The deteriorating situation in Greece could get much worse, says billionaire Wilbur Ross—a view echoed by Robert Hormats, former Goldman Sachs International vice chairman.» Read More
Euro zone sentiment turned positive for the first time in more than two years.
Europe remains difficult terrain, according to Pirelli, with the company focussed on the premium sector.
Plans by Italian lender Banca Monte dei Paschi di Siena (BMPS) to raise over double its planned capital increase under a new bailout program have won the support of the European Union's antitrust regulator.
Exports of Irish whiskey are surging in key markets, multinationals are investing in the main brands and the number of distilleries is set to triple over the next five years, the FT reports.
Alexander Proschofsky, the leader of a shareholder revolt against Julius Meinl over the management of his bank, is a rare example of an activist investor in a culture where consensus is the norm.
Resentment is building over a tax treaty between France and Qatar, which has seen the Arab state's royal family snap up iconic real estate such as the Champs-Elysees.
Greece's recession will be less acute than expected this year, the country's prime minister said on Saturday.
Madrid, Istanbul and Tokyo parade before the Games' organizing body in a "least ugly" contest as they attempt to conceal their blemishes and win the right to host the 2020 Olympics.
U.K. Prime Minister David Cameron took to social media to defend his country on Friday, after reports that Russia had mocked Britain as a small island of no significance.
Citigroup has dropped Vodafone from its list of top European stocks, due to uncertainty about the fallout from its multi-billion dollar deal with Verizon.
Greece's economy shrank 3.8 percent in the second quarter, the smallest annual decline in nearly three years and helped by a rebound in tourism, adding to signs the economic slump may be bottoming.
Former European Central Bank (ECB) board member Lorenzo Bini-Smaghi said Mario Draghi may have to cut interest rates if bond yields keep rising, jeopardizing the euro zone's economic recovery.
German exports fell unexpectedly in July but imports rose, underscoring that the domestic economy will be key for growth in Germany this year.
German Chancellor Angela Merkel has stated that she is not afraid about the final weeks of her re-election campaign, despite the main opposition party gaining strength in polls.
Despite rumors that Italy's Silvio Berlusconi could "bring down" the government if he loses his seat in parliament next week, the country's former prime minister defended the politician.
Russia's finance minister says that G-20 leaders have agreed on a plan to take on multinational companies who tuck away their profits in offshore jurisdictions.
The euro zone is likely to decide on a third bailout for Greece in November, officials said on Thursday.
Like it or not, Italy's labor force recognizes that the long manufacturing slump may make factory closings inevitable. But this, they say, is no way to do it.
European Central Bank President Mario Draghi on Thursday said the bank would not participate in any additional debt relief for Greece, arguing that such a move would be tantamount to financing Greece directly.
Reports the U.K. is "actively considering" regulating the virtual currency Bitcoin are exaggerated, the country's financial watchdog has said.
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Dora Bakoyannis of Greece's New Democracy party discusses the country's "biggest crisis" since joining the European Union. Bakoyannis is touted as a future leader of the center-right party.
Tom Caddick, head of global multi asset solutions at Santander Asset Management, discusses the mood on Greece at Fund Forum International in Monaco.
Markets rocked on Monday after Greece instigated capital controls. However, Slim Feriani, CEO of MENA Capital, says an interest rate hike by the U.S. Federal Reserve could be bigger news than Greece for markets.