Greece's government will not cooperate with the EU and IMF mission bankrolling the country and will not seek an extension to the bailout program.» Read More
A scant increase in German November industrial production was a "major disappointment," Capital Economics said, reinforcing expectations of a "big fall" in fourth-quarter GDP.
Investment banking has been the focus of much of the recent news in the financial universe, with politicians urging banks to refocus on their traditional retail operations.
CNBC's Kelly Evans reports on all the market moving events from Europe, as a positive start to U.S. earnings season push stocks slightly higher.
UBS has yet to fully purge itself of a global interest rate scandal that has put it at risk of a wave of costly civil suits, its investment banking chief said on Wednesday.
Supermarket chain Sainsbury plans to combine cost cuts with expansion in 2013, CFO John Rogers told CNBC Wednesday, with the group determined to lure more cash-strapped consumers to its mid-range supermarkets.
A growing number of economists predict the European Central Bank’s rate-setting committee will vote to cut interest rates again at Thursday’s meeting.
UK business leaders, including Virgin Group founder Richard Branson and WPP chief executive Martin Sorrell, warned Prime Minister David Cameron in a letter to the Financial Times on Wednesday that he risks hurting Britain's businesses if he proposes to exit the European Union.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as shares surrendered gains and investors braced for sluggish earning results from the U.S.
The Paris Prosecutor's office said on Tuesday that it was opening a preliminary investigation into French Budget Minister Jerome Cahuzac over allegations that he had an undisclosed bank account in Switzerland.
Virgin Atlantic said American Airlines executive Craig Kreeger would become its next CEO as the British carrier looks to make a success of its transatlantic joint venture with Delta Air Lines.
Investors had one eye on the start of the earnings season in the U.S., but strategists said Europe's own earnings season could throw up a few surprises.
Ireland sold 2.5 billion euros ($3.3 billion) of debt on Tuesday, raising a quarter of the 10 billion euros it aims to borrow in 2013 ahead of a planned exit from its EU/IMF bailout.
CNBC's Kelly Evans reports on all the market moving events from Europe, as prices on EU debt rise and yields fall slightly.
Morale among businesses in the euro zone improved again in December, but the unemployment rate reached a new record and households held back from spending in the run-up to Christmas, suggesting the bloc's emergence from recession will be slow.
Greece is delivering on tough economic reforms, Prime Minister Antonis Samaras said on Tuesday during a visit to Germany.
Megafon’s $1.7 billion share offering raised eyebrows last year when Goldman Sachs pulled out as lead bookrunner close to launch – but the investment bank has now issued a “buy” rating on the stock.
Silvio Berlusconi withdrew as candidate for Italy's premiership on Monday as the price of a pact with the devolutionist Northern League that could prevent the formation of a stable government after next month's election.
The euro zone crisis is over – that is, if you choose to believe Jose Manuel Barroso, the president of the European Commission. The Christian Science Monitor reports.
European stocks are sliding despite big gains for banks, with CNBC's Simon Hobbs.
With fears over the U.S. "fiscal cliff" calmed and the euro zone debt crisis having abated somewhat, there is pain coming for sterling this year, according to HSBC's currency strategist.
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Sachin Patel, head of U.K. capital markets at Funding Circle, discusses peer-to-peer lending and the benefits of it.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, says that there is not enough oil demand growth, which will lead to a continued surplus of supply for the first half of 2015.
Lynnden Brannigan, head of technical strategy at Barclays, discusses currencies and oil movements.