Pfizer's attempt to take over AstraZeneca through a $110 billion bid would have run aground on changes to U.S. tax laws, even if the companies had reached a deal.» Read More
The U.K.'s FTSE 100 Index closed off its session highs on Wednesday, after worse-than-expected employment data was released in the U.S. Trade was thin, with most European bourses shut for the May Day public holiday.
Julian Callow, chief international economist at Barclays, expects the ECB to cut its rate and says more needs to be done on the growth front in Europe, as it remains a "zombie economy".
As labor movement protests take place across Europe to mark the May Day public holiday, U.K. former prime minister Tony Blair warned that the situation in Europe is "very fragile."
U.S. and European companies are re-focusing on growth, said U.K. bank HSBC, whose analysts forecast the awakening will be positive for stock markets.
The European Central Bank (ECB) and its board members are gathering in the Slovakian capital of Bratislava for what could be one of the most interesting ECB meetings in some time.
CNBC's Ross Westgate reports U.K. shares moved higher on positive manufacturing data; while most European markets remained closed for the May Day public holiday.
A German political memo which is critical of the French government and accuses the country of being "Europe's biggest problem child" has been leaked to a German national newspaper.
Analysts question whether an ECB rate cut on Thursday will offer any relief to small businesses and households in the euro zone.
Moody's rating agency's double notch downgrade of Slovenia to junk status puts the country firmly in the spotlight again amid rising concerns that the heavily-indebted country may seek a bailout.
It may be an old cliche but the term "sell in May and go away, buy again on Leger's day", looks increasingly like competent equity advice, according one analyst.
David Owen, chief European economist at Jefferies International, tells CNBC that in his opinion the euro zone is turning Japanese, with even the demographics looking the same as Japan fifteen years ago.
Since the financial crash five years ago, the economic world can clearly be separated into two factions: the "austerians" and the "spendanigans."
Karen Tso takes you through the market open, where many of the European bourses are closed for a bank holiday.
London’s department store Selfridges said BlackBerry's new Q10 model is its “fastest-ever selling” technology product, but analysts remain unconvinced that this high demand will help the mobile maker remain relevant in a tough market.
Millions of children in Europe face lower life expectancy and higher risks of becoming homeless as the economic crisis continues, organizations and social policy experts told CNBC.
More than 80 countries are recognizing their labor movements with a national holiday. But for the millions of unemployed Europeans, the celebrations won't help the pain. CNBC's Robert Sawatzky reports.
John Noonan, Senior FX Analyst at Thomson Reuters and Kumar Palghat, Director of Kapstream discuss the expectations for the ECB rate decision on Thursday.
A collective howl of protest and despair will resound through Europe's streets and squares on Wednesday at the annual May 1 rallies. The Financial Times reports.
Jim Cramer is starting to wonder if events in Europe are about to have a major impact on the US stocks.
It seems a growing chorus of investors are turning skeptical. Should you join their ranks?
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Russian billionaire, Alisher Usmanov, talks about his love of fencing and how it helped him in the investment and business world.
If Switzerland votes "yes" in the Swiss gold referendum, this could compromise the central bank's credibility and its ability to maintain its currency cap, says Nitesh Shah, gold analyst at ETF Securities.
Tony Hicks, chief international officer at LeapFrog, says toy sales escalate in November and December.