Pfizer's attempt to take over AstraZeneca through a $110 billion bid would have run aground on changes to U.S. tax laws, even if the companies had reached a deal.» Read More
Economist and former member of the Bank of England's Monetary Policy Committee, Adam Posen said while outgoing governor Mervyn King will be remembered as being a great public servant, he made a series of misjudgements.
"Proactive vigilance" is needed to safeguard the "hard won" solvency of Spain's banking system, and Europe needs to do more to ease Spain's financial woes, the IMF has warned.
At a time when Europe needs solidarity and a unified sense of purpose to grapple with its seemingly endless economic crisis, religion has become yet another a source of discord. The New York Times reports.
H&M, the world's second-largest fashion retailer, posted a bigger than expected drop in second-quarter earnings.
Britain's Vodafone Group has raised its preliminary offer to buy Kabel Deutschland, Germany's largest cable operator, a source close to the situation has told CNBC.
In a week that has seen Boeing's Dreamliner meet its new challenger in the form of the Airbus A350, the U.S. firm maintains that the new European aircraft will not affect its share of the wide body market.
Bankers who are reckless with customers' or taxpayers' money could face criminal charges and have bonuses and pensions clawed back.
High youth unemployment in parts of Europe and disappointing growth expectations in the emerging world could mean mass protests this summer, Niall Ferguson told CNBC Tuesday.
Britain's fraud prosecutor charged former UBS trader Tom Hayes with eight counts of conspiracy to defraud.
Positive business activity data for the euro zone on Thursday will fail to stop a much larger fall over the long-term for the single currency.
He was the favorite to win at Tuesday's Royal Ascot race in Britain, but even though Animal Kingdom suffered a terrible disappointment, there could still be hope for him.
After an opening day at the Paris Air Show that saw Airbus announce an impressive amount of orders, Boeing fought back on Tuesday with a raft of orders and the launch of the latest in the line of 787 Dreamliners, the 787-10.
A Greek court on Monday ordered the state broadcaster back on air while it is restructured, allowing squabbling coalition leaders to move towards a compromise.
British consumer price inflation rebounded by more than expected in May due to a record rise in air fares and higher fuel prices.
European car sales last month plunged to the lowest level in two decades for May.
Kabel Deutschland, Germany's biggest cable operator - confirmed on Monday that they have received a preliminary approach from U.S. media group Liberty Global.
Once infamous as a place of exile and no-return during the Tsarist and then Stalinist eras, Siberia is being touted as a beacon of light by the Russian government as it looks east, rather than west, for growth potential.
The European Central Bank is "ready to act" if need be to aid the euro zone economy and its interest rates are becoming a more effective tool again.
German lender Commerzbank will shed more than 5,000 jobs as part of its cost cutting program, a person familiar with the negotiations told Reuters on Tuesday.
From Union Jack booties to "Born to Rule" sleepwear, analysts estimate the baby fever could boost the British economy by 240 million pounds ($380 million).
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Russian billionaire, Alisher Usmanov, talks about his love of fencing and how it helped him in the investment and business world.
If Switzerland votes "yes" in the Swiss gold referendum, this could compromise the central bank's credibility and its ability to maintain its currency cap, says Nitesh Shah, gold analyst at ETF Securities.
Tony Hicks, chief international officer at LeapFrog, says toy sales escalate in November and December.