Ukraine declared that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border.» Read More
The chief executive of upmarket notebook maker Moleskine told CNBC that the company was robust enough to withstand political instability in Italy and the digital age as it launched its initial public offering (IPO) on Wednesday.
Cyprus president Nicos Anastasiades has urged judges looking into the country's banking disaster to examine transactions handled by his family law firm as "a priority" in a bid to defuse public anger, the FT reports
Queen Elizabeth II has received a 5 million-pound ($7.6 million) boost in annual funds the British monarch receives from taxpayers to carry out official duties.
Rich Chinese tourists are now looking to spend their mega bucks closer home, choosing Hong Kong and Singapore over London and New York to get their luxury fix, according to an HSBC report.
European shares opened lower on Wednesday as Italy's political impasse continues to shake markets.
Zachary Latif, managing director, TLG Capital Investments, explains to CNBC why he is short on peripheral banks but long on the sovereign side.
Tom Rogers, Senior Economic Adviser to the Ernst & Young says the overall funding environment for Europe's banks should recover in the second half of 2013 and will support the region's recovery.
European shares closed higher on Tuesday, led by the telecoms sector, which was boosted by new reports that Vodafone, the world's second largest mobile operator, could be bought.
Events like those in Cyprus will happen in more countries all over the world, said Marc Faber, contrarian investor and publisher of the Gloom, Boom & Doom Report.
Christian Gattiker, global investment strategist and head of research at Julius Bar, tells CNBC that investors should 'hang in there' as the European markets might still have a little to run.
Cyprus's finance minister resigned on Tuesday after concluding a 10 billion euro bailout deal with international lenders in which the country slashed its dominant banking sector and hit depositors with losses.
Italy's center-left leader Pier Luigi Bersani said on Tuesday his bid to form a government after last month's deadlocked election was over, after his failure to gather enough support.
Marie Diron, chief economic advisor at Ernst & Young, tells CNBC that 2013 will see the banks hit the bottom and set out their stall for a genuine recovery and return to growth in 2014 and beyond.
Tom Levinson, foreign exchange strategist at ICAP, and Alan Higgins, chief investment officer at Coutts, tell CNBC why the euro has a negative outlook but the investor outlook is surprisingly positive.
The president of Cyprus has accepted the resignation of the country's finance minister, reports CNBC's Michelle Caruso-Cabrera.
Liz Ann Sonders, Charles Schwab chief investment strategist; and Scott Minerd, Guggenhein Partners CEO & CIO, share their views on what's driving the upward trend in the markets.
Capital controls have restored a sense of calm in Cyprus. At best, this is a short reprieve if they are not followed by more fundamental decisions, according to Pimco's CEO.
CNBC's Kelly Evans reports European stocks shrugged off weak economic data and marched higher in today's market action.
The euro zone jobless rate was stable at 12.0 percent in February, the European Union statistics office Eurostat said on Tuesday, which could add pressure for an interest rate cut by the ECB.
French car registrations fell again in March as consumers, worried about the economy, maintained the wait-and-see attitude which has prevailed over the past 16 months.
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A yes vote in the upcoming Scottish independence referendum could lead some insurers to move their headquarters to London, says Mark Nicholson, associate director at Standard & Poor's Rating Services.
The U.S. Federal Reserve remains data dependent and will not bow to hawks, says Mark Haefele, global chief investment officer at UBS, as Janet Yellen continues to make the argument that there is slack in the labor market.
European shares closed lower on Friday as tensions in Ukraine flared up once again. It comes after stocks fluctuated as U.S. Federal Reserve Chair Janet Yellen spoke about the labor market in Jackson Hole, Wyoming.