Russian real estate magnates, until recently among the top buyers of luxury property in the UAE, have retreated from the region amid ruble weakness.» Read More
English soccer fans were booking their flights to Rio de Janeiro Tuesday evening after a shaky qualifying round finally ended with the national team qualifying for next year's Brazilian World Cup.
German opposition parties on Tuesday accused Angela Merkel of pandering to the car lobby, after her party received major donations from the family that controls BMW.
Professional investors in London do not really think the United States will default on its debt. The NYT reports.
The European Union has failed to heed the lessons from Iceland's banking crisis, Bjarni Benediktsson, the finance minister of Iceland, told CNBC.
Hector Sants has had to take a leave of absence from his new job as head of compliance for Barclays because he is suffering from stress and exhaustion.
The U.K. government urgently needs to review and re-evaluate the costs and benefits of the country's prison system, said economist and former prison inmate Vicky Pryce.
U.K. taxpayers have received a shock, with lawmakers revealing the extent of the costs to refurbish the condition of the Queen's residences.
Two of the euro zone's rescued countries are inching closer to the exit door after three years of scrutiny and austerity.
Alliance Boots has been accused of avoiding a tax bill of over £1 billion ($1.6 billion) since going private six years ago, becoming the latest multinational to come under fire for its tax affairs.
Christopher Bailey will take over from Angela Ahrendts at Burberry, following the latter's departure for Apple.
Italy's forthcoming 2014 budget could spark further political and economic turmoil for the country, analysts warned.
Shareholders in loss-making Italian airline Alitalia approved on Tuesday a capital increase for up to 300 million euros ($407.58 million).
Luxury down jacket maker Moncler said on Monday it had filed a request with the Italian stock market to list its shares in Milan.
Osborne welcomes Chinese banks looking to expand in London, offering to break down regulatory barriers in a bid to reinforce itself as a renminbi hub.
The euro zone debated over who should pay for a clean-up of bust banks, as Franco-German divisions cast clouds over efforts to seal a landmark reform.
Greece said it was looking into the technical matters of issuing a 50-year bond to further restructure its debt and make it more sustainable.
Britain must realize the "economic reality" of staying in the European Union (EU), the head of a manufacturers' group told CNBC on Monday.
Despite a rising tide of populism, the Netherlands' traditional culture of coalition and compromise is still working – just.
Squabbling U.S. politicians could learn from the Netherlands, where the government has just struck a budget agreement, European Commission Vice-President Olli Rehn told CNBC.
Norway has ordered a review of its wealth fund, one of the world's biggest investors whose largesse helps underpin Norway's social benefits.
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Speaking to CNBC at the Global Financial Markets Forum, former deputy governor of the Bank of England, Paul Tucker, discusses allegations of tax evasion against HSBC.
Speaking to CNBC at the Global Financial Markets Forum, Luxembourg Finance Minister Pierre Gramegna says his country is on the road to tax transparency.
Speaking to CNBC at the Global Financial Markets Forum, Luxembourg Finance Minister Pierre Gramegna says the Greek bailout extension was difficult to settle and that euro zone members needed to show respect.