Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.» Read More
The European Parliament voted to reject a deal reached by EU leaders on the bloc's next seven-year budget unless significant changes are made to the 960 billion euro plan.
Italy's three-year borrowing costs rose to their highest since December on Wednesday after Fitch cut its credit rating last week, but the country also managed to sell the top planned amount of a new 15-year bond.
Nigeria doesn't seem like a very safe bet for investors. But the country still offers investors several opportunities, especially in the banking and consumer goods sectors.
Output at euro zone factories fell more than expected at the start of 2013 and production in France and Germany slipped in the latest sign the bloc is struggling to emerge from recession.
As calls grow for Germany to have more control over the European Central Bank, banker Jens Weidmann played down calls for it to have more voting power.
CNBC's Kelly Evans reports global markets paused for a breath after hitting multi-year highs in recent days.
The euro zone's 17 finance ministers will meet on Friday to discuss a financial bailout of Cyprus, signalling growing momentum for a deal.
Chad Morganlander, portfolio manager, Stifel Nicolaus, expects the transition from the liquidity-driven stock market rally into an economic and earnings story will be difficult due to continued trouble in Europe.
Allegra Perry, luxury research managing director at Cantor Fitzgerald, tells CNBC that the fall in Inditex's share price is a small correction but she expects their growth figures to remain solid.
The U.K.'s blue-chip index has soared 10 percent so far this year. Goldman Sachs says there's more to come.
Steve Sedgwick takes you through the European market open where stocks have come in lower.
The security fiasco at last year's Olympic Games was a "significant distraction" for G4S but its core business has managed to avoid any long-lasting damage to its reputation, Nick Buckles CEO at G4S told CNBC Wednesday.
Years of inflation in Chinese wages and freight costs have chased several US manufacturers back home from China. Now a British food producer is delivering arguably the ultimate blow to the one-time factory of the world. The FT reports.
Zara owner Inditex posted a 22 percent rise in 2012 profit to 2.4 billion euros ($3.13 billion) on Wednesday, shrugging off belt-tightening in home market Spain by tapping fashion-hungry consumers in markets like Asia.
Louise Cooper of CooperCity discusses economic red flags she is seeing. "I think the UK is very bad at analyzing what's going on in Europe," she says.
Chancellor Angela Merkel urged German employers to help get more women back to work after they become mothers in a country that needs to boost its workforce.
How immune is the U.S. market to the continuing crisis in Europe? Ewen Cameron Watt of BlackRock, provides perspective on the global markets, and on what's guiding BlackRock's stock.
Dissecting today's market action in the European markets, with CNBC's Simon Hobbs; and weighing in on activists role in the markets and whether stocks are still cheap is Aswath Damodaran, NYU Professor.
Politicians must act to combat Europe's financial crisis because central banks can't do it alone, Jens Weidmann, the president of the Bundesbank, said Tuesday.
Jens Weidmann, president of the Bundesbank and a member of the ECB's governing council, says only politics, not the European Central Bank, can solve the euro zone crisis.
Get the best of CNBC in your inbox
The "iconic London building", the Gherkin, has been put on the market for $1.1 billion. Julian Stocks, partner at Deloitte Real Estate, comments on potential buyers and the London office sector.
Carlos Caicedo, principal analyst at IHS Country Risk, says that Argentina defaulting and then restructuring its debt a few months later could lead to capital flight, currency fluctuations and social unrest.
Hans Humes, founder and CEO of Greylock Capital, discusses Argentina's bond woes and says holdout bondholders need "some kind of gesture" from the country.