Britain's Royal Mail Group said it would have to rely on cost control measures and letters sales to meet full-year expectations.» Read More
Europe's peripheral economies face a re-run of the U.K.'s "winter of discontent", with high unemployment and stagnant growth, according to a report by Goldman Sachs.
CNBC's Ross Westgate reports on all the market moving events from around the globe, including the unveiling of a new stimulus package in Japan.
Oil demand in Europe, already at its lowest in 20 years after five years of declines, is set to fall further, dented by a bleak economic outlook, increasing energy efficiency and a switch to alternative forms of energy.
Germans take pride in their engineering and organisational skills but their country's reputation for efficiency has been exploded by a farcical series of delays in building Berlin's new international airport
Investors sifting through analysts' new year predictions for stock market movements may want to press "delete" and look instead for sound companies, as history shows equity index forecasts are usually wrong.
A fall in euro zone government bond yields, rallying regional equity markets and a stronger euro suggest that six months after Mario Draghi pledged to save the euro zone from collapse, the European Central Bank (ECB) chief appears to be winning his battle with financial markets.
Google will be forced to change the way it presents search results in Europe or face antitrust charges for "diverting traffic" to its own services, the EU's competition chief has said, laying out a sharply different approach from his US counterparts. The FT reports.
Francois Hollande's clumsy handling of financial reform promises has turned public mood against him and prompted smirking foreign leaders to offer refuge to French tax exiles.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as the ECB decided to keep its interest rates unchanged at 0.75 percent.
One analyst is warning that developing economies may run out of cheap labor and additional growth, which must be driven by increasing total-factor productivity linked to social and political reform.
Lately, once-wonky price indexes have found themselves at the center of heated policy debates on both sides of the Atlantic.
The Bank of England kept its powder dry on Thursday, voting as expected not to buy more government bonds.
The ECB said on Thursday that recent economic surveys and indicators had shown signs of stabilizing, suggesting an improved picture later in the year.
CNBC's Kelly Evans reports on all the market moving events from Europe, as investors looked towards key rate decisions by the European Central Bank and Bank of England.
The European Central Bank is expected to keep interest rates at a record low of 0.75 percent on Thursday, refraining from a cut as the euro zone economy shows some signs of stabilising and inflation still tops its target.
Germany's Deutsche Bank benefited from trades pegged to the London Interbank Offer Rate (Libor) currently under investigation, the Wall Street Journal reported on Thursday, adding that the bank made at least 500 million euros ($654 million) in profit from the trades in 2008.
Spain's Treasury sold 5.8 billion euros in bonds on Thursday, well above its target range of 4 billion to 5 billion euros, and borrowing costs came down at its first debt auction of the year.
The Obama administration on Wednesday publicly signaled its growing concern about a possible British exit from the EU, just days before David Cameron sets out plans for a referendum on the issue.
France may have bid adieu to one of its main cultural exports in actor Gerard Depardieu who has left the county in a protest over tax, but it is assiduously courting the international business world in order to revive the French economy.
Tesco, the world's third largest retailer, named a new British leader as it showed signs of a revival in its home market with a rise in underlying Christmas sales.
Get the best of CNBC in your inbox
Scott Kessler, information technology group director and senior equity analyst at S&P Capital IQ, discusses Apple ahead of the group's quarterly results and says expectations are now ahead of reality.
Shari Olefson, real estate attorney and author of "Foreclosure Nation", says there are still "two major headwinds" for U.S. home sales ahead of the release of the latest existing home sales data.
Andrew Burkly, head of institutional portfolio strategy at Oppenheimer & Co., says the U.S. earnings season has been "really good" so far and discusses which sectors offer the best value.