Ukraine declared that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border.» Read More
George Osborne's attempt to slash £11.5bn off public spending in election year has run into cabinet trouble, after ministers identified only £2.5bn in cuts to their budgets.
As the school year draws to a close, report cards are in for some of the world's most influential central bankers as well. Here's who passed with flying colors and who didn't make the grade.
Traditional parties that make up Italy's coalition government will become history, Beppe Grillo, the leader of the anti-establishment "Five Star Movement" told CNBC.
Spain may have sank deeper into recession in the first quarter, but the executive director of the euro zone's largest bank says the economy will bottom out this quarter and sees green shoots appearing.
Bruce Kasman, Chief Economist & Managing Director of Global Research at JP Morgan says that the global environment is shifting in favor of risky assets with reduced tail risks after global central bank moves.
Germany's lower house of parliament approved Croatia's entry to the European Union on Thursday, clearing the last formal hurdle for the former Yugoslav republic to enter the bloc.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as shares turned negative after downbeat economic data from the U.S.
Louisa Bojesen takes you through the European market close, where stocks are slightly lower after US earnings data.
The Royal Bank of Scotland said it would cut 1,400 jobs over the next two years as it continues to restructure its operations.
Nader Mousavizadah, co-founder of Macro Advisory Partners, tells CNBC that France is up against some deep structural challenges.
David Beckham is retiring from soccer after the season, ending a career in which he become a global superstar since starting his career at Manchester United.
French President Francois Hollande called on Thursday afternoon for a euro zone government with its own budgetary capacity, a harmonized tax system and a president.
The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.
Watchmakers Swatch Group and Richemont as well as elevator maker Schindler are among Swiss stocks that stand to gain significantly from a potential free trade agreement between Switzerland and China, analysts told CNBC.
France's fall back into recession is likely to pile more pressure on the country's finance ministry, at a time when infighting has already led one senior politician to fuel rumors that Finance Minister Pierre Moscovici could be replaced.
Greek Prime Minister Antonis Samaras headed to China on Wednesday, amid hopes that the world's second largest economy can revive one of the euro zone's most debt laden countries.
As the rally in global equity markets continues, with the S&P 500 closing at a fresh high on Wednesday, Rosenblatt Securities' Brian Reynolds warned that the index is still some way off the 2,500 level.
Costas Michalos, president of the Athens Chamber of Commerce, comments on bilateral talks between Greece and China and why China is interested in investing in the country
One of Britain's smaller banks, championed by lawmakers as an alternative to institutions like Barclays and Royal Bank of Scotland, is floundering. The New York Times reports.
U.K. business experts told CNBC what a U.K. exit from the EU - its biggest trading partner - would mean for the country's businesses and economy.
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A yes vote in the upcoming Scottish independence referendum could lead some insurers to move their headquarters to London, says Mark Nicholson, associate director at Standard & Poor's Rating Services.
The U.S. Federal Reserve remains data dependent and will not bow to hawks, says Mark Haefele, global chief investment officer at UBS, as Janet Yellen continues to make the argument that there is slack in the labor market.
European shares closed lower on Friday as tensions in Ukraine flared up once again. It comes after stocks fluctuated as U.S. Federal Reserve Chair Janet Yellen spoke about the labor market in Jackson Hole, Wyoming.