Pfizer's attempt to take over AstraZeneca through a $110 billion bid would have run aground on changes to U.S. tax laws, even if the companies had reached a deal.» Read More
Restructuring specialist Hilco said on Friday it had bought British entertainment retailer HMV, securing the future of the 92-year-old high street firm and 2,500 jobs.
Italy's fiscal deficit narrowed in the final quarter of 2012 to 1.4 percent of gross domestic product, compared with 2.6 percent in the same period of 2011.
Spain's banking bailout last year is now a distant memory. But according to one strategist, Spain's fragile economy now faces the possibility of tipping over into a renewed credit crunch.
CNBC's Kelly Evans reports on all the market moving events from Europe.
Spanish fishing company Pescanova said early on Friday it would file for insolvency after failing to reach an agreement with its creditors.
Interest in bitcoins has reached fever pitch around the world helping the price soar to an all-time high earlier this week, and Finland is firmly tuned into the zeitgeist more so than even the U.S. or Japan.
Davide Serra, founder and CEO of Algebris Investments, tells CNBC why he doesn't expect Europe to become like Japan, suggesting that the ECB's help is much more conditional than its BoJ counterpart.
Brendan Callan, CEO of FXCM Europe, says there is a disproportionate number of foreign exchange firms in Cyprus, because it's easy to get registered there due to relaxed regulations.
European shares opened mixed on Friday as investors await the latest U.S. jobs data to provide an indication of whether the world's largest economy is recovering.
Ian Harnett, European strategist at Absolute Strategy Research, says investors should not "play the fundamental game" as it is still a risk-on, risk-off market.
Kit Juckes, global head of FX strategy at Societe Generale, tells CNBC austerity is the wrong policy for Europe and that the region is heading towards a "lost decade" for growth.
Fears of a rush for the exits from the U.S. bond market have been greatly exaggerated.
France urged Germany on Thursday to grant it more time to hit its public deficit-cutting target, but denied it was turning into the new "sick man of Europe" even as data pointed to a deepening French downturn.
The war of words is escalating into action since North Korea moved a missile to its east coast. Gen. Barry McCaffrey, U.S. Army (retired), weighs in.
Global central banks are accelerating mostly ineffective policies because they feel they have no choice but to keep trying, Pimco's Mohamed El-Erian told CNBC.
European Central Bank President Mario Draghi said the central bank would keep monetary policy accommodative "for as long as needed".
European shares closed sharply lower on Thursday after comments made by the Mario Draghi, president of the European Central Bank (ECB), curbed investor sentiment.
Henk Potts, equity strategist at Barclays, tells CNBC that investors don't have enough risk in their portfolios, so should take advantage of a positive signs coming from the US and Europe.
Louisa Bojesen takes you through the European markets, which closed lower on Thursday.
David Milleker, chief economist at Union Investment, tells CNBC that the ECB have paved the way for a rate cut, but questions whether it would actually have the positive effect they desire.
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Russian billionaire, Alisher Usmanov, talks about his love of fencing and how it helped him in the investment and business world.
If Switzerland votes "yes" in the Swiss gold referendum, this could compromise the central bank's credibility and its ability to maintain its currency cap, says Nitesh Shah, gold analyst at ETF Securities.
Tony Hicks, chief international officer at LeapFrog, says toy sales escalate in November and December.