Pfizer's attempt to take over AstraZeneca through a $110 billion bid would have run aground on changes to U.S. tax laws, even if the companies had reached a deal.» Read More
Class action lawsuits like the ones BP is facing in the U.S. are a "business model" that serves only to benefit attorneys, the chief executive of BP told CNBC.
France's Schneider Electric is nearing a 3.3 billion pounds ($5.07 billion) deal to acquire British engineer Invensys and could announce the agreement at its results on Wednesday, three people with direct knowledge of the matter said.
There is no better time to be in the media business than right now and Western Europe is looking like a new emerging market, said Discovery CEO David Zaslav.
Violence has continued across Egypt over the past 24 hours, as European Union foreign policy chief Catherine Ashton confirmed on Tuesday that she had met ousted President Mohamed Morsi.
An improvement in economic sentiment in the euro zone area adds to evidence that the crisis in the region is easing, analysts said on Tuesday, but the recovery remains weak.
The International Monetary Fund on Monday approved a further 1.7 billion euros in funds for Greece's bailout program after completing the fourth review of the euro zone state.
German consumer confidence rose to its highest level in nearly six years, shoring up expectations that household spending will help it withstand weak demand for its exports.
Despite contracting for the eight consecutive quarter in the second quarter of 2013, Spain's economy was signaling that it could return to growth soon, analysts said.
Spain's biggest bank Santander on Tuesday said net profit rose 29 percent in the first six months of 2013 to 2.25 billion euros ($2.98 billion).
Business confidence among European CEOs bounced to a two-year high in the second quarter, according to a new survey, with these executives now more optimistic than those in Latin America.
The beleaguered euro zone economy is set for a comeback this year, and that should drive stocks in the region higher by up to 10 percent in the coming weeks, analysts told CNBC.
The Archbishop of Canterbury's attempt to take on controversial pay-day lender Wonga exposed the Church of England to accusations of hypocrisy, but it shouldn't deter the Church.
Police are searching for a man who was wearing gloves, a cap and a scarf to mask his face while sneaking into the diamond show in a luxury Cannes hotel.
Barclays will on Tuesday launch a rights issue to raise more than £5 billion as the UK bank moves fast to come into line with British regulatory requirements on leverage.
The European Commission told Italian lender Monte dei Paschi di Siena to beef up a restructuring plan before it can be given approval for a $5.3 billion bailout.
Abercrombie & Fitch, famous for its shirtless male models, should brace itself for more discrimination challenges in Europe related to its recruitment practices, lawyers told CNBC.
Saudi billionaire Prince Alwaleed bin Talal warned that the Gulf Arab kingdom needed to reduce its reliance on crude oil and diversify its revenues.
One of the largest magazine retailers in the U.K. has ordered magazines with overt sexual imagery to cover up their front covers with "modesty bags" or risk being withdrawn from sale.
Congress is poised to increase the economic pressure on Iran and its nuclear program in a vote expected to take place late next week.
The number of investors who think a country will leave the euro zone soon has dropped by two thirds in the year since the head of the bloc's central bank promised to safeguard the currency.
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Russian billionaire, Alisher Usmanov, talks about his love of fencing and how it helped him in the investment and business world.
If Switzerland votes "yes" in the Swiss gold referendum, this could compromise the central bank's credibility and its ability to maintain its currency cap, says Nitesh Shah, gold analyst at ETF Securities.
Tony Hicks, chief international officer at LeapFrog, says toy sales escalate in November and December.