Falling corporation tax has been a key driver of profitability over the last two decades, increasing pressure on CEOs to reduce their company's tax bill, Markit's Will Duff-Gordon told CNBC on Tuesday.
Spanish savers and pensioners who have seen their money wiped out by investing in state-rescued lender Bankia are likely to seek redress in court rather than wait for any official inquiry, which looks increasingly unlikely.
The French actor, accused by French government leaders of being "pathetic" and unpatriotic in trying to dodge taxes by buying a house over the border in Belgium, has hit back at politicians.
France's Constitutional Council said on Saturday it was overturning a 75 percent upper tax rate on income above 1 million euros ($1.32 million) due to be introduced in 2013 by the seven-month-old Socialist government.
Markets across Europe close mostly lower on "fiscal cliff" concerns, and CNBC's Michelle Caruso-Cabrera reports Mario Monti is expected to make an announcement this week on whether he intends to run for Prime Minister.
Elections, the economy and a looming debt crisis in the U.S. and Europe dominated headlines in 2012. What will take center stage in 2013? Washington Post's Ezra Klein and Yahoo! Finance's Mike Santoli make their predictions on what's ahead for Washington, Wall Street and around the world.
Valentijn Van Nieuwenhuijzen, head of strategy at ING Investment Management, tells CNBC that Europe¿s periphery is relatively constructive with yields continuing to fall.
CNBC's Kelly Evans reports on all the market moving events from Europe, as stocks lose ground and hope fades there will be additional monetary easing in Japan and a "fiscal cliff" deal reached in the U.S.
The UBS Libor settlement swings the spotlight on to the role of interdealer brokers in the burgeoning scandal, alleging that employees at these institutions actively "colluded" with rate-fixing efforts.
Italy's borrowing costs rose slightly at the first auction for long-term debt to be settled in 2013 as thin trading and worries over the U.S. budget weighed on peripheral bonds.
British Prime Minister David Cameron's attempts to win back powers from the European Union could damage the 27-nation bloc and its single market, European Council President Herman Van Rompuy said in an interview published on Thursday.
Moscow is going to approve a ban on American couples from adopting Russian children, with Don Jensen, Center for Transatlantic Relations at Johns Hopkins University; and James Pethokoukis, American Enterprise Institute, discusses the state of Europe's fiscal woes.
As U.K. Prime Minister David Cameron heads to Brussels this week to discuss EU tax policies, he knows there are far more taxing questions at home regarding regarding the EU.
Eric Wasserstrom, managing director at Suntrust Robinson Humphrey, tells CNBC that in his own view the Jamie Dimon JPMorgan vote is unlikely to garner sufficient support to compel the board to make a change.
Alex Simmons, UK editor in chief at IGN, tells CNBC that the new Xbox will be an improved version of the 360 but needs to become more like an entertainment hub than a traditional Xbox.