German Investor Sentiment Rises to a Surprise 7-Month High
ZEW's key index of investor and analyst expectations posts first positive reading since May.
London Mayor Boris Johnson Hires Former Standard Chartered Economist Lyons
Gerard Lyons will join the mayor's economic policy team after a thirteen year career with global investment bank Standard Chartered
Diageo Shares Fall After Drinks Giant Dumps $3bn Bid for Mexico's Jose Cuervo
Drinks giant walks away from world famous tequila brand after failing to reach a deal.
Italy's Latest Political Drama Changes Little for Investors or its Economy
The surprise resignation gambit from Prime Minister Mario Monti has roiled financial markets in Eurpoe, but Italy's economic prospects are unlikely to be harmed by the drama.
Italian Shares Slump, Bond Yields Rise As Monti-Berlusconi Feud Intensifies
Italy's Prime Minister says he'll resign following withdrawal of support from former leader Silvio Berlusconi.
Autumn Statement 2012: Osborne's Own Goal Leaves Him Empty-Handed
By making guarantees linked to events he cannot control Chancellor George Osborne is the author of his own misfortune.
HSBC Sells Stake in China Insurance Group Ping An for $9.4bn
Thai billionaire Dhanin Chearavanont buys HSBC's 15.7 percent stake in China's second-largest insurance group
PIMCO's Gross: Demographics a 'Silent Killer' to Global Economic Growth
PIMCO's Bill Gross says debt and demographics will act as a drag on global economic growth for years to come as investors navigate a "new normal" of lower returns.
Mayor Boris Johnson Lays Out Eurosceptic Case for London's Future
Boris Johnson's comments highlight rift within the Conservative party over nature of Britain's future within European Union.
UK Retail Sales Show Modest November Growth, Says BRC
British Retail Consortium's monthly sales monitor says UK shoppers in cautious mood ahead of key Christmas period.
Wolseley Shares Steady After Solid Profit Jump Amid US Market Growth
World's biggest supplier of plumbing and heating products says US growth solid but will review its operations in France
UK Tax Debate: One Corporation Rate - To Go! - Please
Britain should scrap dated, redundant and overly complicated corporation tax rate in favour of reinvestment scheme.
Greece Launches €10bn Debt Buyback as Rescue Reaches Critical Phase
Greece's finance ministry hopes to retire as much as €62bn in outstanding debt as Germany hints at possible writeoffs in 2015
Germany Approves Greek Bailout Deal but Buyback Questions Remain
Germany's Lower House agrees to new terms for Greece's rescue package as markets await details on Athens' plan to buyback more than €60bn in government bonds.
Eurozone Unemployment Hits Record High as ECB Warns Crisis Not Over
Nearly 20 million Europeans are looking for work as jobless rate hits another record in October amid deepening recession
Leveson Inquiry: Media Stocks To Watch in Wake of Report into Phone Hacking [VIDEO]
Lord Justice Leveson's far-reaching investigation into culture and ethics of journalism could impact several major media stocks.
Marks & Spencer Shares Rise As Pension Deal Ignites Takeover Talk
Britain's biggest clothing retailer slashes pension deficit by more than £1bn and reaches 10-year deal with trustees to plug "black hole"
Rona Fairhead Financial Times Group CEO Quits as Sale Talk Intensifies
Rona Fairhead will leave the FT Group following the departure of Pearson CEO Marjorie Scardino
American History X - European Style: Greece's Latest Bailout is Pure Politics
The latest European agreement on Greece's financial support has many political benefits but few economic ones.
OECD Slashes Global Growth Forecast and Warns Osborne on Debt Target [VIDEO]
Thinktank says global growth will slow, eurozone will sink into recession and Britain may need to abandon debt target.
Bank of England Governor: Mark Carney is the Perfect Choice to Defend The City
The Canadian central banker and former Goldman dealer has one of the few untarnished reputations in global finance.
Egypt Markets Volatile as Mursi Decree Puts $5bn IMF Loan at Risk [VIDEO]
Investors fear new political turmoil as demonstrators plan more protests in Cairo.
EU Budget Summit Collapses as Leaders Divided on Cuts
Leaders fail to reach agreement on cuts in €1 trillion budget summit and look set to reconvene in early 2013.
Tata Steel to Axe 900 UK Jobs After Surprise Third Quarter Loss [VIDEO]
South Wales site of Port Talbot to take bulk of employment hit but new blast-furnace plants could add jobs in 2013
German Business Confidence Rises For First Time in Eight Months
Optimism among German business leaders rises even as growth slows and Eurozone crisis continues
EU Budget Summit: A €1 Trillion Farce That Can Afford to Wait
The focus on David Cameron's veto threat misses the bigger - and shameful - picture: If the Eurozone can't agree on a €30bn Greek rescue, how will it lead consensus on a €1tn EU budget?
Bank of Japan's Independence Eyed as Yen Slide Looks to Continue
Leading candidate for Prime Minister seeks big changes for BoJ that have implications for central banks all over the world.
Bank of England Minutes: Rate Cuts Unlikely as Inflation Concerns Persist
Bank of England votes 9-0 to hold key lending rate at record low and 8-1 to keep its £375 asset purchase programme unchanged
Autonomy Founder Mike Lynch 'Flatly Rejects' HP Allegations as Stock Plummets [VIDEO]
HP takes second $8bn writedown and says former Autonomy CEO misled it by inflating value of data-analysis software firm.
UBS Rogue Trader Kweku Adoboli Sentenced to Seven Years in Prison after $2.3bn Fraud Conviction
Ex-UBS dealer found guilty of two counts of fraud and acquitted on four charges of false accounting charges in $2.3 billion "rogue trader" scandal in London