"We're fighting on" to get a deal with Greece, the head of the Eurogroup Working Group tells CNBC.» Read More
One analyst is warning that developing economies may run out of cheap labor and additional growth, which must be driven by increasing total-factor productivity linked to social and political reform.
Lately, once-wonky price indexes have found themselves at the center of heated policy debates on both sides of the Atlantic.
The Bank of England kept its powder dry on Thursday, voting as expected not to buy more government bonds.
The ECB said on Thursday that recent economic surveys and indicators had shown signs of stabilizing, suggesting an improved picture later in the year.
CNBC's Kelly Evans reports on all the market moving events from Europe, as investors looked towards key rate decisions by the European Central Bank and Bank of England.
The European Central Bank is expected to keep interest rates at a record low of 0.75 percent on Thursday, refraining from a cut as the euro zone economy shows some signs of stabilising and inflation still tops its target.
Germany's Deutsche Bank benefited from trades pegged to the London Interbank Offer Rate (Libor) currently under investigation, the Wall Street Journal reported on Thursday, adding that the bank made at least 500 million euros ($654 million) in profit from the trades in 2008.
Spain's Treasury sold 5.8 billion euros in bonds on Thursday, well above its target range of 4 billion to 5 billion euros, and borrowing costs came down at its first debt auction of the year.
The Obama administration on Wednesday publicly signaled its growing concern about a possible British exit from the EU, just days before David Cameron sets out plans for a referendum on the issue.
France may have bid adieu to one of its main cultural exports in actor Gerard Depardieu who has left the county in a protest over tax, but it is assiduously courting the international business world in order to revive the French economy.
Tesco, the world's third largest retailer, named a new British leader as it showed signs of a revival in its home market with a rise in underlying Christmas sales.
British retailer Marks & Spencer reported a bigger-than-expected drop in non-food sales in the Christmas quarter after deciding to offer fewer discounts just as Debenhams and other rivals were offering more.
Boeing defends the reliability of the 787 Dreamliner, with CNBC's Phil LeBeau and Hans Weber, Tecop International president.
In one of the largest such prosecutions in years, a Florida woman pleaded guilty to two charges of filing false tax returns that failed to report her UBS accounts.
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.
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Chad Morganlander, portfolio manager at Stifel, explains why he is underweight on equities right now, saying that "valuations are somewhat stretched."
Saudi Arabia's oil minister, Ali Al-Naimi, tells CNBC's Hadley Gamble that no one can set the price of oil except Allah.
Geoff Dennis, head of GEM equity strategy at UBS, says that Prime Minister Narendra Modi's reform plan to boost India's economic growth could be slowed down by politics.