Greece failed to reach a deal with the EU and IMF to unlock aid after the creditors dismissed reforms from Athens as ideas rather than concrete plans.» Read More
Tiffany & Co on Sunday cut its full-year outlook following a Dutch court ruling that it must pay Swatch Group $448.79 million in damages.
US contracting companies should be barred from passing sensitive information to US security services, a spokesman for Merkel's conservatives said.
At an emotional press conference Khodorkovsky vowed to do all he can to ensure the release of political prisoners, the Associated Press reports.
Brussels reacted furiously to claims that the UK and US spied on the European commissioner in charge of sensitive antitrust cases.
Champagne corks popped around Spain on Sunday as jubilant winners celebrated scooping up prizes in the country's famed Christmas lottery.
Mikhail Khodorkovsky's release after 10 years in jail reflects Putin's consolidation of power in Russia.
The International Monetary Fund issued a scathing report on Ukraine's financial situation, the New York Times reports.
Documents leaked by Edward Snowden reveal that allies were among more than 1,000 surveillance targets in recent years, NYT reports.
The creation of a new union for Europe’s banks has already been subject to more negotiations than a billionaire’s pre-nup agreement.
The global economy is being pushed "inexorably toward the next crash" due to weak international banking rules.
News that Vladimir Putin plans to pardon the former head of Yukos shocked even the most optimistic businessmen in Russia.
It's hard to find a spot in Russia without snow. "But Putin found such a spot and decided to hold the Winter Olympics there," says one Russian critic.
European leaders are beginning a two-day summit on Thursday in an attempt to sign off on a banking union deal before the weekend.
AstraZeneca has agreed to buy Bristol-Myers Squibb's stake in the companies' diabetes joint venture in a deal worth $4.1 billion.
Investors hunting for bargains in southern Europe must proceed with caution to avoid some crisis hot spots, financial experts say.
Brazil awarded a $4.5 billion contract to Saab AB on Wednesday to replace its aging fleet of fighter jets.
Russian President Vladimir Putin said he would soon pardon jailed oil tycoon Mikhail Khodorkovsky, who still has eight months left to serve in jail.
British retail sales rose last month recovering from a fall in October, helped by shoppers buying warm clothes.
Investors are still betting big on sovereign debt from struggling euro zone countries even as European banks offload their investments.
In the first speech of her third term, German Chancellor Angela Merkel urged European partners towards a treaty change.
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Amrita Sen, chief oil analyst at Energy Aspects, told CNBC that she can't see the oil price dropping further this year as demand is "phenomenal."
Petros Doukas, former deputy finance minister of Greece, told CNBC that the country needs a "tsunami" of investment in order to grow.
Petros Doukas, former deputy finance minister of Greece, told CNBC that the country needs to introduce an aggressive reform package and pick up from the current government's "snail pace."