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CNBC's Simon Hobbs reports European stocks were flat on Thursday, as investors react to the the Bank of England's decision to keep monetary policy unchanged.
European shares closed mixed on Thursday after better-than-expected jobs data from the U.S.
Richard Ward, CEO of Lloyd's, highlights that the European Union is very important to the U.K's financial sector but that some of its planned regulations could hurt.
The only company to have fracked for shale gas in the UK, Cuardilla Resources, is set to begin exploratory drilling for oil 31 miles (50 km) south of London.
Hans Redeker, global head of foreign exchange strategy at Morgan Stanley, said the U.K. economic environment points to a weaker British pound, despite stronger-than-expected economic data.
South Africa's Minister of Finance, Pravin Gordhan, has accused the UK of trying to "pass the buck entirely onto the South African side" following the fallout from the UK government's withdrawal of aid.
Asian stocks fell on worries over rising inflationary pressure in China, reports CNBC's Eunice Yoon.
The world of tabloid journalism, London-style, will be showcased in a new television series executive-produced by CNN host Piers Morgan, who is also a former editor of two of Britain's popular newspapers.
The Bank of England left its benchmark rate unchanged at 0.5 percent, a record low, on Thursday. Policymakers also kept the size of the asset purchase program unchanged at 375 billion pounds ($584 billion).
U.K. Prime Minister David Cameron has said the debate over the role of the European Union (EU) wasn't surprising given the "stratospheric" levels of unemployment in countries like Spain.
Neil Atkinson, director of energy research and analysis at Datamonitor, expects oil prices to lower as global oil production continues to increase despite "sluggish" demand.
Nokia unveiled a new mid-range Asha phone priced at $99, aiming to prevent consumers, particularly in emerging markets, from switching to Google's Android as they upgrade from basic phones.
Despite an Italian court ruling that Italy's former prime minister Silvio Berlusconi should go to prison, the leader of the center-right bloc could once again dodge Italy's legal system.
Andrew Sentance, a former member of the Bank of England's monetary policy committee, told CNBC that he doesn't expect more stimulus from the central bank on Thursday.
Steve Sedgwick takes you through the European market open where stocks have come in mixed.
Andrew Sentance, senior economic advisor for PwC, tells CNBC that the French economy is not going to grow very much this year and the country needs to halt unemployment.
Bundesbank chief Jens Weidmann said the ECB is still able to take policy action to address the euro zone crisis, a German newspaper reported on Thursday.
A Milan appeals court upheld a four-year sentence for tax fraud against former prime minister and center-right leader Silvio Berlusconi on Wednesday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as the risk-on rally continues.
The risk-on rally continued on Wednesday, with European shares extending gains to close higher, boosted by upbeat Chinese export data.
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The FBI have stated that North Korea's government is responsible for the Sony attack. Neil Ashdown, deputy head of Asia analysis at IHS, weighs in, saying that it's difficult to "definitively attribute" a hacking attack to a particular group or state.
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