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CNBC's Kelly Evans reports on all the market moving events from Europe, as stocks lose ground and hope fades there will be additional monetary easing in Japan and a "fiscal cliff" deal reached in the U.S.
Italy's borrowing costs rose slightly at the first auction for long-term debt to be settled in 2013 as thin trading and worries over the U.S. budget weighed on peripheral bonds.
For Ian Barlow, Britain's tax authority has gone from being fearsome to being really rather nice.
Elections, the economy and a looming debt crisis in the U.S. and Europe dominated headlines in 2012. What will take center stage in 2013? Washington Post's Ezra Klein and Yahoo! Finance's Mike Santoli make their predictions on what's ahead for Washington, Wall Street and around the world.
British Prime Minister David Cameron's attempts to win back powers from the European Union could damage the 27-nation bloc and its single market, European Council President Herman Van Rompuy said in an interview published on Thursday.
Moscow is going to approve a ban on American couples from adopting Russian children, with Don Jensen, Center for Transatlantic Relations at Johns Hopkins University; and James Pethokoukis, American Enterprise Institute, discusses the state of Europe's fiscal woes.
The worst of the euro zone sovereign debt crisis is over, German Finance Minister Wolfgang Schaeuble said in an interview to be published on Friday.
CNBC's Simon Hobbs reports on all the market moving events in Europe today.
CNBC's Kelly Evans reports on what's moving global markets, as the Nikkei 225 moves up 0.91% today, and the Japanese yen weakens.
The European Central Bank will steadfastly enforce conditions attached to sovereign bond purchases under its program to help euro zone states cut borrowing costs, ECB Governing Council member Luc Coene said.
Big companies in Britain now pay less tax than they did 12 years ago despite a big jump in profitability. Tax campaigners say the trend is the clearest signal yet that tax avoidance has blossomed under a more business-friendly strategy at the UK tax authority Her Majesty's Revenue and Customs.
European regulations are stifling innovation within the telecom industry and preventing its growth, Ben Verwaayen, CEO of Paris-based telecom equipment maker Alcatel-Lucent has told CNBC.
Shareholders in Spain's nationalized lender Bankia face high losses after the country's bank rescue fund disclosed on Wednesday the bank has a negative valuation of 4.2 billion euros.
David Marshall, Senior Analyst, Asia-Pacific Financials, CreditSights says that Europe's outlook remains sanguine with hopes pinned on more refinancing, but the environment for bank profitability is shrouded in doubts.
Song Seng Wun, Regional Economist, CIMB Research flags political risks from Europe in 2013. He says China's policies are on a much more stable footing and its economy has troughed.
The Bank of England that Mark Carney will inherit in July is uncertain of its next steps, and the U.K.'s economic outlook does not appear to be getting any better.
Former Italian Prime Minister Silvio Berlusconi says he will run for Italian PM if the party asks him to, and that he has been sentenced to four years in prison due to tax fraud, reports CNBC's Michelle Caruso-Cabrera.
CNBC's Louisa Bojesen reports on all the market moving events from Europe, including light volume ahead of the holiday.
Ralph Silva, VP of Banking Strategy, HfS Research discusses Barron's cover story which forecasts Europe stocks could rally as much as 20 percent in 2013.
Silvio Berlusconi, Former Italian Prime Minister says he is returning to run in Italy's elections in February because of the threat from leftist parties.
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Jan Dunning, CEO of St Petersburg-headquartered hypermarket chain Lenta, says the situation in Ukraine has had no impact on the group, as consumer confidence remains unaffected in Russia.
Vincent Deluard, European strategist at Ned Davis Research Group, says the strong euro is a problem for the region's companies, especially for the large exporters.
European shares closed higher on Thursday as investors brushed aside concerns regarding Ukraine and focused instead on Wall Street earnings and the latest U.S. jobs data.