The U.S. Treasury Secretary is urging Greece to reach a deal with its creditors, warning that a default would damage the world economy.» Read More
J Sainsbury, Britain's third-biggest grocer, met forecasts with a pick-up in quarterly sales driven by growth at local convenience stores and online, outperforming rivals including market leader Tesco.
Silvio Berlusconi fought to hold his party together on Tuesday, a day before a showdown in the Italian parliament that will decide whether Prime Minister Enrico Letta can survive in office.
As the U.S. government shuts down after 11th-hour dealmaking failed to produce a budget, similar political rumblings can be heard in Europe.
Senior bankers in Britain could face a maximum jail term of seven years if they are found guilty of reckless misconduct, draft laws published on Tuesday said.
The Vatican bank published its annual accounts for the first time on Tuesday in an attempt to boost transparency and distance itself from a string of scandals.
Comedian Conan O'Brien has joined LinkedIn in hopes of becoming the site's most followed user, a ranking that belongs to British billionaire Richard Branson.
The talk at the conference of the U.K.'s Conservative party was all about the Chancellor and his pledge to get the country back in black.
Manufacturing output in the euro zone fell in September, signalling that the region could not be recovering as well as expected.
The European Central Bank (ECB) looks as though it won’t deliver any dramatic shocks when it meets in Paris Wednesday.
Euro zone unemployment numbers point to a tepid regional recovery, analysts said on Tuesday, after official data showed unemployment levels remained unchanged in August.
Consumer goods company Unilever warned on Monday that a slowdown in its emerging markets accelerated in the third quarter and it now expects underlying sales growth of just 3 to 3.5 percent in the period.
Google, which has been grilled twice in the past year by a UK parliamentary committee over its tax practices, had a UK tax bill of 35 million pounds ($55 million) in 2012, on sales of $4.9 billion to British customers.
Indian authorities have frozen some of Nokia's assets in a tax dispute but the move isn't expected to delay its handset business sale to Microsoft.
The European Central Bank is set to stick to its policy course on Wednesday while keeping a wary eye on risks to the euro zone's nascent recovery.
The French government will review its legislation on Sunday trading after two DIY chains defied the law and opened their doors over the weekend.
The Greek government said it would soon present a bill targeting racist hate speech, part of a crackdown on the Golden Dawn party.
Tumbling gold prices have hit one of Britain’s biggest pawnbrokers, Albemarle & Bond, with the company forced to issue a profit warning and launch an emergency sale of shares.
Italy's political chaos could spell further elections, market uncertainty and economic turmoil, analysts warn.
Structural issues in the European steel making industry need to be addressed, according to Jeff Largey, mining analyst at Macquarie Group, as steel prices look set to decline.
U.K. Chancellor George Osborne unveiled plans to overhaul unemployment benefits on Monday, as he attempts to boost his party's standing in the polls.
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Masood Ahmed, director of Middle East and Central Asia at the IMF, says that the IMF has two roles to play with Egypt, one of which is to provide dialogue and the other is to provide financial support.
Masood Ahmed, director of Middle East and Central Asia at the IMF, says that Egypt has made a lot of improvements regarding energy subsidies and broader reforms, but still has "a long way to go."
Peter Rosenstreich, chief FX analyst at Swissquote Bank, says the negotiations between creditors and Greece may not end well.