Britain's Prime Minister has slammed the European Union's demands for an additional 2.1 billion euros, branding it "unacceptable".» Read More
Chairman of Royal Bank of Scotland, Sir Philip Hampton said CEO Stephen Hester's departure was not a result of a falling out with finance minister George Osborne, but time for him to move on as he had not so many "years ahead of him".
Stephen Hester's departure as the CEO of U.K.-taxpayer owned Royal Bank of Scotland surprised London's financial sector.
Google has aggressively avoided paying corporate tax in Britain, a U.K. parliamentary committee said in a damning report on Thursday.
Barcelona's Argentina forward Lionel Messi and his father denied wrongdoing on Wednesday after the Spanish tax authorities accused them of defrauding the state of more than four million euros ($5.3 million).
The ECB has hit back at suggestions that its mandate should be up for discussion. The Financial Times reports.
A strike by air traffic controllers forced cancellations of more than 60 percent of flights around France and disrupted travel elsewhere in Europe.
Europe's largest companies left $1 trillion of working capital unused in 2012, according to a report published on Wednesday.
Thousands of Russians marched through Moscow demanding Vladimir Putin resign on Wednesday, as the president took the helm of a loyalist movement designed to broaden his power base.
Global index compiler MSCI has upgraded the United Arab Emirates and Qatar to Emerging Market status from Frontier Market, marking a new era for their capital flows.
Late Tuesday, MSCI downgraded Greece as an "emerging market," effectively bringing the country full circle from when it was upgraded to a developed market.
Greece's fragile government faced protest on Wednesday over the sudden closure of state broadcaster ERT, hours after seeing its bourse downgraded to emerging market status.
Industrial output from euro zone factories defied market expectations and rose in April, but expansion was slowed by a drop in production of energy and durable consumer goods.
The number of Britons claiming unemployment benefit fell more than expected in May to its lowest in two years.
Attention may be focused on rising yields in major economies, but Europe's peripheral bond yields are also on the rise again.
British mobile operator Vodafone said on Wednesday it had made an offer to buy Germany's biggest cable company Kabel Deutschland.
Turkish riot police fought running battles with pockets of protesters overnight, clearing the central Istanbul square that has been the focus of nearly two weeks of protests.
J Sainsbury, Britain's No. 3 supermarket chain, met forecasts for underlying sales growth in its first quarter, outperforming major rivals.
Two days of accommodation at a lakeside golf hotel in Northern Ireland don't come cheap- and Britain has irritated its fellow Group of Eight states by sending them hefty advance bills for the summit it is hosting there.
Equity index provider MSCI on Tuesday lowered Greece to emerging market from developed market status, citing failure to qualify on several criteria for market accessibility.
The European Central Bank has room to cut interest rates further, Executive Board member Peter Praet said on Tuesday, adding that the central bank is paying "great attention" to euro zone inflation.
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Nicolas Véron, senior fellow at Bruegel says the European banking stress tests will show how rigorous a supervisor of the banks the ECB will be.
David Enrich, European banking editor at the Wall Street Journal says problems in the European bank stress tests are likely to be concentrated in Austria and Italy
U.K. Prime Minister David Cameron has slammed the European Union's demands for an additional 2.1 billion euros ($2.65 billion) as a result of the U.K.'s strong economic performance, branding it "unacceptable".