The ECB faces another task: Dealing with Greece. Syriza is seen in power after Sunday's election, and has plans for how to deal with Greece's debt.» Read More
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.
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.
Hedge funds and sovereign wealth funds take the lion's share in the Royal Mail privatization as shares soar in conditional trading.
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 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.
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.
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.
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.
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.
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.
The French Riviera hasn't lost its cachet, topping the list of prime residential enclaves for the ultra-wealthy, according to research from Savills.
For Tattersalls bloodstock auction in Suffolk, U.K., selling thoroughbred racing horses is big business. This week has demonstrated just how big.
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.
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.
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.
The breakaway Anglo-French rugby championship will take on the the Heineken Cup by being a "better deal", the Saracens chairman told CNBC.
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.
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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At Davos, Ivan Vatchkov, CIO of Algebris, says the reform of the "populari" banks makes the banking environment in Italy "considerably more investment friendly."
At Davos, Ivan Vatchkov, CIO of Algebris, discusses the recent launch of quantitative easing in Europe.
At Davos, Sir Mike Rake, President of Confederation of British Industry (CBI) and chairman of BT Group says that the benefits of staying in the European Union outweigh the costs.