The drama at Portuguese lender Banco Espirito Santo (BES) resumed on Thursday with a former CEO of the bank being held by police in Lisbon.» Read More
The U.K. pound has come under increasing pressure in the last few weeks as the outlook for growth in the country looks sluggish, but the currency could fall even more as the economy faces multiple problems.
CNBC's Kelly Evans reports on all the market moving events from Europe.
Cyprus may seem too small for markets to care. But UBS has warned that the Mediterranean island is big enough to cause trouble in the euro zone after seeking a bailout from the troika, made up of the International Monetary Fund, the European Commission and the European Central Bank.
Gideon Rachman, chief foreign affairs columnist at the Financial Times, tells CNBC that David Cameron's attempt at EU renegotiation is becoming a farce and he risks being humiliated if it fails.
The "awakening dragon" that is the growing Chinese economy will help boost oil demand in 2013, the International Energy Agency (IEA) said on Friday as it raised its 2013 demand forecast.
Karen Cho takes you through the European market open, where the Friday session has started out on a positive note.
The European Central Bank should keep monetary policy easy and perhaps try to lower borrowing costs further to help the euro zone's struggling economy, the head of the International Monetary Fund said on Thursday.
Guy Wolf, global head of market analytics at Marex Spectron, tells CNBC that the deterioration of the German industrial base is more severe in the short-term than people realise.
Bhaskar Laxminarayan, Chief Investment Officer of Bank Pictet & Cie, Asia says he advises clients to invest in quality names in European energy, retail and luxury sectors as he sees good value there.
Jean-Michel Six, chief European economist at ratings agency Standard & Poor's, says European house prices will continue to fall in 2013.
CNBC's Simon Hobbs reports on today's market moving events from Europe.
As the financial crisis in Europe and the U.S. forces governments to reduce budgets, entitlement policies have been cut and income inequality has increased.
Travel advice for the wealthy elite -- plus guidelines on cocktail attire -- seem far removed from the Forum's commitment to "improving the state of the world."
In a departure from recent times, the Davos gathering will be dominated by the U.S. fiscal crisis rather than Europe's.
Ireland, seen by some as a relative success story for austerity, may want to access the funds, known as Outright Monetary Transactions.
Europe's Airbus posted a 43 percent drop in orders and surrendered its crown as the world's largest planemaker to Boeing last year, but predicted improvements in both orders and deliveries for 2013 as airlines seek to reduce fuel costs.
Rio Tinto, the mining giant, was in turmoil Thursday morning after the abrupt departure of its chief executive and the announcement of a $14 billion writedown.
Richard Perks, director of retail research at Mintel International, tells CNBC who won and who lost in the Christmas trading.
Criminal masterminds and Hollywood scriptwriters have been put on notice. Germany's central bank is planning to shift 54,000 gold bars worth 27 billion euros from Paris and New York to its base in Frankfurt. The FT reports.
Karen Cho takes you through the European market open, where the rally seems to be running out of steam.
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Tomas Fiala, CEO of Dragon Capital, comments on the day's events in Ukraine, which include the resignation of the Ukrainian prime minister.
Europe is at risk of terrorist attacks as "hundreds" of fighters in Syria hold Western passports, say Torbjorn Soltveldt, principal MENA analyst at Maplecroft, following the Norwegian terror attack warning.
Alan Brown, senior adviser at Schroders, discusses high-frequency trading and regulation, as Barclays files to dismiss the U.S. suit against its dark pool trading.