European stocks are rallying on the news that Greece has started crafting a "staff level accord" with its international bailout supervisors.» Read More
Mario Monti told the Italian president he is resigning soon, saying he can no longer govern after Silvio Berlusconi's party withdrew support.
Italian police have been carrying out checks at the Milan offices of Facebook to assess whether it regularly declared its income in Italy.
The cast of Les Miserables movie told CNBC that this year was particularly timely for the film to be released.
Although the stream of gloomy economic data for the euro zone continues unabated, new downbeat forecasts by the European Central Bank's staff as well as Germany's central bank are too negative, Giles Keating, Head of Research at Credit Suisse said on Friday.
Wage growth remains far below pre-crisis levels and has fallen into the red in developed countries, according to the International Labor Organization (ILO).
France's finance minister said on Friday he was not campaigning to replace Jean-Claude Juncker as the new chairman of euro zone finance ministers.
The head of one of France's biggest companies has warned that France's problems dwarf those of the U.S.
Starbucks $450 gift card is made of stainless steel and will only be available in limited quantities through a luxury goods website. Is the Starbucks $450 steel gift card a sign that Starbucks is going "1 percent" on us? Or is it just harmless, splurgy fun?
An odd alliance between pro-democracy activists and Mubarak loyalists is raising eyebrows. Who is playing who?
Germany's Dax index, which has risen 28 percent this year to its highest value since January 2008, is positioned to benefit from improvements in the global economy, given its companies' exposure to export markets. The FT reports.
Following the sharp selloff in the euro, foreign exchange strategists tell CNBC they expect the single currency to bounce back quickly.
Shares of Italian fashion house Prada surged as much as 7.9 percent to an all-time high on Friday after the Milan-based company posted forecast-beating quarterly results.
The bank slashed its forecasts for the euro zone economy on Thursday, showing a contraction next year was very likely before a return to growth in 2014.
The Bank of England left monetary policy unchanged on Thursday as expected, voting as it did last month not to buy more government bonds and pump money into Britain's stagnant economy.
The U.K. government should be doing more to promote growth if the country is going to revive its struggling economy, shadow finance minister Ed Balls told CNBC on Thursday, as new data emerged showing that the U.K. is likely to enter into a triple-dip recession.
A U.S. port workers union has accused APM Terminals, a port operator of A.P. Moller-Maersk, of spying on union representatives in Los Angeles by tapping their phones.
The European Central Bank is likely to keep interest rates on hold on Thursday but may offer clues on its policy path for next year with updated forecasts likely to present a grim outlook for the euro zone economy in 2013.
Dr. Markus Kerber, chief executive at the German Federation of Industry talks to CNBC about what Europe needs to create growth, the German election campaign and how the German economy will look in 2013.
The accord to wind down a Franco-German power-sharing pact came weeks after talks broke down to merge the group with UK arms firm BAE Systems, taking advantage of the groundwork for the failed $45 billion deal.
Paul Krake, Founder of View from the Peak: Macro Strategies, says investors shouldn't expect much from the ECB or BOE meetings later today as both central banks look set to sit on their hands.
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U.K. Conservative Member of Parliament Damian Collins says that Wednesday underlined the "total failure" of FIFA to investigate itself.
Phillippe Gudin, chief European economist at Barclays, explains why the Greek crisis is different today compared to 2010.
Joe Oliver, finance minister of Canada, tells CNBC that countries must take critical steps to improve growth, with particular comment on the Greek crisis.