Mark Carney pledged to appoint a new Deputy Governor at the Bank of England to lead a "root and branch" review of its strategy, after suspending an official over the foreign exchange market manipulation scandal.» Read More
Nick Clegg, leader of the junior party in Britain's ruling coalition, denounced David Cameron's pledge to hold a referendum on quitting the European Union, as polls on Sunday indicated the prime minister's move may gain him votes.
Former prime minister Silvio Berlusconi triggered outrage from Italy's political left on Sunday with comments defending fascist wartime leader Benito Mussolini at a ceremony commemorating victims of the Nazi Holocaust.
Bank of America has begun moving more than $50bn of derivatives business out of its Dublin-based operation and into its UK subsidiary, according to people close to the operation.
The head of the European Central Bank (ECB) has clashed with Germany's finance minister over Cyprus, arguing that failure to bail out the tiny island nation could endanger the wider euro zone.
Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal judge's determination on how to apportion responsibility.
Monte dei Paschi di Siena said on Sunday it was seeking a financial investor as the political storm over a derivatives scandal at the ailing bank intensified ahead of next month's Italian election.
Han De Jong, Chief Economist, ABN Amro says markets are ripe for a pullback but they're still at the early stage of a very significant move up.
Han De Jong, Chief Economist, ABN Amro says the global economic situation has changed over the last few months and financial markets have moved from a vicious to virtuous cycle.
Tony Nash, Managing Director, IHS discusses the ground level risks that energy firms face. He says companies are taking a more disciplined and methodological approach to risk.
Amid the increasingly crowded space of social media and social commerce businesses, what does it take to stay on top and stand out in the tech startup arena? Brand loyalty and exclusive products, said one Silicon Valley executive to CNBC.
Business leaders and policymakers cautioned against complacency amid optimism that the euro zone is emerging from the crisis.
Bank of Canada Governor Mark Carney warned against an emerging consensus among delegates at the World Economic Forum in Davos that the worst of the euro zone debt crisis was over.
International bankers and finance ministers warned on Saturday that Europe's crisis was not over even though the euro currency is now stabilized.
Corporate chieftains gathered in Davos, Switzerland this week see reason to be optimistic that the shale boom can re-industrialize the US economy and drive not only U.S. but also global growth.
Deadly diseases like malaria, tuberculosis and HIV that afflict the world's poorest the most can be eradicated, Microsoft founder Bill Gates said, but he worries austerity measures could clip some public funding.
"I'm very confident that we will do the Muhammad Ali thing in round 8…Wednesday is round 8," RIM's CEO said at a debate in Davos. Ali won a fight with a knockout in the eighth round.
Henkel CEO Kasper Rorsted questions whether Europe has completely turned the corner on its economic and political woes.
It is difficult to export and compete with the U.S. due to the high euro/dollar exchange rate, which should be around parity, says Giuseppe Recchi, chairman of Italy's Eni.
CNBC's Simon Hobbs reports on today's market-moving events from Europe.
Yahoo CEO Marissa Mayer is confident that her company will be able to capitalize on the explosion in mobile communication, saying Yahoo will focus on strong partnerships with Apple, Google and Facebook.
Cyprus's finance minister, Harris Georgiades, concedes there were "problems in the past" between the Cypriot government and the central bank governor, who has just resigned.
European stocks closed mixed on Tuesday, as the crisis in Ukraine curbed enthusiasm for riskier assets.
Riccardo Barbieri, chief European economist at Mizuho International, says UniCredit could be vulnerable the turmoil in Ukraine, given its exposure to eastern europe.