Alstom SA has pleaded guilty and will pay $772 million in criminal penalties to settle bribery charges with the U.S. Justice Department.» Read More
But there is more at stake in the Champions League than a shiny trophy. The tournament is critical for a club's financial success and poor performance could have a big impact on a team's economic health, according to analysts.
Musician Meat Loaf, actress Judi Dench and Queen guitarist Brian May have joined forces in an unusual alliance in the U.K. to protest against a pilot scheme to cull badgers.
President Francois Hollande has said he believes French economic growth in 2014 will be stronger than expected in official forecasts, as he fended off criticism of his economic reforms.
Business confidence and economic sentiment in the euro zone saw a sharp improvement in August, but unemployment remained at a record high across the 17-nation bloc, putting a dampener on expectations for the region's economic recovery.
The U.K. Parliament's rejection of military action over Syria is a major turning point away from the U.S., according to one U.K. lawmaker.
America Movil said it remained committed to its 7.2 billion-euro ($9.52-billion) takeover bid for Dutch group KPN but would withdraw it if a foundation prepared to block the deal kept its current stance.
L'Oreal's rumored buyback of Nestle's 29.5 percent stake in the French cosmetics giant looked far from a done deal on Friday, with Jean-Paul Agon, chairman and CEO of L'Oreal, telling CNBC that the ball was in the Swiss food giant's court.
"[T]he British Parliament, reflecting the views of the British people, does not want to see British military action," UK Prime Minister Cameron said.
He broke the mold with forward guidance - now, new Bank of England Governor Mark Carney is setting trends with his clothing.
Britain's government has published internal legal advice which it said showed it was legally entitled to take military action against Syria, even if the UN blocked such action.
Germany's youth apprentice schemes have been hailed as the country's biggest weapon against youth unemployment, and some argue they boost the economy too.
Shares of U.K. telecom firm Vodafone surged 9 percent on Thursday after it confirmed discussions with Verizon Communications over its 45 percent stake in their U.S. joint venture Verizon Wireless.
The pressure on Italy's fragile Italian coalition government may have eased after ministers agreed to abolish an unpopular real estate tax, but some analysts warned that this political stability would come at a cost.
Josef Ackermann, the chairman of Zurich Insurance Group, has resigned after indicating that he felt pressured to take part of the responsibility for the death of Chief Financial Officer Pierre Wauthier, the firm announced on Thursday.
Carrefour reported a 4.9 percent rise in first-half recurring operating profit as a sharp improvement in the profitability of its core French business offset weakness in Spain and Italy, and in Asia.
The world's oldest international film festival, which kicked off on Wednesday, is becoming an increasingly important launch pad for small-budget films, according to industry experts.
The Bank of England would consider injecting further stimulus into the economy if rising bond yields threaten its recovery, central bank governor Mark Carney said.
An imprisoned drug dealer faced further bad news when he was asked to pay income taxes on his illicit activities,while still in jail.
Revelers had to pay to take part in Spain's annual tomato-throwing festival for the first time, as the country's economic crisis continues to grip local towns and villages.
The newest additions to the English dictionary are likely to make language purists "vom," as "selfie" and "phablet", are among hundreds of new words that have been added to Oxford Dictionaries Online.
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Steve Pollard of Marex Spectron says coffee shipments from Brazil have been higher than expected, due to previous years' surpluses.
Every time the oil price looks positive or stable "out comes something negative," says Richard Mallinson, analyst at Energy Aspects.
Russia has been dominating the news recently and its economy is not looking good. Anastasia Nesvetailova, director at City University's political economy research centre explains more.