Here's how much Apple is now charging for the iPhone in Russia.» Read More
Schneider Electric said it was in early talks to buy Invensys to boost its industry automation business in a deal valued at about 3.3 billion pounds ($5 billion).
Up to 650,000 more UK households face "debt peril" if mortgage rates rise unexpectedly before the economy returns to full strength. The Financial Times reports.
Swiss National Bank begins operations in Singapore, seeking to better manage its portfolio of assets denominated in the region's currencies. The Financial Times reports.
Portugal's government has requested a delay in the next regular review of the country's bailout by its creditors due to the "current political situation".
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Fuelled by three years of austerity Athens has imposed in return for bailout funds from its foreign lenders, unemployment inched up to 26.9 percent in April.
The CEO of Germany's Deutsche Annington told CNBC the float process had been "rocky", following its stock market debut on Thursday.
The poor health of the banking system and youth unemployment are the biggest threats to the euro zone's future economy, according to a Reuters poll of economists on Thursday.
Bail is set at $5 million for a Saudi princess accused in California with human trafficking for allegedly holding a domestic worker against her will.
The court also sentences British investment fund head William Browder in absentia to nine years in prison in a case that will further undermine President Vladimir Putin's reputation in the West.
European Union antitrust regulators raided Deutsche Telekom, Orange SA and Telefonica on suspicion that the companies abused their dominant position in Internet connectivity services.
Executives of British drug maker GlaxoSmithKline in China have confessed to charges of bribery and tax law violations, China's security ministry said on Thursday.
An Irish bookmaker is set to become the first company to offer real-money sports betting on Facebook when it launches an app.
Turkey has launched a probe of foreign exchange transactions, a move some commentators say could chill foreign investment, as Ankara seeks to relieve pressure on the lira and take control after mass protests. The FT reports.
Luxembourg's Prime Minister bowed to pressure for an early election after his junior coalition partner blamed him for failing to curb abuses of power by the secret service.
Capital expenditure across the world is expected to decline this year and next, according to a new report by S&P.
The U.K.'s economy will continue to improve, but the Bank of England faces a "big challenge" to maintain that recovery while ending quantitative easing, according to a report from Pricewaterhouse Coopers (PwC).
Egypt's prosecutor ordered the arrest on Wednesday of the leaders of ousted President Mohamed Mursi's Muslim Brotherhood.
Spain's banking aid program is on track and its economy is stabilizing, despite the difficult macroeconomic conditions, the European Commission said on Wednesday.
The European Commission will propose creating an agency to salvage or shut failed banks, but its power to clean up the euro zone's financial sector will be tempered by resistance from Berlin.
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Steve Pollard of Marex Spectron says coffee shipments from Brazil have been higher than expected, due to previous years' surpluses.
Every time the oil price looks positive or stable "out comes something negative," says Richard Mallinson, analyst at Energy Aspects.
Russia has been dominating the news recently and its economy is not looking good. Anastasia Nesvetailova, director at City University's political economy research centre explains more.