Classic album "Brothers in Arms" by U.K. soft rockers Dire Straits appears to hold the key to understanding Greece's many economic and debt crises.» Read More
Greece is facing another political crisis and a risk of a suspension of the IMF's bailout money.
A majority of lawmakers from Greece's Democratic Left party, a junior partner in the ruling coalition, are in favour of withdrawing from the government, a party official told reporters on Friday.
An investigation into the tax affairs of Cadbury's – known for its philanthropic ethos – has uncovered tax avoidance schemes former senior executives admit were “highly aggressive”, the FT reports.
Talk of a suspension of bailout money to struggling euro zone country Greece is "premature", according to a senior International Monetary Fund (IMF) official.
The European Union will seek on Friday to forge rules to force losses on large savers when banks fail, a sensitive reform that could shape how the euro zone deals with its sickly banks.
Investors need to calm down and act rationally, Oleg Deripaska, the CEO of the world's largest aluminum company Rusal, said on Thursday.
Alexei Kudrin is widely tipped to be Russia's next prime minister. The only trouble is, he might not want the job.
The Swiss National Bank said it was far from ready to end its unconventional policy measures, on Thursday, unlike the U.S. Federal Reserve.
Even as President Bashar al-Assad of Syria is proclaiming battlefield momentum against the insurgency with the help of his Hezbollah ally, he appears to be facing a new threat: a rapidly weakening currency that has unnerved many Syrians, the NYT reports.
Despite market turmoil over the Federal Reserve's indication that it could start tapering its bond buying program, billionaire investor Alisher Usmanov told CNBC that it would play a "positive" role for markets.
Manchester United striker Wayne Rooney could be the ideal signing for Arsenal, according to Russian billionaire Alisher Usmanov, the Premier League soccer club's second-biggest shareholder.
Pressure on services and manufacturing activity in the euro zone eased more than expected in June, and while a full recovery is a long way off, analysts said the signs point to a more moderate downturn.
Once-commanding giant of the technology world Alcatel Lucent announced a fresh cost cutting program on Wednesday as new CEO Michel Combes plans to turn around the company's fortunes.
The banking watchdog said the aggregate capital shortfall at five major U.K. banks at the end of 2012 was 27.1 billion pounds, slightly higher than its 25 billion initial estimate in March this year.
Lower-ranked tennis players will be able to collect more in prize money than ever before at this year's Wimbledon tournament.
British electricity prices may be almost double those in Germany within three years due largely to the impact of a new tax aimed at supporting renewable power generation.
Business leaders at the Saint Petersburg International Economic Forum (SPIEF) told CNBC that they want to see Russia reform and re-engage with the outer world, politically and economically.
Euro zone finance ministers will decide on Thursday when and how their bailout fund can invest in a bank to save it from failure, laying a cornerstone of the banking union seen as vital to restore economic growth.
George Osborne renewed his commitment to promote competition in retail banking on Wednesday, and inquired into the effects of mandatory branch sales by Lloyds and RBS.
The IKEA Foundation, the philanthropic arm of the iconic Swedish furniture maker, has helped come up with a more comfortable refugee shelter.
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