Greece is bankrupt and should default, well-known investor Marc Faber told CNBC Friday, arguing that a "geopolitical game of chess" was being played.» Read More
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.
Deutsche Bank pulled the plug on its global commodities trading business, cutting 200 jobs as it becomes the first major bank to exit the sector.
The ECB on Thursday left its benchmark interest rate unchanged at 0.25 percent after surprising markets with a rate cut last month.
The U.K. government is to introduce a new levy on foreign homebuyers, raising concerns that this could put the brakes on London's property market.
Is the European economy on the mend? The ECB's Mario Draghi revises his forecast for the euro zone, while the U.K. looks set to post a surplus.
U.S. and European officials told CNBC on Thursday there was still a chance of a WTO deal, despite India's firm stance on its food security policies.
A Dutch program helps the homeless, drug addicts and alcoholics get back on their feet by paying them in cans of beer.
Companies splashing out on Christmas parties for their staff shouldn't bother, according to new research, as most employees would prefer the cash.
The Bank of England left its main interest rate and monetary stimulus program unchanged.
Get the best of CNBC in your inbox
Masood Ahmed, director of Middle East and Central Asia at the IMF, says that the IMF has two roles to play with Egypt, one of which is to provide dialogue and the other is to provide financial support.
Masood Ahmed, director of Middle East and Central Asia at the IMF, says that Egypt has made a lot of improvements regarding energy subsidies and broader reforms, but still has "a long way to go."
Peter Rosenstreich, chief FX analyst at Swissquote Bank, says the negotiations between creditors and Greece may not end well.