Lawmakers in Brussels have reached a last-ditch deal on the European Union's (EU) 2014 budget after 16 hours of talks.
The European Central Bank took a "pragmatic and realistic" approach to the euro zone when it cut interest rates last week, the CEO of UBS Sergio Ermotti told CNBC.
The European Central Bank has cut interest rates to a new record low of 0.25 percent, but what's really needed to get the region's economy going and reduce the record high unemployment rate is flexible labor markets, say experts.
Ratings agency Standard and Poor's cut France's sovereign credit rating to AA from AA+ on Friday, citing lack of progress in government reforms of the country's economy.
Just a month after many people predicted its demise, the virtual currency climbed to a record $273.50.
The Bank of England (BoE) left interest rates at a record low of 0.5 percent and its asset purchase target unchanged at £375 billion as expected on Thursday.
Comments from China's premier this week just days before a closely-anticipated meeting of the country's top leaders, highlight the delicate balancing act they face in steering the world's second-biggest economy forward, say analysts.
Britain's services sector enjoyed its strongest growth since 1997 as new business flowed in at a record pace last month, according to the latest survey to suggest the recovery is strengthening.
Britain's business lobby group will set out its "unequivocal" support for Britain staying in the European Union on Monday, claiming that membership brings each household some £3,000 a year.
Britain's recovery will accelerate over the coming months and into the new year after a strong rise in business confidence, according to two surveys of company bosses.
UK factories entered 2016 in a “state of near stagnation” following a decline in output growth and new orders during December.
The 10 years between 2010 and 2020 are set to be the worst decade for pay growth in almost a century, and the third worst since the 1860s, according to new research.
Worries about the eurozone and shaky prospects for the wider global economy have dented confidence among bosses of the UK’s biggest companies, according to a survey.