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Financier Nat Rothschild, co-founder of coal miner Bumi, was defeated in his bid to oust the company's current chairman and chief executive on Thursday, losing a public showdown with Indonesia's influential Bakrie family.
Nat Rothschild, founder of NR Investments and a shareholder in Bumi PLC, tells CNBC that the shareholder vote is too close to call but minority shareholders have voted against the board. He also makes other allegations that have been denied by Bumi.
Intesa CEO Enrico Cucchiani says the Monte dei Paschi scandal is an isolated case.
Savile Row tailors may feel like a museum to Britain's faded imperial glory but the bespoke menswear business on "the Row" is enjoying a remarkable resurgence.
Markets are underestimating the risk of a surprise election result in Italy and the possibility of new elections within the year as support for "protest" parties in the country grows, analysts have warned.
Concern is mounting that Germany is drifting apart from other countries at the core of the single currency bloc, notably France.
Aiman Ezzat, CFO of Capgemini, tells CNBC they are trying to increase the share of their revenue coming from fast-growth economies and North America.
Mikio Kumada, Executive Director & Global Strategist at LGT Capital Partners says the ECB policies are still too tight.
Markets threw up enough technical red flags amid a wave of volatility Wednesday to have traders wondering if the first real sell off of 2013 has finally arrived.
European shares closed lower on Wednesday following varied earning reports.
CNBC's Simon Hobbs reports on today's market moving headlines from Europe, as shares were mixed on Wednesday.
Bill Blain, senior fixed income partner at Mint Partners, tells CNBC that he questions whether a weaker sterling would actually prompt an increase in UK growth.
Enrico Cucchiani, CEO of Intesa Sanpaolo, tells CNBC why Italy needs a strong program of reforms for its labor market and judiciary system, as well as an intense period of privatization.
Regardless of who wins next weekend's parliamentary election, Italy's long economic decline is likely to continue because the next government won't be strong enough to pursue the tough reforms needed to make its economy competitive again.
Last year’s exports of beef and pork to Russia were worth more than $550 million. That's a 21 percent increase from 2011 and a share that US companies stand to lose this year.
The head of U.S. tire maker Titan launched a vitriolic attack on French productivity after the country’s government suggested he buy a factory in the north of France.
Cyprus faces a "material and rising risk" of defaulting on its sovereign debt, especially if the euro zone and International Monetary Fund do not come up with aid, rating agency Standard & Poor's said on Wednesday.
The world's biggest mobile phone makers and app developers will descend on Barcelona next week to show off their latest wares, with heavyweights like Samsung, Nokia and LG vying for attention in an increasingly crowded smartphone market.
Tens of thousands of Greeks took to the streets of Athens on Wednesday during a nationwide strike against wage cuts and high taxes that kept ferries stuck in ports, schools shut and hospitals with only emergency staff.
CNBC's Kelly Evans reports the Bank of England is moving European markets today.
Clive McDonnell, head of equity strategy at Standard Chartered Bank, says the recent string of soft Chinese data suggests the country's growth is "decelerating".
Patrick Spencer, MD and director of international institutional equity sales at Baird, says that he's not overly concerned about copper's four-year low.
John Mann, Labour MP for Bassetlaw, says the Bank of England's structure needs to change after the governor of the central bank was grilled by British members of parliament on allegations of currency manipulation.