Cypriot Central Bank governor Panicos Demetriades submitted his resignation on Monday, which was accepted by President Nicos Anastasiades, an official statement said.» Read More
European Central Bank chief Mario Draghi said exchange rates are as important for growth as for price stability.
Barclays plans to cut at least 3,700 jobs in 2013 as part of a strategic overhaul aimed at reducing the group's annual costs by 1.7 billion pounds ($2.7 billion) by 2015.
L'Oreal, the world's biggest cosmetics group, said it was open to a strategic acquisition, a day after unveiling results at the top end of expectations and a 500 million euro ($669 million) share buyback.
CNBC's Kelly Evans reports Barclays announced its turnaround plan aimed at reducing the bank's annual costs, which sent the stock up over 4 percent.
Jeff Molitor, CIO Europe at Vanguard, tells CNBC why exchange-traded funds are so useful for investors and why the ETF boom is sustainable.
London's mayor told CNBC the U.K. capital is far more attractive than Silicon Valley as a base for technology companies.
The head of Italian defense group Finmeccanica was arrested in a corruption probe centered on the sale of helicopters to the Indian government.
Karen Cho takes you through the European markets where stocks have opened lower.
Olli Rehn, EU commisioner, tells CNBC that the euro group meeting discussed exchange rate policy and the EU is 'committed to ensuring stable monetary relations'.
Royal Bank of Scotland chairman Philip Hampton has defended the bonus due to be paid to chief executive Stephen Hester even though the British bank has been punished for rigging interest rates.
Pope Benedict left the Catholic world in shock after becoming the first pontiff since the Middle Ages to resign his office, saying that failing strength had left him unable to lead the church through a period of relentless change and turmoil.
NBC News' Claudio Lavanga reports on the Pope's abdication. And Fernando Napolitano, CEO & president, Italian Business & Investment Initiative, shares his thoughts on the Pope's resignation as well as opportunities in Italy now.
Discussions about an overvaluation of the euro are simply a diversion from governments' task of sorting out their economies, ECB's Weidmann said on Monday, resisting political pressure to weaken the currency.
CNBC's Simon Hobbs reports European markets closed in the red as shares of Danish Pharma group Novo Nordisk fell sharply after U.S. regulators requested additional tests on the firm's new insulin drugs.
European shares closed lower on Monday as sharp falls in Danish pharma group Novo Nordisk outweighed rallies in rival Sanofi and Dutch retailer Ahold.
Jessica Bridge from Ladbrokes puts odds on who will be the next pope.
The Group of Seven nations are considering issuing a statement reaffirming their commitment to "market-determined" exchange rates in response to heating rhetoric about a currency war.
Norway's $700 billion oil fund made its first property purchase in the United States, buying minority stakes in five assets for around $600 million from financial services firm TIAA-CREF.
Austerity as the solution to the euro zone's protracted debt crisis could be on the way out if another bad set of euro zone gross domestic product (GDP) numbers are released this week, according to Carl Weinberg, chief economist at High Frequency Economics.
A quick check on what investors need to know as the week kicks off trading, with Scott Shellady, Trean Group.
The U.K. recovery remains fragile says BT chairman, Michael Rake, adding that weak investments and political instability continue to weigh.
BT chairman, Sir Michael Rake, tells CNBC that the group has improved its financial position and credibility by providing competition in the TV space.
CNBC's Julia Chatterley reports on the resignation of the Cypriot central bank governor, citing long-existing tensions between the governor and the government due to the handling of the island's bailout.