The U.S. Treasury Secretary is urging Greece to reach a deal with its creditors, warning that a default would damage the world economy.» Read More
Rio Tinto's new chief flagged he would slash costs, spend capital more carefully and focus on shareholder value after the world's no.3 miner reported a $3 billion loss, its first ever full-year loss.
Policymakers must be careful not to ratchet up rhetoric about "currency wars", which could lead to something worse happening, European Central Bank Vice President Vitor Constancio said on Thursday.
The euro zone slipped deeper into recession in the last three months of 2012 after its largest economies, Germany and France, shrank markedly at the end of the year.
Jens Nordvig, global head of currency strategy at Nomura Securities, tells CNBC why Thursday's EU GDP numbers were important as growth becomes a driver for the economy rather than yield and risk.
Italian police arrested the former head of Monte dei Paschi's finance department, who is at the center of a fraud probe at Italy's third largest bank.
Low consumer confidence in Europe will remain a drag on profits for Nestle , chief executive Paul Bulcke told CNBC on Thursday after group said it expected 2013 to be as challenging as 2012.
Daniele Antonucci, European economist at Morgan Stanley, tells CNBC why Spain's best hope for recovery is to model itself on Germany's export-driven economy.
Karen Cho takes you through the European market open, where stocks are slightly lower on Valentine's day.
BNP Paribas will seek to expand in Asia and the United States as Europe shows signs of a "low growth scenario" this year, Jean-Laurent Bonnafe, chief executive of BNP Paribas, told CNBC.
Discoveries so far of horsemeat in products sold as beef are likely to be the "tip of the iceberg", a British parliamentary report into the scandal said on Thursday.
Chris Dedicoat, president and EMEA at Cisco, tells CNBC that they are seeing some more positive signs from Northern Europe but the south of Europe remains very challenging.
Central banks scooped up more gold in 2012 than they have annually in nearly half a century as they sought to diversify reserves, the World Gold Council (WGC) said on Thursday.
Thousands of job losses in London's high-profile banking industry are causing ripple effects across a wide array of businesses that rely on the wealth of City workers.
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.
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Masood Ahmed, director of Middle East and Central Asia at the IMF, says that the IMF has two roles to play with Egypt, one of which is to provide dialogue and the other is to provide financial support.
Masood Ahmed, director of Middle East and Central Asia at the IMF, says that Egypt has made a lot of improvements regarding energy subsidies and broader reforms, but still has "a long way to go."
Peter Rosenstreich, chief FX analyst at Swissquote Bank, says the negotiations between creditors and Greece may not end well.