Debate has been raging about the effect online retailers like Amazon have had on inflation in major economies. » Read More
By: Ryan Browne
Deutsche Bank CEO John Cryan said the bank was not just thinking about competition with other financial institutions but other sectors like technology. » Read More |
By: Silvia Amaro
US department stores have struggled to attract shoppers because they've failed to introduce new ideas, the managing director of Harrods says. » Read More |
By: Sam Meredith
Saudi authorities are negotiating a price for the freedom of princes and businessmen held over allegations of corruption, the Financial Times reported. » Read More |
The British builder said it was at risk of breaching year-end financial covenants and would need to recapitalize.
European Central Bank (ECB) President Mario Draghi said Friday that the environment of low rates in the euro zone has not hurt the profits of European banks.
Mafia 'boss of bosses' Salvatore 'Toto' Riina has died in the hospital while serving multiple life sentences, Italian media reported Friday.
Markets in Europe hovered around the flatline on Friday morning as investors digested further earnings and data.
German coalition talks have been delayed until noon on Friday, according to sources.
Norway's trillion-dollar sovereign wealth fund is proposing to drop oil and gas companies from its benchmark index.
New EU regulation being phased in early next year will provide a "shake-out" to the investment banking industry, the chairman of RBS told CNBC Wednesday.
Volkswagen Group plans to spend $11.8 billion by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles to comply with Chinese rules.
European equities finished in positive territory on Thursday, as investors digested the latest corporate earnings and data.
Greggs' promotional image for its Christmas Advent calendar seemed to cause a stir online.
Jean-Claude Trichet said: "We are now at a level which is higher than immediately before the financial crisis."
U.S. buyout fund Cerberus has taken a 3 percent stake in Deutsche Bank, Germany's flagship lender said on Wednesday.
Russia and Venezuela have signed a debt restructuring deal under which Caracas will pay Moscow back $3.15 billion over a 10-year period.
A global liquefied natural gas (LNG) supply glut may soon be offset by a rapid uptick in demand, Oil Search CEO Peter Botten said Wednesday.
German banks are preparing for a so-called "hard Brexit" and the spoils of the U.K.'s departure from the European Union.
The Italian government has been implementing reforms to tackle its problem of non-performing loans, which have hurt investor confidence.
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Decisions taken by central banks are directed at the economy, not banks, Jean Lemierre said.
John Cryan cited Starbucks as an example of a company that takes a huge volume of deposits — a core business for banks.
The European Central Bank did a good job of stabilizing a very difficult situation, Martin Zielke said.
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