Europe News

Dubai's government finally broke its silence saying it was not responsible for Dubai World's debt. The director of the country's finance department said creditors needed to take responsibility for their lending decisions. Turker Hamzaoglu from BAS-Merrill Lynch and James Barty from Arrowglass Capital Partners discuss.

Now could be the right time to invest in mining companies, even though the sector has seen strong gains in recent months, Tim Williams from Ernst & Young told CNBC Monday.

Monday November 30 is known as 'Cyber Monday' as customers rush online to buy gifts in the run-up to Christmas. Steve Perry, commercial director at Visa Europe, considers the outlook for the busy Internet shopping day.

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.

"We've all come to the conclusion that deleveraging is a good thing. But I think we expected deleveraging to take place in the financial sector, not in the real economy," Peter Hemington from BDO told CNBC Monday after official data showed that Britons repaid the highest amount of unsecured credit on record in October.

GE is reportedly trying to buy back a stake of CNBC-parent NBC Universal from Vivendi. GE needs the stake if it is to sell NBC to Comcast. Alfonso Marone from Value Partners Group considers the potential deal.