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  • Berlusconi wants community service instead of jail Friday, 11 Oct 2013 | 3:38 PM ET
    Silvio Berlusconi

    Berlusconi has formally asked to do a year of community service rather than be jailed or put under house arrest after his conviction for tax fraud.

  • A British court will this week consider whether attempted manipulation of the benchmark interest rate Libor can invalidate loans and other deals.

  • The dollar's role as the world's leading reserve currency is at risk due to the political impasse in the U.S., a European Central Bank official said.

  • Washington shutdown hits UK contractors Friday, 11 Oct 2013 | 11:07 AM ET

    Hundreds of employees from some of Britain's biggest contractors are temporarily out of work, as a result of the U.S. political stalemate that has led to a partial shutdown of the country's government.

  • Landsdowne grabs huge stake in Royal Mail sell-off Friday, 11 Oct 2013 | 2:42 AM ET

    Hedge funds and sovereign wealth funds take the lion's share in the Royal Mail privatization as shares soar in conditional trading.

  • Energy leaders warn of blackouts across Europe Friday, 11 Oct 2013 | 5:36 AM ET

    The European Union needs to change its policies toward energy subsidies, regulations and emissions targets, the chief executives of Europe's leading energy companies told CNBC on Friday.

  • Sterling watchers wary of 'shaky' UK recovery Friday, 11 Oct 2013 | 7:55 AM ET
    Pound coin

    Sterling may be near nine-month highs against a basket of currencies but for some forex strategists, time is running out for the pound's rally.

  • Wal-Mart’s UK store sparks coupon stampede Friday, 11 Oct 2013 | 8:12 AM ET

    Shoppers across Britain are anxious to see if their Asda grocery deliveries will arrive, after cashing in £50 ($80) vouchers accidentally issued by the supermarket.

  • Lights, camera, action! London's film fest launched Friday, 11 Oct 2013 | 7:46 AM ET

    As Hollywood stars hit the red carpet in London for the capital's annual film festival, one British filmmaker told CNBC the film industry was undergoing a transformation that will allow it to survive.

  • Iberdrola CEO: Miliband lacks 'knowledge and power' Friday, 11 Oct 2013 | 7:55 AM ET
    Labour Leader Ed Miliband

    The Chairman and CEO of Spanish energy company Iberdrola has criticized U.K. opposition leader Ed Miliband for threatening to freeze energy bills for consumers.

  • Italy seeks Alitalia rescue as creditors circle Friday, 11 Oct 2013 | 2:12 AM ET

    Alitalia, the Italian national airline that has made a profit only a few times in its 67-year history, once again risks collapsing as the government scrambles to find investors willing to rescue its problem child.

  • UK whistleblowers could get US-style payouts Thursday, 10 Oct 2013 | 5:51 AM ET

    Workers who become witnesses for the U.K. state in cases of corporate crime could be in line for payouts, under new proposals being considered.

  • Where are the ultra-rich finding their next home? Thursday, 10 Oct 2013 | 8:00 AM ET
    View of seaport in the sunlight, Villefranche-sur-Mer, Cote d'Azur, South France

    The French Riviera hasn't lost its cachet, topping the list of prime residential enclaves for the ultra-wealthy, according to research from Savills.

  • Head-over-hoof: Horse sells for record $8 million Thursday, 10 Oct 2013 | 10:03 AM ET

    For Tattersalls bloodstock auction in Suffolk, U.K., selling thoroughbred racing horses is big business. This week has demonstrated just how big.

  • Russians in $200K bar tab battle or 'receipt porn?' Thursday, 10 Oct 2013 | 9:08 AM ET

    Two Russian multimillionaires racked up a $207,116 bill between them in a head-to-head contest at a London nightclub, to see who could amass the biggest bar tab.

  • Jimmy Choo lacked 'creative vision' for shoe design Thursday, 10 Oct 2013 | 2:01 AM ET

    Tamara Mellon, the co-founder of the luxury brand Jimmy Choo, told CNBC that her former business partner Choo did not have the "creative vision" to design shoes.

  • British public flock to Royal Mail share offer Thursday, 10 Oct 2013 | 1:28 AM ET

    Britain's biggest privatization in decades captured the imagination of the public, with 700,000 individuals applying for seven times the number of Royal Mail shares on offer to private investors.

  • Breakaway rugby championship seeks a better deal Thursday, 10 Oct 2013 | 7:42 AM ET

    The breakaway Anglo-French rugby championship will take on the the Heineken Cup by being a "better deal", the Saracens chairman told CNBC.

  • Yuan moves one step closer to global currency Thursday, 10 Oct 2013 | 8:33 AM ET

    China launched a currency swap deal with the euro zone on Thursday, in the country's latest push to transform the yuan into a major world currency.

  • Berlusconi’s girlfriend spills the beans… Thursday, 10 Oct 2013 | 6:28 AM ET
    Former Prime Minister Silvio Berlusconi with his girlfriend Francesca Pascale.

    The latest girlfriend of Silvio Berlusconi has discussed the chaotic nature of life at home with the former Italian prime minister, who is 49 years her senior.

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