The IMF and international creditors may need to reduce the principal amount Greece owes to avert a bigger crisis. Here are predictions.» Read More
The Bank of England's inflation report is not usually renowned for crashes, bangs or wallops - but on Wednesday, U.K. market watchers will be following it with bated breath.
Polo has often had a stuffy reputation. But one London-based technology consultant is now looking to introduce the British to Segway polo, a revamped form of the game.
A Lloyds of London affiliate is offering a 1 million euro ($1.3 million) reward for information leading to a diamond collection stolen at gunpoint from a jewel show in Cannes.
Ross McEwan's appointment as chief executive of Royal Bank of Scotland marked the latest phase in the return of retail banking to center stage.
Pension schemes for FTSE 100-listed companies failed to benefit from a rising stock market in the past year, leaving them with a gap between assets and liabilities of some £43 billion pounds ($66.09 billion), according to a new report released on Tuesday.
The Italian economy contracted for the eighth consecutive quarter in the second quarter of 2013 but shrank less than analysts expected, offering hope that the country is slowly emerging from recession.
August is traditionally the month of financial crises. Or indeed just crises. Whether it's the latest euro zone aggro or Saddam Hussein's invasion of Kuwait, things seem to heat up in August and markets head south.
The Swiss franc, a currency that has provided refuge for investors during the euro zone debt crisis, may be the next safe haven to fall, according to a report from Societe Generale.
Credit Agricole reported a more than twelve fold gain in quarterly profit on Tuesday from a year-ago period, depressed by Greece and Italy-related provisions.
HSBC, one of the world's largest banks, suffered a hit to its share price on Monday morning after posting disappointing results.
After it was announced Jane Austen would replace Charles Darwin on the £10, a countercampaign of online harassment has caused Twitter to tighten its global policy on reporting abuse.
French oil major Total plans to move its corporate treasury department to London to get closer to analysts and raise its profile with investors, a spokesman said.
The news that euro zone business expanded for the first time in 18 months in July has led analysts to question whether Europe's economy is finally on the up.
Britain's dominant services sector grew at its fastest pace in more than six years last month, suggesting a nascent economic recovery is rapidly building steam.
Euro zone business expanded for the first time in 18 months in July, albeit very slightly, suggesting the economy is slowly starting to stabilize.
António Horta-Osório, CEO of Lloyds Banking Group, said he aims to start paying out up to 70 percent of the bank's earnings in dividends within three years.
Thousands of supporters of Silvio Berlusconi protested in Rome against a tax fraud conviction, but the center-right leader said the government must continue.
British telecoms provider Vodafone is suing Telecom Italia for abusing its dominant position in Italy, seeking damages of more than 1 billion euros ($1.3 billion).
The introduction of Five Guys and Shake Shack in London last month is part of a growing trend of American culture seeping into British food and drink.
As markets digest monetary policy statements from three of the world's major central banks within 24 hours, two of the institutions have been hit with accusations of causing confusion and lacking transparency by economists.
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Apostolos Bantis, credit analyst of Commerzbank, discusses the situation in Greece following last weekend's bailout referendum.
Salman Ahmed, global strategist at Lombard Odier, discusses the fallout from the weekend's Greek bailout referendum.