Part of the company that owns Banco Espirito Santo has applied for creditor protection, meanwhile analysts weigh up chances of a bailout.» Read More
Boris Johnson the Mayor of London, tells CNBC that it would be "totally mad" for Europe to react to its poor economy by going after "bankers in Britain".
Peter Griffin, Head of Global Risk Assessment and Sovereign Fixed Income at Global Interest Rates Limited says the lower yields seen in Europe come on the back of Japanese buying.
Pankaj Ghemawat, Anselmo Rubiralta Professor of Global Strategy at IESE Business School says there are few sources of global growth and thus markets are cheering Japan's stimulus in hope that the country will come out of 2 decades of stagnation. He also discusses the growth outlook for Asia including China and India.
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors expects money to flow into the troubled countries in Europe pushing yields down further.
Large-scale IPOs have hit record levels year-to-date, as new emerging countries enter the market and investors hunt for higher returns.
Bond investors can rest easy as there are few signs of debt markets overheating, according to a report by Moody's Investors Service.
Jack Lew, U.S. Treasury secretary, says Europe needs to find the right balance between austerity and growth and fix its credit market issues to boost its economy.
CNBC's Simon Hobbs reports European stocks were flat on Thursday, as investors react to the the Bank of England's decision to keep monetary policy unchanged.
European shares closed mixed on Thursday after better-than-expected jobs data from the U.S.
Richard Ward, CEO of Lloyd's, highlights that the European Union is very important to the U.K's financial sector but that some of its planned regulations could hurt.
The only company to have fracked for shale gas in the UK, Cuardilla Resources, is set to begin exploratory drilling for oil 31 miles (50 km) south of London.
Hans Redeker, global head of foreign exchange strategy at Morgan Stanley, said the U.K. economic environment points to a weaker British pound, despite stronger-than-expected economic data.
South Africa's Minister of Finance, Pravin Gordhan, has accused the UK of trying to "pass the buck entirely onto the South African side" following the fallout from the UK government's withdrawal of aid.
Asian stocks fell on worries over rising inflationary pressure in China, reports CNBC's Eunice Yoon.
The world of tabloid journalism, London-style, will be showcased in a new television series executive-produced by CNN host Piers Morgan, who is also a former editor of two of Britain's popular newspapers.
The Bank of England left its benchmark rate unchanged at 0.5 percent, a record low, on Thursday. Policymakers also kept the size of the asset purchase program unchanged at 375 billion pounds ($584 billion).
U.K. Prime Minister David Cameron has said the debate over the role of the European Union (EU) wasn't surprising given the "stratospheric" levels of unemployment in countries like Spain.
Neil Atkinson, director of energy research and analysis at Datamonitor, expects oil prices to lower as global oil production continues to increase despite "sluggish" demand.
Nokia unveiled a new mid-range Asha phone priced at $99, aiming to prevent consumers, particularly in emerging markets, from switching to Google's Android as they upgrade from basic phones.
Despite an Italian court ruling that Italy's former prime minister Silvio Berlusconi should go to prison, the leader of the center-right bloc could once again dodge Italy's legal system.
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Tim Graf, head of macro strategy for Europe at State Street Global Markets, says that global confidence, while still high, is deteriorating.
The underlying problems in Europe's southern economies have not been solved, says Hans-Werner Sinn, president at the Ifo Institute. He also criticizes the ECB potential use of quantitative easing.
Nik Stanojevic, equity analyst at Brewin Dolphin, says Iliad's bid to take over T-Mobile U.S. is surprising and that the price is below the U.S. provider's value.