U.K. billionaire Richard Branson mounted a swift online defence of his decision to move to his private Caribbean island retreat.
As Hollywood stars hit the red carpet in London for the capital's annual film festival, one British filmmaker told CNBC the film industry was undergoing a transformation that will allow it to survive.
The central bank of Brazil faces a tough task getting its economy back on an even keel, experts told CNBC.
UK should beware economy-boosting government schemes, a business leader warned.
Greece might be confident that it will exit six years of recession in 2014, but the country's economic outlook remained worrying.
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.
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