Greece is bankrupt and should default, well-known investor Marc Faber told CNBC Friday, arguing that a "geopolitical game of chess" was being played.» Read More
The Deputy CEO of Greece's Piraeus Bank has told CNBC its non-performing loans are still rising and that it will have to take further provisions for losses in the current quarter.
The U.K.'s biggest utilities have hit out at plans by the country's opposition party to freeze energy prices if it wins the next general election in 2015.
The Bank of England will keep a close eye on the rising cost of houses in the country and says it can choose from a range of policy tools to employ if a price surge posed a risk to the financial system.
Nokia's chairman has admitted that he gave misleading information about the 18.8 million euro ($25.4 million) payoff to former chief executive Stephen Elop.
Airbus has secured commitments for more than 40 of its A320 family of aircraft from two new Chinese airlines, the company said at an industry event.
German consumer confidence rose to its highest level in six years heading into October, suggesting strong consumer spending will help the country to post moderate growth in 2013.
On stage at the morning Clinton Global Initiative panel, Bono stepped in to defend Ireland's low corporate taxes.
Belarus, Russia -- and now China -- are involved in a tussle for control of a valuable commodity that determines the cost of the food on your plate.
Peer Steinbrück, the centre-left Social Democrat (SPD) candidate for chancellor in Germany's election declines to say what a grand coalition would mean for German policies towards Europe.
Tensions are rising in Athens as public-sector workers walked out on a 48-hour strike, leaving hospitals and schools with very few staff.
France is set to present its budget for 2014 on Wednesday, and surprisingly under a socialist government, the tax burden on businesses could fall.
European corporate earnings are at a turning point, according to Nomura, which predicts that European firms are set for significant profit growth in the coming year.
The amount of passengers taking domestic flights in China in twenty years time will dwarf that of the U.S., leading aircraft manufacturer Airbus said on Tuesday.
Less than 48 hours after Angela Merkel secured a resounding victory in the German elections, the Chancellor's options to form a governing coalition appeared to narrow.
German business sentiment rose in September, though it fell short of analysts' expectations, according to the latest data from the country's closely watched Ifo business climate index.
Last year's "shareholder spring" has led Britain's largest companies to overhaul their remuneration packages, leaving top executives out of pocket, according to a new report.
ECB President Mario Draghi said another round of cheap loans for European banks could be provided to support the recovery.
Angela Merkel may have won a resounding victory in the German elections, but her triumph leaves key questions unanswered.
U.K. supermarket giant Tesco launched its attempt to tap into the tablet computer market and boost its online shopping and download services Monday when it unveiled its £119 ($190.95) "Hudl".
Angela Merkel celebrated her election victory by dancing in true 'mutti' style.
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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.