The President of the ECB is back in the spotlight as he testifies in front of policymakers amid and questions over the effectiveness of his policies.» Read More
In a prescient piece of research just hours before the ECB said it would keep rates low for an extended period of time, Goldman Sachs said the ECB could launch fresh monetary easing measures within months.
The ongoing political turmoil in Portugal has raised fears the country will have to hold new elections. But the country's former Prime Minister Pedro Santana Lopes has told CNBC that new polls won't change anything.
London is set to become an international haven for U.S. burger lovers as two of the country's popular chains open stores in the U.K. capital.
European asset managers breathed a sigh of relief on Wednesday as Brussels ditched plans to impose a remuneration cap on fund managers.
President Barack Obama sought to allay concerns from German Chancellor Angela Merkel about reported U.S. spying on European allies and agreed to a meeting.
As Greece looks set to miss a key reform deadline set by international lenders, a Greek government minister said it wasn't Greece's fault that it couldn't live up to the demands of a flawed bailout program.
The euro fell to a five week low against the dollar as European Central Bank President Mario Draghi said key rates would remain at present or lower levels for an "extended period of time."
Egypt's benchmark stock exchange surged on Thursday and oil prices eased on relief after the ouster of Mohammed Morsi as Egypt's president didn't result in large-scale violence as some had feared.
The Bank of England kept its main interest rate unchanged on Thursday but warned that rising bond yields would weigh on its current outlook for growth, which led to a sharp weakening of the sterling against the dollar.
Concerns that a political crisis in Egypt could disrupt oil supplies from the Middle East could boost crude a further $4 to $5 a barrel if violence continues, analysts say.
A Turkish court has cancelled an Istanbul building project backed by Prime Minister Tayyip Erdogan which provided the trigger for nationwide anti-government demonstrations last month, a copy of the court decision showed.
Renewed uncertainty in the euro zone may have put the euro under pressure, but analysts say it's the ECB meeting, not developments in Portugal, that pose a bigger risk to the euro.
Barclays CEO Antony Jenkins has denied any conflict between his bank and its regulators, even as the U.K. banking giant tries to fend off pressure to meet stricter capital requirements.
A senior London bank executive was arrested on Wednesday on suspicion of tax fraud, according to the tax authority. The Financial Times reports.
Portugal's Prime Minister Pedro Passos Coelho said he was confident of overcoming the political problems and would not resign after the country's stock market tumbled and bond yields spiked.
The longer Russia can keep perpetuating the Snowden confusion, the better for them.
The European Central Bank, eyeing tentative signs of euro zone economic recovery, is expected to eschew an major decisions on Thursday and keep its easy-money policy in place.
Latvia is set to join the euro, after the European Parliament voted in favor of its inclusion in the single currency zone.
The U.K.'s energy regulator proposed new rules to combat electricity theft, revealing that up to one-third of electricity stolen each year is used to power cannabis farms.
With the Tour de France underway, the 198 riders competing in this year’s bike race will have their sights firmly focused on the finish line in Paris. But getting there requires more than extraordinary endurance; it requires cash.
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Labour politician Diane Abbott comments on the Shadow Chancellor's speech and on raising the U.K. minimum wage.
Guy Foster, group head of research at Brewin Dolphin Wealth Management, discusses the ECB's TLTRO and says the central bank will have to take "some very dramatic action".
Bruno Monteyne, senior analyst at Bernstein, says Tesco's accounting error was not a big surprise and that the group is in a "really tricky situation".