The European Banking Authority, Europe's banking watchdog, said it had decided not to run an EU-wide stress test this year.» Read More
The euro dropped sharply against the dollar on Thursday, with analysts citing concerns over "tapering" and weak data released for the euro zone.
The European Union has long had a reputation for micro-managing. Now the EU has found another pressing matter: toilet flushing.
Hammered by their role in the 2008 crisis and the rigging of the LIBOR, the global banking sector looks set to take another battering.
The European Central Bank will provide more liquidity to avoid a "cliff" effect once long-term refinancing operations (LTROs) – the bank's cheap loans to euro zone banks - come to an end, Governing Council member Ewald Nowotny told CNBC.
BNP Paribas third-quarter net profit beat forecasts on Thursday, up 2.4 percent from the same period a year earlier.
Alcatel-Lucent, the French telecoms giant, just needs “a few additional quarters to really turnaround,” its chief executive told CNBC as it announced reduced losses in the third quarter.
Profits miss forecasts as a weak refining environment and production losses due to disruption in Nigeria weighed on its performance.
Prosecution reveals three ex-members of News International staff have pleaded guilty to phone-hacking as trial gets underway
The United States reprimanded Germany, saying its exporting prowess was hampering economic stability in Europe and hurting the global economy.
Irish Prime Minister Enda Kenny said Ireland's attractive tax regime was "one element" behind tech giants like Google and Facebook locating there.
Like the Tea Party in the U.S. and the U.K. Independence Party in Britain, France's National Front is giving the country's government a massive right-wing headache.
Spain's economy emerged from a two-year recession in the third quarter, according to preliminary data released on Wednesday, signalling that the country's economy is finally in recovery mode.
Barclays on Wednesday reported a 26 percent drop in third-quarter net profit to £1.385 billion ($2.22 billion) as earnings at its investment banking arm dropped sharply.
French drugmaker Sanofi warned on its 2013 profit again as it reported lower-than-expected quarterly results.
From the Baltic to the Black Sea, a chocolate wall has descended across the continent of Europe. The NYT reports.
There is no reason for the European Central Bank to intervene and weaken the euro's exchange rate, which is weighing on some euro zone economies.
CEO hails an "important" nine months for the the U.K. retail lender as third-quarter underlying pretax profit hits of £1.5 billion.
The chief executive of Peugeot Brand told CNBC that the struggling car marker was not in fundraising talks with Dongfeng Motor Group.
Interest – and controversy – has been growing in Spain over some of the biggest untapped gold deposits in western Europe, the FT reports.
The euro zone will continue to have problems for many years to come, says JPMorgan's chief executive Jamie Dimon.
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European equities opened in positive territory on Tuesday as investors take stock of and look ahead to the European Central Bank's meeting on Thursday.
Peter Redfern, CEO of Taylor Wimpey, says government actions around housing have been supportive and haven't fueled a bubble.
Stephen Waldis, CEO of Synchronoss, told CNBC at Mobile World Congress that there is huge growth opportunity in auto-connectivity.