Part of the company that owns Banco Espirito Santo has applied for creditor protection, meanwhile analysts weigh up chances of a bailout.» Read More
CNBC takes a closer look at Iliad's backstory after the French group confirmed its bid to take over T-Mobile U.S.
AXA, Europe's second-biggest insurer, reports a 25 percentincrease in first-half net profit on a comparable basis.
International Airlines Group reported a 55 percent rise in second-quarter operating profit, mainly due to a recovery at Iberia airline.
Royal Bank of Scotland said that an independent Scotland could significantly increase its costs and have a material impact on its business.
French lender Societe Generale reported a 7.8 percent rise in net profit on Friday, while adding to its litigation provisions.
Russian companies are moving cash holdings to Asian banks as sanctions have raised fears that Russia could be shut out of US dollar funding markets.
Holders of dollar-denominated bonds at Bulgaria's Corpbank are gearing up for legal action against the government if the bond defaults.
AstraZeneca's chief executive said "execution risks" to another Pfizer bid over tax inversion remain, as he announced better-than-expected results.
Russia will suspend Ukrainian soy, soymeal and sunseed imports starting from Aug. 1 due to breach of phytosanitary requirements, Interfax news said.
Euro zone inflation fell more than expected in July, according to new figures released on Thursday, sparking renewed fears of deflation.
Banking giant HSBC was accused of racism this week after it moved to close the accounts of several Muslim organizations across the UK.
CNBC takes a quick look at dark pool trading platforms and why they have come under investigation.
The EU formally adopted sanctions on Thursday curbing arms sales to Russia and cutting off financing for targeted banks.
Russian lawmakers have proposed outlawing dogs from barking and banning children from crying after a certain hour.
Manchester United's American owners are to cut their stake in the club and look set to bank around $150 million as a result, the club said.
The downing of MH17 and tougher sanctions against Russia are pushing multinational energy companies to take a fresh look at the results of the crisis.
Shares in troubled Portuguese lender Banco Espirito Santo slumped 50 percent on Thursday, after trading in the stock resumed following poor results.
Diageo posted weaker-than-expected earnings on Thursday, hurt by a slowdown in China and volatility in other emerging markets.
Royal Dutch Shell posted a healthy jump in quarterly earnings, as its newly-installed CEO works to cut costs and streamline projects.
BNP Paribas' results were hit by a record U.S. fine in July, which helped tip the bank to a $5.76 billion loss in the second quarter.
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Tim Graf, head of macro strategy for Europe at State Street Global Markets, says that global confidence, while still high, is deteriorating.
The underlying problems in Europe's southern economies have not been solved, says Hans-Werner Sinn, president at the Ifo Institute. He also criticizes the ECB potential use of quantitative easing.
Nik Stanojevic, equity analyst at Brewin Dolphin, says Iliad's bid to take over T-Mobile U.S. is surprising and that the price is below the U.S. provider's value.