A top official at the ECB has signaled it will try to force eurozone banks to hold capital against sovereign bonds. The FT reports.» Read More
Greece is delivering on tough economic reforms, Prime Minister Antonis Samaras said on Tuesday during a visit to Germany.
Megafon’s $1.7 billion share offering raised eyebrows last year when Goldman Sachs pulled out as lead bookrunner close to launch – but the investment bank has now issued a “buy” rating on the stock.
Silvio Berlusconi withdrew as candidate for Italy's premiership on Monday as the price of a pact with the devolutionist Northern League that could prevent the formation of a stable government after next month's election.
The euro zone crisis is over – that is, if you choose to believe Jose Manuel Barroso, the president of the European Commission. The Christian Science Monitor reports.
European stocks are sliding despite big gains for banks, with CNBC's Simon Hobbs.
With fears over the U.S. "fiscal cliff" calmed and the euro zone debt crisis having abated somewhat, there is pain coming for sterling this year, according to HSBC's currency strategist.
The stage is being set for the battle for the heart of Italy, as warning signs about the state of the country’s economy become more difficult to ignore.
CNBC's Ross Westgate reports on all the market moving events from Europe, as bank stocks pushed higher after regulators eased key elements in the Basel III reform package.
Franco-Dutch carrier Air France-KLM is in "advanced" talks to take control of Italy's flagship airline Alitalia by the summer, Rome's Messaggero newspaper reported on Sunday without citing its sources.
With scant prospect of a swift return to growth in the Euro zone, the risk in 2013 is less outright conflagration in the single-currency area than a fraying of social and political ties and an insidious erosion of hope.
Willem Nabarro, Head of European Equities for Asia at Exane-BNP Paribas says that the worst is over in Europe and investors should now turn their attention to the peripheral countries such as Italy and Spain where he believes there is money to be made.
John Woods, chief investment strategist at Citi Private Bank, said investors should be cautious on global growth as he does not see any upside or any magic bullets coming to the markets.
Jim Walker, Founder and CEO, Asianomics sees a bleak outlook for the global economy in 2013, largely due to expectations for poor company earnings.
French film star Gerard Depardieu received a hug from President Vladimir Putin and a new Russian passport on Sunday after abandoning his homeland to avoid a new tax rate for millionaires.
Global regulators gave banks four more years and greater flexibility on Sunday to build up cash buffers so they can use some of their reserves to help struggling economies grow.
The search resumed Saturday for a small plane that has disappeared off the Venezuelan coast with six people aboard, including Vittorio Missoni, a top executive in Italy's Missoni fashion house.
CNBC's Simon Hobbs reports European stocks move fractionally higher on U.S jobs report.
Microsoft is pressuring European regulators to take a harsher line on Google after America’s FTC let the search giant off without punishment.
Rick Santelli strongly objects when Kelly Evans quotes a strategist calling the Republicans "lunatics" for threatening to push the U.S. into a "technical default" by failing to raise the U.S. debt ceiling.
Tentative signs the euro zone may have passed the worst of its downturn emerged in December but business surveys also suggested Britain's economy tipped back into contraction in the final months of 2012.
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.