The ECB has selected Blackrock Solutions to provide it with consultancy services for a programme to buy asset-backed securities.» Read More
Britain's telecoms company BT raised its core earnings and cash flow outlook on Friday after cost cuts and strong demand for its broadband.
Italy's economy minister said he did not believe additional tax hikes and spending cuts would be necessary in 2013.
Boris Johnson the Mayor of London, tells CNBC that it would be "totally mad" for Europe to react to its poor economy by going after "bankers in Britain".
Peter Griffin, Head of Global Risk Assessment and Sovereign Fixed Income at Global Interest Rates Limited says the lower yields seen in Europe come on the back of Japanese buying.
Pankaj Ghemawat, Anselmo Rubiralta Professor of Global Strategy at IESE Business School says there are few sources of global growth and thus markets are cheering Japan's stimulus in hope that the country will come out of 2 decades of stagnation. He also discusses the growth outlook for Asia including China and India.
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors expects money to flow into the troubled countries in Europe pushing yields down further.
Large-scale IPOs have hit record levels year-to-date, as new emerging countries enter the market and investors hunt for higher returns.
Bond investors can rest easy as there are few signs of debt markets overheating, according to a report by Moody's Investors Service.
Jack Lew, U.S. Treasury secretary, says Europe needs to find the right balance between austerity and growth and fix its credit market issues to boost its economy.
CNBC's Simon Hobbs reports European stocks were flat on Thursday, as investors react to the the Bank of England's decision to keep monetary policy unchanged.
European shares closed mixed on Thursday after better-than-expected jobs data from the U.S.
Richard Ward, CEO of Lloyd's, highlights that the European Union is very important to the U.K's financial sector but that some of its planned regulations could hurt.
The only company to have fracked for shale gas in the UK, Cuardilla Resources, is set to begin exploratory drilling for oil 31 miles (50 km) south of London.
Hans Redeker, global head of foreign exchange strategy at Morgan Stanley, said the U.K. economic environment points to a weaker British pound, despite stronger-than-expected economic data.
South Africa's Minister of Finance, Pravin Gordhan, has accused the UK of trying to "pass the buck entirely onto the South African side" following the fallout from the UK government's withdrawal of aid.
Asian stocks fell on worries over rising inflationary pressure in China, reports CNBC's Eunice Yoon.
The world of tabloid journalism, London-style, will be showcased in a new television series executive-produced by CNN host Piers Morgan, who is also a former editor of two of Britain's popular newspapers.
The Bank of England left its benchmark rate unchanged at 0.5 percent, a record low, on Thursday. Policymakers also kept the size of the asset purchase program unchanged at 375 billion pounds ($584 billion).
U.K. Prime Minister David Cameron has said the debate over the role of the European Union (EU) wasn't surprising given the "stratospheric" levels of unemployment in countries like Spain.
Neil Atkinson, director of energy research and analysis at Datamonitor, expects oil prices to lower as global oil production continues to increase despite "sluggish" demand.
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MacNeil Curry, head of global tehcnical strategy at Bank of America Merrill Lynch, says there is further upside for the S&P 500 over the course of the next few weeks.
Brian Nagel, senior equity research analyst at Oppenheimer & Co., discusses Tiffany's ahead of earnings and says there¿s further upside for the stock.
John Wonfor, global head of tax at BDO International, says the Canadian tax system is a lot more competitive than in the U.S. - especially regarding the repatriation of overseas profits