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  • Qatar's Emir Set to Hand Over Power to Son Monday, 24 Jun 2013 | 11:37 AM ET
    Qatari Emir sheikh Hamad Bin Khalifa al-Thani (R) and Qatari Crown Prince Sheikh Tamim Bin Hamad al-Thani (L) in 2007.

    The emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, 61, informed members of the ruling family on Monday of his decision to hand power to Crown Prince Sheikh Tamim, the Qatari-owned television channel Al Jazeera said.

  • Italy's Berlusconi Gets 7 Years for Sex With Minor Monday, 24 Jun 2013 | 11:30 AM ET
    Silvio Berlusconi and Ruby El Mahroug

    Italian judges found former Prime Minister Silvio Berlusconi guilty of having sex with a minor and abuse of power, giving him seven years in jail and imposing a lifetime ban on holding office.

  • French Tycoon Bernard Tapie Held by Police Monday, 24 Jun 2013 | 11:05 AM ET
    Bernard Tapie

    French police questioned flamboyant tycoon Bernard Tapie on Monday in a fraud investigation that threatens to damage ex-president Nicolas Sarkozy's hopes of a political comeback.

  • London’s Rich Feel the Pinch as Caviar Prices Rise Monday, 24 Jun 2013 | 11:03 AM ET
    Royal Beluga caviar.

    An influx of rich Europeans to London is causing the cost of living for the ultra-wealthy to surge, a private wealth management firm reported on Monday.

  • European Commissioner Michel Barnier struck back on Monday at a French minister calling his remarks "absurd" and saying France should stop blaming others for its own problems.

  • Why Germany's Election Matters for Europe Monday, 24 Jun 2013 | 8:53 AM ET

    Chancellor Angela Merkel put her cards on the table on Monday, maintaining her tough stance on austerity for debt-ridden euro zone nations in an election manifesto that could be at the center of EU policy for the next five years.

  • Stop 'Retarding' Economies With Loose Policy: BIS Monday, 24 Jun 2013 | 2:45 AM ET

    Low-interest rates and extra liquidity from central banks now needs to end to ensure a return to growth, a new report by the Bank for International Settlements (BIS) said.

  • French Minister Directs Anger at 'Paralyzed' EU Monday, 24 Jun 2013 | 2:18 AM ET
    Ex-French Economy Minister Arnaud Montebourg

    Outspoken French Industry Minister Arnaud Montebourg accused European Commission President Jose Manuel Barroso on Sunday of fueling far-right groups across Europe.

  • Vodafone Agrees $10 Billion Kabel Deutschland Deal Monday, 24 Jun 2013 | 2:09 AM ET

    Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros ($10 billion), betting on TV and fixed-line services in its biggest deal since 2007.

  • Why G-8 Let Trade Freeloaders Get Away Sunday, 23 Jun 2013 | 11:02 PM ET

    The G-8 failed to tackle growth-stifling trade imbalances in the world economy, with the U.S. unable to push surplus countries to boost domestic demand, writes Michael Ivanovitch.

  • South Africans Resigned Over 'Critical' Mandela Sunday, 23 Jun 2013 | 7:15 PM ET
    Nelson Mandela

    South Africans appeared resigned on Monday to the inevitability of one day saying goodbye to former president Nelson Mandela after his condition in hospital deteriorated to critical.

  • A Milan court will decide on Monday whether Silvio Berlusconi paid for sex with an underage prostitute and abused his powers to cover it up.

  • Thousands March in Rome Against Unemployment Saturday, 22 Jun 2013 | 8:56 AM ET

    housands of workers and unemployed people marched in Rome on Saturday to protest against record unemployment and call on Enrico Letta's two-month-old government to deliver more than empty rhetoric on the issue.

  • EU Unable to Break Impasse on Bank Failure Costs Saturday, 22 Jun 2013 | 5:42 AM ET
    German Chancellor Angela Merkel, speaks in front of a flag of the European Union

    Europe failed to agree on how to share the cost of bank collapses on Saturday, as Germany resisted attempts by France to water down rules designed to spare taxpayers in future crises.

  • Stock Market Tumble Could Be Bad Omen for Russia Friday, 21 Jun 2013 | 2:51 PM ET

    As Russia's stock market tanks to a 12-month low, business leaders are divided on why the market sold off.

  • Small Planes, Big Fight: Beechcraft vs Embraer Friday, 21 Jun 2013 | 1:41 PM ET

    The U.S. government was wrong to purchase foreign aircrafts for its operations in Afghanistan, the CEO of Beechcraft told CNBC this week.

  • An attendee pauses in front of a display at a Mediobanca meeting.

    Mediobanca, under pressure to improve returns for shareholders, plans to sell almost all of its stakes in major companies, ending half a century of influence at the heart of Italian business to focus on banking.

  • Russia doesn't have a magic wand to create growth but a multi-billion dollar investment program could help revive economic growth, Russian President Vladimir Putin said on Friday.

  • Global Expansion? We’d Rather Stick With Russia: MTS Friday, 21 Jun 2013 | 10:04 AM ET
    Private mobile WiFi hotspots, which allow wireless devices to connect to the Internet, are restricted. Although use of tablets and smartphones is allowed in the venues, these devices cannot be used as wireless access points. Because London’s wireless system is likely to be strained during major events, has focused on an attempt to reduce overall bandwidth use.

    Relaxed legislation and booming profits are just two reasons why Russia's biggest mobile service provider will not bother expanding into other countries, the firm's chief executive said.

  • German Chancellor Angela Merkel, speaks in front of a flag of the European Union

    German Chancellor Angela Merkel said that austerity must continue in the euro zone to regain the trust of international investors.

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