Part of the company that owns Banco Espirito Santo has applied for creditor protection, meanwhile analysts weigh up chances of a bailout.» Read More
Despite the lack of economic good news, euro zone countries are finding it increasingly easy to borrow thanks to record-low bond yields.
With the resurgent greenback set to react further to economic data coming from the U.S., many analysts have argued that sterling has reached a tipping point.
PSA Peugeot Citroen narrowed its first-half net loss and posted the first positive contribution from its core auto division in three years.
An investor is suing Barclays over losses suffered after New York's attorney general accused the bank of lying about its electronic trading platform.
Over 2,000 years since the the Hippocratic Oath was introduced there are calls for bankers to follow suit, in an effort to prevent another crisis.
The Gherkin, one of London’s most recognizable buildings, is up for sale, and is expected to reach £650 million plus, according to property sources.
BP, the U.K. oil giant, announced a 34 percent rise in profits Tuesday – but its results bore out the importance of its Russian investments.
UBS posted a second-quarter net profit of 792 million Swiss francs, as it booked a $280 million charge to help settle litigation in Germany.
The ties between Britain’s banks and its economy have always been close, but they seem to have become even tighter in the post-banking bailout era.
German bank results beat expectations but increases reserves for future litigation or settlements by to $2.95 billion.
French carmaker delivers a 25 percent increase in first-half operating profit even as currency headwinds and mounting inventories hurt sales.
Russia reacted angrily on Saturday to additional sanctions imposed by the European Union over Moscow's role in the Ukraine crisis.
From the NHS and the Queen, to fish and chips and binge drinking, Britain comes laden with stereotypes - and not all of them are positive.
The U.S. will join the European Union this week in slapping new economic sanctions on Russia for its continued support of separatists in Ukraine.
Profit warnings from U.K. listed companies have hit their highest level in three years despite a brightening economy, a study by EY shows.
A Hague court ruled that Russia must pay a group of shareholders in defunct oil giant Yukos around $50 billion for expropriating its assets.
Irish airline enjoys better-than-expected first quarter in which net income rose 152 percent from a year earlier.
GSK's chief executive has opened the possibility of the group being broken up as he pushes through a sweeping overhaul of Britain's biggest drugmaker.
Hospira could use an acquisition of the Danone business to redomicle its tax headquarters in France in a deal known as a tax inversion.
The uncertainty surrounding the geopolitical crisis centered on Ukraine is unlikely to go away any time soon.
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Tim Graf, head of macro strategy for Europe at State Street Global Markets, says that global confidence, while still high, is deteriorating.
The underlying problems in Europe's southern economies have not been solved, says Hans-Werner Sinn, president at the Ifo Institute. He also criticizes the ECB potential use of quantitative easing.
Nik Stanojevic, equity analyst at Brewin Dolphin, says Iliad's bid to take over T-Mobile U.S. is surprising and that the price is below the U.S. provider's value.