Russia's ambassador to the UK was summoned after two Russian bombers disrupted civilian air traffic over the English Channel.» Read More
Willem Nabarro, Head of European Equities for Asia at Exane-BNP Paribas shares his investment strategy for Europe's banks
An HSBC report ranked the Japanese yen and the Swiss franc as the world's most aggressive currency warmongers.
CNBC's Simon Hobbs reports on today's top business headlines from Europe.
Spain is set to usurp Germany as the strongman of Europe, due to the increasing competitiveness of its exports, say Morgan Stanley analysts.
Rosneft is seeking to borrow $30 billion from China, making Beijing the largest consumer of Russian oil and further diverting supplies away from Europe.
A $2 trillion economy and a stock market that trades at valuations cheaper than Pakistan - Russia is struggling to gain the trust of international capital.
Inflation in the U.K. will remain above target for the next two years, Bank of England governor Mervyn King warned on Wednesday, but tightening monetary policy was not the solution as it could push the economy deeper into recession.
CNBC's Kelly Evans reports European shares were mixed in morning trade, as investors digested a series of earnings news, and focused on currency wars.
The Swiss government is taking steps to try to stop a housing market boom running out of control, announcing on Wednesday it will demand banks hold additional capital to dampen mortgage activity.
Italy successfully sold its first 30-year bond in nearly two years at an auction on Wednesday, shrugging off concerns about the outcome of a general election on Feb. 24-25.
Output at euro zone factories rose for the first time since August last year.
Jean-Guy Carrier, secretary general of the International Chamber of Commerce, tells CNBC that he has seen a clear increase in market confidence over the past six months and expects that to continue.
Iranian oil output will likely fall further from its lowest in three decades as the West tightens sanctions on the Islamic Republic, depriving Tehran of hard currency revenues, the International Energy Agency (IEA) said on Wednesday.
Karen Cho takes you through the European Market open, where stocks are looking a little bit firmer.
John Haynes, head of research at Investec Wealth & Investment, tells CNBC there is a tension between those who want to take money off the table and others who think they need to stick with the rally a bit longer.
Heineken, the world's third largest brewer, reported higher than expected 2012 profit on Wednesday on the back of sharply higher earnings from Africa and the Americas and forecast higher revenue this year.
Jean Francois van Boxmeer, CEO of Heineken, tells CNBC that the importance of Europe is declining for Heineken and they have been increasing their footprint in Asia, Latin America and Africa.
French bank Societe Generale has named a new chief financial officer and reshuffled its management team after swinging to a loss in the fourth quarter on the back of a weak euro zone economy and one-off charges.
As tension over exchange rates grows and central bankers across the globe try to cool talk of a "currency war", Russia on Wednesday denied it was manipulating its currency.
Dutch banking and insurance group, ING reported fourth-quarter net profit that missed expectations on Wednesday but the company's Chief Financial Officer told CNBC it would implement major cuts to save 1 billion euros in operating costs per year.
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European equities closed mixed on Thursday as oil prices and a slightly hawkish tone from the U.S. Federal Reserve managed to dent investor sentiment.
Discussing U.S. markets, Todd Horwitz, author & founder at Averagejoeoptions.com says he expects the U.S. Federal Reserve to hike rates sooner than expected.
CNBC's Phil Han reports on the new and upgraded Air Force One which will replace the current Boeing 747-200.