Growing fears of a volcanic eruption Iceland left investors on edge Wednesday with airlines braced for potential disruption.» Read More
Europe's banks, which were among the biggest buyers of U.S. mortgage bonds before the financial crisis, are set to cash in on America's housing recovery by selling the once "toxic" assets back to U.S. lenders.
North Americans may have a reputation for generous tipping, but Germans are actually more likely to tip while on holiday, according to a TripAdvisor survey.
Greece's economy is showing the first signs of a recovery, reducing the odds of it exiting the euro zone, according to a new report from analysts at Berenberg Bank.
Italy's overall jobless rate and youth unemployment edged up in April to the highest levels on record, data showed on Friday.
Demonstrators from the anti-capitalist Blockupy movement will seek to cut off access to the European Central Bank and other financial institutions in Frankfurt on Friday, to protest their handling of Europe's debt crisis.
Russian businessmen and officials close to President Vladimir Putin have stolen up to $30 billion from funds intended for preparations for next year's Sochi Winter Olympics, according to a report released on Thursday by opposition leaders.
As the Bank of England prepares for the tenure of new governor Mark Carney, one industry lobbyist has warned that another debasement for sterling will lead to dangerous inflation.
UBS is set to raise pay for investment bankers by an average 9 percent to entice staff into staying by lifting salaries to market rates.
The new head of the Vatican bank will need plenty of prayer and strength to rescue its scandal-torn reputation.
The U.K. could post better-than-expected GDP numbers over the next three years, thanks to a strong service sector, the British Chambers of Commerce said Friday.
European countries planning a tax on financial transactions are set to drastically scale back the levy, cutting it by 90 percent, in what would be a major victory for banks.
President Francois Hollande pledged to carry out long overdue reforms but said it was up to Paris, not the EC, to determine how they are implemented.
After the banking crisis, oil prices are the next threat to the euro zone, analysts told CNBC, arguing that prices will rise once the shale oil revolution in the U.S. dies down.
The European Commission has referred the U.K. to the EU's Court of Justice for not allowing citizens of the Union residing in the U.K. to receive social security benefits which they are entitled to under EU law.
Global stocks may have been on a wild ride of late but the world's biggest investment bank has told investors they should continue to buy equities.
President Francois Hollande's insistence that the EU executive can't "dictate" reforms to France has outraged Angela Merkel's conservatives, hours before the German leader was due in Paris for talks.
German companies including BMW and BASF are recruiting small numbers of unemployed young Spaniards against a backdrop of chronic youth unemployment in southern Europe and a growing shortage of skilled labour in Germany.
As calls grow for Europe to ease up on its austerity drive, a report on global competitiveness argued that cost-cutting on the continent has halted growth and antagonized the population, creating non-competitive economies.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country, said the CEO of Swiss private bank Julius Baer.
France's Elysee Palace is set to auction off more than $325,000 of wine Thursday. And while some bottles may sell for up to $3,000 a bottle, others might be yours for a mere $20.
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Andy Newland, managing director at Tony Fresko, explains how the use of new technology is helping move this ice cream truck company from a "paper-based business" to a "21st century" business.
Jonny Forsyth, global drinks analyst at Mintel, comments on Heineken and Carlsberg's earnings, and says Carlsberg is now suffering from its heavy exposure to Russia.
DeAnne Julius, chairman at Chatham House and Karen Ward, senior global economist at HSBC, discuss the dissent within the Bank of England regarding the timing of an interest rate hike.