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  • Glencore Founder and Fugitive Marc Rich Dead at 78 Wednesday, 26 Jun 2013 | 5:29 AM ET
    Marc Rich, founder of Glencore.

    Marc Rich, the founder of Glencore and later fugitive who was controversially pardoned by President Bill Clinton on his last day in office has died in Switzerland.

  • Miner's Shares Surge After It Finds 100-Carat Diamond Wednesday, 26 Jun 2013 | 5:07 AM ET
    A diamond cut from Gem Diamond's 'Lesotho Promise,' found at the Lesotho mine in 2006

    Mining company Gem Diamonds, announced on Wednesday it had found a 100 carat rough diamond, the third big diamond found by the company in just two months.

  • German Consumer Sentiment Highest in Almost 6 Years Wednesday, 26 Jun 2013 | 2:12 AM ET
    Shoppers in Berlin

    Morale among German consumers rose to its highest level in almost six years heading into July thanks to a robust labor market and strong wage hikes, adding to signs that Europe's largest economy is slowly recovering.

  • EU Tries (Again) to Shield Taxpayers From Bank Failure Wednesday, 26 Jun 2013 | 2:04 AM ET

    The European Union will make a fresh attempt on Wednesday to share out the costs of future bank failures, starting a regime to spare taxpayers further bailouts.

  • Italy Could Be Riskiest of EU Coalitions: JPMorgan Tuesday, 25 Jun 2013 | 12:59 PM ET
    New Italian Prime Minister Enrico Letta

    With fresh political crises hitting the fragile coalition governments in Italy, Greece and Portugal, JPMorgan warned on Tuesday that tensions could prove unmanageable in the long-term.

  • The Unseen Legacy of Europe's Crisis Tuesday, 25 Jun 2013 | 10:13 AM ET

    Europe does not only suffer from unemployment but also underemployment with workers who are overqualified, interns who are unpaid and part-time employees who want full-time work, which could leave a permanent mark on a generation.

  • Draghi: Bond-Buying Program More Essential Than Ever Tuesday, 25 Jun 2013 | 8:46 AM ET
    Mario Draghi

    An "accommodative" monetary policy is still appropriate for the European Central Bank, ECB President Mario Draghi has said.

  • BoE's King: Markets Have Jumped Gun on Interest Rates Tuesday, 25 Jun 2013 | 8:42 AM ET
    Mervyn King, Governor of the Bank of England

    Outgoing Bank of England Governor Mervyn King said that markets have "jumped the gun" about when central banks are likely to start raising interest rates.

  • Samsung in Talks to Settle EU Antitrust Case Tuesday, 25 Jun 2013 | 6:21 AM ET

    Samsung Electronics is in early talks with the EU antitrust regulator to settle charges that it abused its market position by barring Apple from using an essential mobile phone patent. The talks come after the European Commission told Samsung it was acting unfairly by seeking injunctions against Apple.

  • Europe Is Wasting Time: Euro Architect Issing Tuesday, 25 Jun 2013 | 4:48 AM ET

    The euro zone has squandered precious time in making reforms during a time of central bank support for the economy, the president of the Center for Financial Studies, Otmar Issing, told CNBC on Tuesday.

  • Italy Police Investigate Soccer Clubs on Player Trades Tuesday, 25 Jun 2013 | 4:44 AM ET

    Italian finance police on Tuesday conducted search and seizures of 41 soccer clubs, including 18 top league teams, on suspicion of tax evasion and money laundering in the buying and selling of players.

  • 'Shocking to the Core': Irish Bank Talk Tapes Leak Tuesday, 25 Jun 2013 | 3:07 AM ET

    Ireland's opposition called for a full inquiry into the collapse of the country's financial system in 2008, after a newspaper published recordings of talks between Anglo Irish Bank executives about a bailout.

  • Greek PM Reshuffles Cabinet to Overcome Crisis Tuesday, 25 Jun 2013 | 2:54 AM ET

    Greek Prime Minister Antonis Samaras reshuffled his cabinet on Monday, aiming to bolster his government days after the smallest party in the ruling coalition quit over the closure of state TV.

  • Bernanke Is Doing the Right Thing: Trichet Tuesday, 25 Jun 2013 | 2:29 AM ET
    Jean-Claude Trichet

    The former head of the European Central Bank told CNBC that central banks can only do so much to jump-start a global recovery.

  • Banking Reform Deal Is in Sight, Says EU's Rehn Monday, 24 Jun 2013 | 11:56 PM ET

    European ministers are likely to reach a deal on banking reform on Wednesday, the EU's economic and monetary affairs commissioner Olli Rehn told CNBC.

  • Frozen Meals in France Draw Flak From Unions Monday, 24 Jun 2013 | 11:25 PM ET

    French restaurants are increasingly serving diners frozen meals or ready-to-eat plastic sealed meals, attracted by its economic advantage. The Christian Science Monitor reports.

  • Qatar's Emir Set to Hand Over Power to Son Monday, 24 Jun 2013 | 11:37 AM ET
    Qatari Emir sheikh Hamad Bin Khalifa al-Thani (R) and Qatari Crown Prince Sheikh Tamim Bin Hamad al-Thani (L) in 2007.

    The emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, 61, informed members of the ruling family on Monday of his decision to hand power to Crown Prince Sheikh Tamim, the Qatari-owned television channel Al Jazeera said.

  • Italy's Berlusconi Gets 7 Years for Sex With Minor Monday, 24 Jun 2013 | 11:30 AM ET
    Silvio Berlusconi and Ruby El Mahroug

    Italian judges found former Prime Minister Silvio Berlusconi guilty of having sex with a minor and abuse of power, giving him seven years in jail and imposing a lifetime ban on holding office.

  • French Tycoon Bernard Tapie Held by Police Monday, 24 Jun 2013 | 11:05 AM ET
    Bernard Tapie

    French police questioned flamboyant tycoon Bernard Tapie on Monday in a fraud investigation that threatens to damage ex-president Nicolas Sarkozy's hopes of a political comeback.

  • London’s Rich Feel the Pinch as Caviar Prices Rise Monday, 24 Jun 2013 | 11:03 AM ET
    Royal Beluga caviar.

    An influx of rich Europeans to London is causing the cost of living for the ultra-wealthy to surge, a private wealth management firm reported on Monday.

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