European equities are poised to open lower on Thursday following a mixed closed in the U.S. and expected lower trading flows due to Thanksgiving. The FTSE 100 is seen down by 4 points at 7,401; the DAX is set to start lower by 37 points at 12,972; and the CAC 40 is set to open […]

The United Nations’ Yugoslav war crimes tribunal convicted Bosnian Serb military chief Gen. Ratko Mladic on Wednesday of genocide and crimes against humanity, and sentenced him to life in prison for atrocities during Bosnia’s 1992-1995 war. Mladic, 75, was found guilty of commanding forces responsible for crimes including the worst atrocities of the war — […]

Italian politician and billionaire businessman Silvio Berlusconi has taken his fight to become eligible for next year’s Italian election to the European Court of Human Rights. Berlusconi appealed to the Strasbourg-based court in 2013 after a criminal conviction for tax fraud triggered a six-year ban from public office. The beleaguered former prime minister has denied […]

As U.K. Finance Minister Philip Hammond prepares to deliver a key update to the country’s budget, there are expectations that it will not include a mention of the so-called “Brexit bill” that the U.K. will have to pay to exit the European Union (EU), an economist told CNBC Wednesday. Known in the U.K. as the […]

Saad al-Hariri returned to Beirut on Tuesday for the first time since he resigned as prime minister in a statement delivered from Saudi Arabia that plunged Lebanon into crisis. Hariri’s sudden resignation on Nov. 4 thrust Lebanon to the forefront of a regional tussle between the Sunni monarchy of Saudi Arabia and Shi’ite Islamist Iran, […]

Saudi Arabia and Iran’s ongoing battle for power and influence rages on in the Middle East but analysts aren’t convinced that an all-out war will happen, yet. Many neighboring countries have been drawn into the conflict with Qatar, Yemen, Syria and Lebanon becoming proxy battlegrounds in the fight for regional dominance. Relations between Sunni-majority Saudi […]

European stocks are set to open higher on Wednesday morning as positive world growth data and strong corporate earnings have boosted investor sentiment worldwide. The FTSE 100 is seen higher by 4 points at 7,411; the DAX is set to start up by 9 points at 13,176 and the CAC 40 is set to open […]

The euro was under some pressure Monday following news that talks to form a new government in Germany had collapsed. Market players, however, were somewhat relaxed over the ongoing political instability in Berlin, despite this being the first time since World War II that a general election had not led to a new government. Kit […]

British Brexit minister David Davis said Monday that the government would allow parliament the opportunity to debate, scrutinize and vote on any final Brexit agreement, offering a concession to Conservative Party rebels. Prime Minister Theresa May is under pressure to offer parliament the chance to have a ‘meaningful vote’ on any deal on Britain’s departure […]

British challenger bank OakNorth said Friday that Singaporean sovereign wealth fund GIC would take a 10 percent stake in the firm. The state-owned investor has poured £90 million ($120 million) into the financial technology (fintech) company. Combined with another investment the lender scored last month, a total of £244 million ($318 million) has been raised. […]