City investors are expecting a profit bonanza after the privatization of the U.K's postal service Royal Mail as investors scramble for the remaining shares ahead of its initial public offering (IPO) next week.
After making a dramatic U-turn to support Italian Prime Minister Enrico Letta, analysts are asking what's left for Silvio Berlusconi.
Italy's Prime Minister Enrico Letta has won a vote of confidence by a resounding margin, just days after his government seemed to be teetering on the brink of collapse.
The glory days might be over for the shipping industry, but there are reasons for optimism, the chief financial officer of shipping giant Maersk Line told CNBC.
As "Grand Theft Auto" prepares to launch online Tuesday, creators warned that of glitches in accessing because of global demand.
Russia needs to drop its consumption-led growth model behind if it wants its economy to grow, the global chief executive of Russian investment business VTB Capital, told CNBC.
Italy's political chaos could spell further elections, market uncertainty and economic turmoil, analysts warn.