Europe News

(RED) International is a business designed to engage the private sector in the fight against AIDS and has raised over $140 million through the sale of (RED) branded products. CEO Seb Bishop spoke to CNBC Tuesday about the company's most recent partnership with Nike.

Swedish carrier SAS is pioneering greener landings for aircraft in order to cut emissions in the sector. Lars Andersen from SAS told CNBC the technology reduces the time a plane is held in the air.

UK house prices rose 0.5% in November, according to Nationwide Tuesday. "Prices are still rising but the upward momentum is certainly moderating as we've headed into the autumn months," Martin Gahbauer from Nationwide Building Society said. "Next year we're probably going to see a flattening out of that upward trend."

Swedish carrier SAS is pioneering greener landings for aircraft in order to cut emissions in the sector. Lars Andersen from SAS told CNBC the technology reduces the time a plane is held in the air.

Greece's stock market has taken a beating recently as investors worried about the country's ballooning debt and deficit. “It’s a race against time” Greek Finance Minister George Papaconstantinou told CNBC. “The reality is we will need some time to put forward the kind of reforms that are going to pay off.”

RBS announced a raft of new measures Monday, which it hopes will improve its relationship with small and medium-sized businesses. Peter Ibbetson, chairman of RBS Business Banking, told CNBC the key issue was transparency.