Ukraine declared that Russia had launched a "direct invasion" of its territory after Moscow sent a convoy of aid trucks across the border.» Read More
Swiss bank UBS is close to a settlement with U.S. and U.K. authorities and is expected to pay more than $450 million over claims that some of its employees submitted false Libor rates, the NYT reported.
Greece on Monday said it would conduct its bond buyback offer through a modified Dutch auction method in which investors declare how much they are willing to sell their bonds at before the price is determined.
British Chancellor George Osborne said on Sunday that it would be "catastrophic" to reverse his austerity policy,but Adam Posen, a former member of the Bank of England's Monetary Policy Committee, told CNBC that both Osborne's austerity package - and apocalyptic warnings - were self-defeating.
Melissa Kidd, Director from Lombard Street Research says investors shouldn't be too optimistic on the recent rebound in China data because they come from a very low base. The overall picture for China economy and markets is still very bearish.
China could eclipse the United States sooner than many think as the yuan becomes a major player on the word stage that could put the dollar in the shade, analysts told CNBC.
German Chancellor Merkel said Greece's creditors may look at writing down more of its debt, but not before the current bailout program runs its course.
Advertising tycoon Martin Sorrell says uncertainty across the globe is stifling business, and he criticized Washington for "fiddling while Rome burns."
France backed away from a threat to nationalize a steelworks, saying it secured promises from ArcelorMittal to avoid any forced layoffs at the site.
The euro rose to its highest in more than five weeks against the dollar on Friday, heading for its fourth straight month of gains, as investors clung to hopes that U.S. politicians would reach a fiscal deal before the end of the year.
London-based Prudential PLC is riding the wave of demographic change occurring in emerging Asia, says CEO Tidjane Thiam.
Constantine Michalos, Athens Chamber of Commerce & Industry president, shares his view of what lies ahead for debt-stricken Greece.
European stocks finished higher in choppy trading Friday, logging 17-month highs amid a backdrop of mixed signals about U.S. budget talks.
CNBC's Simon Hobbs reports EU stocks closed higher despite mixed signals from the U.S., and a look at what's moving commodities and stocks, with CNBC's Sharon Epperson and Bob Pisani.
Attorneys for Dominique Strauss-Kahn denied reports he agreed to settle a case with the maid who accused him of sexually assaulting her last year.
Month-end selling dents the yen and Mario Draghi lifts the euro — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as shares edge higher following comments from ECB President Mario Draghi.
Alastair Newton, Senior Political Analyst, Nomura says that the polls are close ahead of Israel's elections next month and that there's a risk that Tel Aviv could cut off tax revenue from Palestine.
Alastair Newton, Senior Political Analyst, Nomura says that democrats need to come up with a spending reform plan in order to solve the fiscal cliff impasse.
Mike Crofton, President & CEO, Philadelphia Trust Company says that going over the Fiscal Cliff is a good outcome as lawmakers will be forced reach a resolution.
Finally, the euro is trading on U.S. fundamentals, this pro says, and he likes it.
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A yes vote in the upcoming Scottish independence referendum could lead some insurers to move their headquarters to London, says Mark Nicholson, associate director at Standard & Poor's Rating Services.
The U.S. Federal Reserve remains data dependent and will not bow to hawks, says Mark Haefele, global chief investment officer at UBS, as Janet Yellen continues to make the argument that there is slack in the labor market.
European shares closed lower on Friday as tensions in Ukraine flared up once again. It comes after stocks fluctuated as U.S. Federal Reserve Chair Janet Yellen spoke about the labor market in Jackson Hole, Wyoming.