"Capitalistic Russia is only 20 years old," says the manager of Russia's newest sovereign wealth fund. "So it is building institutions."» Read More
Former Goldman Sachs banker Elias Preko was sentenced to 4-1/2 years in prison by a London court on Monday for laundering.
European aerospace group EADS has announced plans to cut 5,800 jobs at its Airbus Defence and Space Unit by the end of 2016.
Concerns of a London property bubble are overblown, according to experts, who argue that price rises are understandable given the supply and demand in the city.
The mooted spin-off of HSBC's U.K. retail banking arm could be one of a number of U.K. bank fundraisings next year.
More working households are living in poverty in the U.K. than non-working ones for the first time, according to a new report.
Florence's mayor became the head of the country's most powerful political party this weekend, and the latest headache for Prime Minister Enrico Letta.
The battle between telecoms firms to attract and retain customers is heating up with more firms offering the 4G service for free.
Executive mobile use explained in one graphic.
HSBC has sounded out investors about a flotation of its U.K. arm, in a move that would realize value from its high street banking business.
The Ukrainian security services have launched a criminal investigation into "activities aimed at overthrowing the government" as protests intensify.
Many leaving it late to tell the Swiss regulator whether they will participate in a U.S. programme to settle tax evasion suspicions.
Andrew Lillico, the director of consultancy group Europe Economics, has told CNBC that the euro zone is ready to rise as the next economic superpower.
There is only a small risk that the U.K. will leave the EU, the U.K. Business Secretary Vince Cable said on Friday.
Greece's Parliament early on Sunday approved a budget for 2014 which predicts a timid return to growth. The New York Times reports.
Italian energy company Eni started closing the flow stations on a large Nigerian pipeline because of a fire.
Bob Diamond is making a dramatic return to banking, launching a vehicle with Africa's youngest billionaire. The Financial Times reports.
This weekend is the one Europe's Christmas tree industry has been working so hard for all year.
Ukraine's opposition accused President Viktor Yanukovich of betraying national interests after talks with Russia, though both countries said nothing had been agreed.
The euro, pinned near five-week highs against the dollar on Friday, could be headed for further gains as negative interest rates seem to be off the table, analysts say.
Germany's Bundesbank raised its forecast for growth of the euro zone's largest economy this year and next on Friday.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Jose Vinals, director of the Monetary and Capital Markets department at the IMF, stresses that while Europe has started to recover, more needs to be done on fiscal policy and banking regulations.
Morten E. Astrup, founding partner at Storm Capital Management, explains that the Norwegian high-yield market is outperforming its U.S. counterpart and should continue to do so for another couple years.
Marcus Ashworth, head of fixed income at Espirito Santo Investment Bank, says that while Italy's Prime Minister Letta is in a strong position, there will be "constant scares" as the economy remains a real problem.