Mark Reilly, former chief of GSK in China, will be deported from the country, avoiding jail time there in a corruption scandal, sources say.» Read More
UBS, the biggest Swiss bank, is the target of a widening tax evasion investigation in France, a spokeswoman for the Paris prosecutor's office said.
Sub-Saharan Africa has typically been classified as a natural-resource play for foreign investors, but its real potential rests with the region's middle class, top executives told CNBC.
Despite posting record unemployment figures in the first quarter of this year, Spain and Italy’s CEOs are the best paid in the euro zone.
Angela Ahrendts, the chief executive of luxury fashion brand Burberry, has become the first woman to top the list of highest paid CEOs in Britain, according to a survey of the U.K.'s largest listed companies.
AstraZeneca is to buy U.S. respiratory drug specialist Pearl Therapeutics for up to $1.15 billion, as Britain's second biggest drugmaker steps up a drive to rebuild its product pipeline via deal-making.
Orange CEO Stephane Richard was held for questioning on Monday over his role in a 2008 arbitration process that resulted in a large pay-out to businessman Bernard Tapie.
Turkey faced fresh turmoil on Monday, as the lira weakened against the dollar and trading in the Istanbul stock market was delayed following a glitch.
The ECB's bond-buying program, widely credited with drawing a line under the region's crisis, is to undergo scrutiny in Germany's top court this week, prompting fears that the judges could put restrictions on the plan.
Some of the most famous tax havens in the world are in the heart of Europe, where a history of banking secrecy has created opportunities for large savings. But these havens are under increasing pressure to unlock their secrets.
Europeans are increasingly learning Chinese to boost their career prospects, but recruitment firms warn difficulties mastering the language, plus the insularity of European business, means those efforts may be misdirected.
Despite record unemployment in the continent, anemic growth at best and a manufacturing sector in contraction territory, French President Francois Hollande said the euro zone crisis is over.
One of the bitterest fights in monetary policy lands in court this week: did the European Central Bank's pledge to save the euro last year undermined the constitution? The Financial Times reports.
Chancellor Angela Merkel urged European Union countries to carry out further structural reforms, saying Germany could only remain in good shape if the European economy recovers.
Turkish Prime Minister Tayyip Erdogan's AK Party ruled out early elections as tens of thousands of anti-government demonstrators defied his call for an immediate end to protests.
South Africans prayed for Nelson Mandela's recovery on Sunday as the 94-year-old former president spent a second day in hospital.
Princess Madeleine of Sweden will marry New York banker Christopher O'Neill this weekend in a lavish ceremony expected to draw royalty from around the world.
A leading think tank in the U.K. has said it will not just be the 2015 election that hinges on austerity measures but the 2020 one too.
Germany's Bundesbank cut its growth outlook for Germany, as it sees exports rising slower than imports, but added that the country could see strong growth in the second quarter of this year.
Market concerns over Federal Reserve tapering, a weak patch in global economic data and a slower than expected recovery are not the start of a major "pull down", Goldman Sachs told CNBC.
A highly critical report by U.K. lawmakers has shone a light on deficiencies in the government's ability to spot national security risks after a deal struck between BT and Chinese mobile giant Huawei in 2005.
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Todd Horwitz, author and founder of Averagejoeoptions.com, says the U.S. equity market is "very close to a top" and could start to see some selling pressure.
Josef Schuster, founder of IPOX Schuster, and Jeffrey Dachis, CEO and co-founder of Razorfish, discuss the Alibaba IPO and whether the group will be able to continue to grow as it has so far.
Donald Luskin, CIO at Trend Macro, says the Fed's latest statement implies the bank "will be easy forever" and that the Alibaba IPO suggests that it might be time for correction.