Alstom SA has pleaded guilty and will pay $772 million in criminal penalties to settle bribery charges with the U.S. Justice Department.» Read More
Despite efforts by the Russian government to tackle corruption, concerns are mounting that a failure to stamp out the practice will continue to damage the country's international reputation and, ultimately, its economy.
Germany's constitutional court began its hearing over the legality of the European Central Bank's bond buying program and the head of the court said the success of the program wouldn't be relevant.
Thames Water has been slammed by public sector unions and politicians after the UK's biggest water company by revenue announced that it paid no corporation tax last year, the FT reports.
British house prices rose at their fastest pace in nearly three years in May, a survey showed on Tuesday, as policies aimed at kick-starting the market attracted new buyers.
Michalis Sallas has thrived in Greece’s freewheeling business culture as head of Piraeus Bank, but financial oversight is increasing and may complicate his dealings.
The ECB will not resort to "higher inflation rates" to resolve the euro zone debt crisis, the central bank president told a German broadcaster Monday.
UBS, the biggest Swiss bank, is the target of a widening tax evasion investigation in France, a spokeswoman for the Paris prosecutor's office said.
Sub-Saharan Africa has typically been classified as a natural-resource play for foreign investors, but its real potential rests with the region's middle class, top executives told CNBC.
Despite posting record unemployment figures in the first quarter of this year, Spain and Italy’s CEOs are the best paid in the euro zone.
Angela Ahrendts, the chief executive of luxury fashion brand Burberry, has become the first woman to top the list of highest paid CEOs in Britain, according to a survey of the U.K.'s largest listed companies.
AstraZeneca is to buy U.S. respiratory drug specialist Pearl Therapeutics for up to $1.15 billion, as Britain's second biggest drugmaker steps up a drive to rebuild its product pipeline via deal-making.
Orange CEO Stephane Richard was held for questioning on Monday over his role in a 2008 arbitration process that resulted in a large pay-out to businessman Bernard Tapie.
Turkey faced fresh turmoil on Monday, as the lira weakened against the dollar and trading in the Istanbul stock market was delayed following a glitch.
The ECB's bond-buying program, widely credited with drawing a line under the region's crisis, is to undergo scrutiny in Germany's top court this week, prompting fears that the judges could put restrictions on the plan.
Some of the most famous tax havens in the world are in the heart of Europe, where a history of banking secrecy has created opportunities for large savings. But these havens are under increasing pressure to unlock their secrets.
Europeans are increasingly learning Chinese to boost their career prospects, but recruitment firms warn difficulties mastering the language, plus the insularity of European business, means those efforts may be misdirected.
Despite record unemployment in the continent, anemic growth at best and a manufacturing sector in contraction territory, French President Francois Hollande said the euro zone crisis is over.
One of the bitterest fights in monetary policy lands in court this week: did the European Central Bank's pledge to save the euro last year undermined the constitution? The Financial Times reports.
Chancellor Angela Merkel urged European Union countries to carry out further structural reforms, saying Germany could only remain in good shape if the European economy recovers.
Turkish Prime Minister Tayyip Erdogan's AK Party ruled out early elections as tens of thousands of anti-government demonstrators defied his call for an immediate end to protests.
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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.
European shares ended higher on Monday, with sentiment boosted by a rebound in the Russian ruble and earlier gains in the oil price reversed on supply fears.
Multinationals were the target of many cyberattacks this year in which dozens of million of consumer information were stolen. Here are the top 5.