Greece's creditors drafted an agreement to put to the Greek leftist government to conclude four months of acrimonious negotiations and release aid.» Read More
The pressure on Italy's fragile Italian coalition government may have eased after ministers agreed to abolish an unpopular real estate tax, but some analysts warned that this political stability would come at a cost.
Josef Ackermann, the chairman of Zurich Insurance Group, has resigned after indicating that he felt pressured to take part of the responsibility for the death of Chief Financial Officer Pierre Wauthier, the firm announced on Thursday.
Carrefour reported a 4.9 percent rise in first-half recurring operating profit as a sharp improvement in the profitability of its core French business offset weakness in Spain and Italy, and in Asia.
The world's oldest international film festival, which kicked off on Wednesday, is becoming an increasingly important launch pad for small-budget films, according to industry experts.
The Bank of England would consider injecting further stimulus into the economy if rising bond yields threaten its recovery, central bank governor Mark Carney said.
An imprisoned drug dealer faced further bad news when he was asked to pay income taxes on his illicit activities,while still in jail.
Revelers had to pay to take part in Spain's annual tomato-throwing festival for the first time, as the country's economic crisis continues to grip local towns and villages.
The newest additions to the English dictionary are likely to make language purists "vom," as "selfie" and "phablet", are among hundreds of new words that have been added to Oxford Dictionaries Online.
Sick of the "experts" getting their forecasts wrong? The public are being encouraged to take on the Bank of England by betting on the U.K.'s inflation and unemployment rates.
German consumer confidence eased slightly heading into September, albeit remaining close to its highest level in nearly six years, as shoppers worried about creeping inflation.
G4S said it would sell businesses and issue new shares to strengthen its balance sheet, allowing its new boss to clean up the company's reputation.
Former German President Christian Wulff will go on trial in November on corruption charges, more than 18 months after he resigned from the largely ceremonial role in disgrace.
In a rare outburst, German Chancellor Angela Merkel has said Greece should never have been allowed to join the single currency.
The Dutch government has agreed a further $8 billion in budget measures to honor the European Union's deficit ceiling next year, Finance Minister Jeroen Dijsselbloem told reporters.
The upswing in German business sentiment continued in August, according to data from Germany's Ifo Institute released on Tuesday.
The U.K.'s service sector grew to its highest level seen since before the financial crash of 2008, according to a new report released on Tuesday.
The company reported a 12.5 percent fall in first half revenue and said its profit would be heavily weighted to the second half of the year.
Bank of England (BoE) Governor Mark Carney will make his first public speech on Wednesday and analysts expect him to try and persuade businesses that interest rates will remain low for the foreseeable future.
Falling demand from China will likely cause an oversupply in the copper market by the end of this year and could weigh on prices for the metal until 2016, the CEO of copper miner Antofagasta told CNBC on Tuesday.
Zurich Insurance's chief financial officer, Pierre Wauthier, was found dead at his home Monday, the company announced in a release.
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