, says iPad sales are falling because they are getting "squeezed" between Apple's Macs and the larger screen iPhone 6 Plus.
Catherine Wood, founder and CEO of ARK Investments, says "high octane" technology companies like Tesla and Netflix are gaining market share in their sectors and are attractive stocks to buy.