The U.S. Supreme Court allowed Barclays to claim about $4 billion of assets as part of its purchase of much of Lehman Brothers' brokerage unit.» Read More
Sales of European non-investment grade debt to the U.S. have hit a record high this year, despite the continued issues in the euro zone. There are several key reasons why this is happening.
Underlying sales at Nestle grew 4.1 percent in the first half, missing forecasts and lagging growth of rivals Danone and Unilever, as price erosion continued in Europe.
Global miner Rio Tinto signaled it has given up hope of ditching its Pacific Aluminium business, as it reported an 18 percent drop in first-half underlying earnings.
A bumper week of economic data for Germany, coupled with a confirmation of its AAA rating, has boosted hopes that its recovery is gaining traction.
Bank of England governor Mark Carney followed in the Federal Reserve's footsteps on Wednesday by linking the interest rate outlook to unemployment, but experts are unconvinced of the advantages of his new plans.
Just over a year since she left France's presidential residence, Carla Bruni-Sarkozy told CNBC she doesn't miss being the country's first lady.
Tax breaks are succeeding in luring top Hollywood filmmakers to Britain, according to the director of the British Film Institute's Film Fund, who argued the country's economy benefitted as a result.
Italy’s longest post-war recession appears to be drawing to a close, with economists predicting that its GDP will finally return to growth in the last quarter of 2013.
For the first time in France, fast food overtook traditional restaurant receipts as the economic crisis deepened, and the share of people who pack a lunch for work is rising faster by the year.
Insurer Old Mutual reported a 14 percent rise in operating profit for the first half of 2013 on Wednesday in line with analyst forecasts, helped by a strong performance in rocky emerging markets as well as the United States.
Dutch financial group ING beat second-quarter profit forecasts at its main banking business and said it was looking at further possible cost savings.
U.K. job placements surged in July, according to a new report by KPMG, a day after the Bank of England said it would keep interest rates at record lows until unemployment falls.
Plans by Abercrombie & Fitch to open a children's store on London's Savile Row have come under fire from tailors determined to keep the historic street free of chain stores.
There are some early signs that Europe may be bottoming.
Pope Francis has made several critical comments on world economic issues. Analysts say he's issuing a warning over the future of free market thinking.
Italy's largest bank posted better-than-expected net profit on Tuesday, despite setting aside 1.7 billion euros ($2.3 billion) to cover losses on bad loans.
French bank Natixis posted second-quarter profit and revenue that beat estimates on Tuesday, after rival Credit Agricole reported results that also topped forecasts.
The Bank of England's inflation report is not usually renowned for crashes, bangs or wallops - but on Wednesday, U.K. market watchers will be following it with bated breath.
Polo has often had a stuffy reputation. But one London-based technology consultant is now looking to introduce the British to Segway polo, a revamped form of the game.
A Lloyds of London affiliate is offering a 1 million euro ($1.3 million) reward for information leading to a diamond collection stolen at gunpoint from a jewel show in Cannes.
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CNBC's Phil Han reports on why Korea wants the world to eat its food and the internet craze sweeping the globe.
James Cuthbertson, global sales director at Pulsar & FACE, talks about what happens on social media platforms when it comes to events like the Pacquiao vs. Mayweather boxing fight last weekend.
John Authers, senior investment commentator at the Financial Times newspaper, says that any alternative to a hung parliament in the U.K. would be "remarkable."