Blackstone is "giving up on Russia", highlighting how even well-connected western investors are shying away from doing business in the country.» Read More
Japan will have to make "huge" efforts to get its economy moving again, and the process could take years.
The euro zone may need higher inflation in countries like Germany and lower interest rates across the bloc to ensure a sustained economic recovery brings palpable benefits, the head of the IMF said on Friday.
Barclays paid 428 bankers more than 1 million pounds ($1.5 million) in 2012, a torrid year for the British bank after its fine for rigging Libor interest rates.
CNBC's Kelly Evans reports European shares traded higher ahead of Friday's jobs report in the U.S.
The big winner in Italy's election was populist leader Beppe Grillo, but young Florence mayor Matteo Renzi is emerging as a less obvious beneficiary of a huge protest vote that threatens to destroy the old political system.
European shares opened higher ahead of U.S. nonfarm payrolls released later today.
Tourism in Greece is bouncing back this year in an otherwise flat European market, held back by the weak economic climate, travel industry executives said.
The euro zone is undergoing serious socio-political fragmentation which could lead to further de-stabilization in the bloc, Nouriel Roubini warned Friday.
Hans-Werner Sinn, president of the IFO Institute discusses Germany's willingness to support weaker euro zone economies and reforms needed to kick-start growth.
Barclays' chief executive Antony Jenkins has told investors that cost reduction is his absolute priority and he wants to find a way for the bank to operate with as few as 100,000 staff – a near 30 per cent reduction on its current headcount. The Financial Times reports.
Nomura and Societe Generale are the latest banks to warn about gold, as several banks in recent days have cut their price forecasts and warnings about a correction for bullion have risen.
European shares ended slightly lower on Thursday, held back by a post-results slump for British insurer Aviva, and some said they expected the pullback to continue in the short term.
Kevin Gardiner, head of investment strategy at Barclays, tells CNBC that from a narrow investor viewpoint, European stock markets have the edge over most other asset classes.
CNBC's Simon Hobbs reports on Thursday's market-moving stories from Europe.
John Authers, senior investment columnist at the Financial Times, tells CNBC that the ECB is divided when deciding which policy avenue to follow.
Michael Mewes, portfolio manager at JPMorgan Asset Management, tells CNBC that the market reaction to the ECB press conference was completely out of context, with a "non-event" Draghi speech.
European Central Bank President Mario Draghi called on euro zone governments to implement structural reforms on Thursday, warning that the economy should stabilize later in 2013 but that downside risks to growth remained.
An Italian court sentenced Silvio Berlusconi on Thursday to one year in jail over the publication by his newspaper of a transcript of a leaked wiretap.
Prime Minister David Cameron said on Thursday that the Bank of England had to play its part in getting Britain's economy growing and said the government must curb spending and borrowing.
Helmut Siekmann, professor at the Goethe University Frankfurt explains why he believes the ECB will not change its monetary policy in the coming few months.
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Power will definitely be devolved to the Scottish people, says Alistair Carmichael, Scottish Secretary of State, as all three U.K. political parties have agreed to it.
Todd Horwitz, author and founder of Averagejoeoptions.com, says the U.S. equity market is "very close to a top" and could start to see some selling pressure.
Josef Schuster, founder of IPOX Schuster, and Jeffrey Dachis, CEO and co-founder of Razorfish, discuss the Alibaba IPO and whether the group will be able to continue to grow as it has so far.