Stiff competition for its biggest drug and high research and development costs have pushed Merck to adopt a cautious outlook, the German firm said.» Read More
Massive protests against Viktor Yanukovich hammered Ukraine's financial markets on Monday, increasing the risk of a currency crisis.
ThyssenKrupp is selling its U.S. plant to two rivals in a long-awaited deal to help extricate the German steelmaker from an ill-fated boom-year expansion plan.
The issuance of junk bonds, otherwise known as speculative-grade debt, has surged a "phenomenal" 98 percent in the last year, according to S&P Capital IQ.
The burgeoning U.K. economic recovery is expected to lead to raised forecasts, but Chancellor George Osborne is unlikely to ease up on austerity.
Manufacturing in the euro zone accelerated at its fast pace in two and a half years in November despite disappointing data from France.
Chinese state-backed investors are eying a stake in a U.K. bank, and have hired lawyers in London to examine their options, sources told CNBC.
European shares may be a consensus pick for 2014, but Morgan Stanley downgraded the region's equities to Neutral, expecting them to run out of steam.
At least seven people died and three were injured when a Chinese-owned clothing factory in the Italian town of Prato burned down on Sunday.
Better-than-expected inflation data from the euro zone did little to dispel fears of deflation, with analysts still expecting the ECB to introduce new policy measures.
The U.K. city of Birmingham is the fastest growing destination for Brits over the Christmas and New Year period, according to travel website Expedia.
A protest by about 300,000 Ukrainians angered by their government's decision to freeze integration with the West turned violent Sunday. NBC reports.
A police helicopter crashed into a pub in Scotland on Friday, causing multiple injuries.
The Dutch Finance Minister Jeroen Dijsselbloem has told CNBC he takes the downgrade of his country's credit rating by Standard & Poor's seriously.
The amount of banking staff earning over 1 million euros ($1.36 million) soared last year in the United Kingdom, dwarfing that in other European Union member states.
EU and IMF lenders backing Greece have called off a planned visit to Athens next week, a move that may delay the payment of further loans to the country, officials told Reuters.
Standard & Poor's lowered its credit rating for the Netherlands to AA plus from AAA.
Ukraine's President failed to salvage an ambitious free-trade pact with the EU, despite a warning that Ukraine was risking its future by turning its back on the deal.
Improved sentiment towards the U.K. economy is driving a boom in champagne consumption, as the bubbly beverage fast becomes an "everyday" drink.
As December approaches, so do the Christmas adverts. And usually, the bigger the budget, the bigger the impact... but maybe not this year.
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John Chen, CEO of Blackberry, talks about whether Samsung is more strategically important than iOS to Blackberry.
Klas Bendrik, CIO of Volvo, discusses the carmaker's development of its autonomous car and its new partnership with Ericsson.
Rivada Networks CEO, Declan Ganley, told CNBC at Mobile World Congress that Europe needs to streamline its telecom regulations.