Blackstone is "giving up on Russia", highlighting how even well-connected western investors are shying away from doing business in the country.» Read More
Vladimir Putin may not be able to keep Bashar Al-Assad in power completely, but he may have formulated a plan to save the Middle Eastern strongman -- and boost Russia's power in the region, to boot, reports Oilprice.com.
Euro zone shares sank to three month lows on Tuesday after an Italian election stalemate renewed concerns about the future of the single currency area.
Nasser Marafih, CEO of Qatari Qtel, discusses the rebranding of his company as "Ooredoo", a move that was announced this week at the Mobile World Congress in Barcelona, Spain.
ECB's Draghi avoided a financial contagion in 2012, promising to do "whatever it takes" to defend the euro, but analysts say the policymaker also thereby created the very conditions that led to Italy's leadership vacuum.
Spain said it was extremely worried about the impact of Italy's deadlocked election result, warning on Tuesday the deadlock could affect the entire euro zone.
Mobile wars came to Barcelona on Monday as the world's largest technology giants unveiled their latest products.
The recent list of hacking victims couldn't be more high-profile. Facebook, Apple, Twitter, the New York Times and even Burger King have been hit by cyber-attacks, leaving some of them red faced. But that's also creating plenty of growth for internet and mobile security firms.
The regulatory framework for European telecommunication providers needs to change totally if Europe is to keep up with the U.S. in promoting faster wireless data networks, according to France Telecom-Orange CEO, Stephane Richard.
The Vatican said that in retirement Pope Benedict XVI's will be known as "emeritus pope," and continue to wear a white cassock.
Silvio Berlusconi has ruled out an alliance with former Italian prime minister Mario Monti and said the election results reflected popular discontent with austerity measures.
CNBC's Ross Westgate reports European shares traded sharply lower, with Italian stocks the worst performers as political deadlock gripped the euro zone's third-largest economy.
Entertainment-to-telecoms conglomerate Vivendi said on Tuesday it could give no full-year group outlook until it had more clarity on key asset sales, prompting its shares to slip.
Tina Fordham, senior political analyst at Citi, tells CNBC that a combination of the Italian constitution and political maneuvering mean uncertainty is likely to drag on for months.
Simon Maughan, financials sector strategist at Olivetree Financial Group, tells CNBC that the markets won't react too negatively to the Italian elections, beyond the initial immediate dip, because the ECB are not yet concerned enough to step in.
Marco Cristofori, head of equity department at Centrobanca, tells CNBC why investors should steer well of getting involved with anything which is exposed to Italy as he expects a 10% market slowdown.
Mark Haefele, head of investment at UBS Wealth Management, tells CNBC that the long-term trade is long British pound versus Euro.
Steve Sedgwick asks what now for Italy, as markets react to the news of an inconclusive election result.
Political deadlock in Italy could provoke upheaval in the euro zone economy, as well as in the currency and equity markets, analysts told CNBC.
Karen Cho takes you through the European market open, where stocks have dropped on the inconclusive Italian election result.
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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.