Russia has nothing to do with the ongoing political scandals in the United States, the chief of one of the biggest Russian lenders told CNBC Thursday. The White House is once again embroiled in new controversy after Donald Trump Jr, the oldest son of the president, met a Russia lawyer who allegedly possessed damaging information […]

German carmaker Daimler has been accused of selling over a million cars with excessive emissions in Europe and the United States, Sueddeutsche Zeitung newspaper said on Wednesday, citing a search warrant issued by a Stuttgart court. Two months ago Stuttgart prosecutors searched Daimler sites in Germany following allegations of false advertising and the possible wrongful […]

European stock markets are set to open higher on Thursday morning as investors eye new earnings reports and look ahead to more comments from U.S. Federal Reserve Chair Janet Yellen who will testify to Congress for a second day. The DAX is set to gain 21 points to open at 12,648. The U.K.’s FTSE and […]

For all things Paris, President Donald Trump‘s go-to guy is Jim. The way Trump tells it — Jim is a friend who loves Paris and used to visit every year. Yet when Trump travels to the city Thursday for his first time as president, it’s unlikely that Jim will tag along. Jim doesn’t go to […]

Royal Bank of Scotland will pay $5.5 billion to settle one of the two major U.S. investigations into allegations it mis-sold mortgage-backed bonds that it needs to resolve before the government can sell its shares in the bailed-out bank. The Edinburgh-based bank lender on Wednesday said it agreed to settle the lawsuit with the U.S. […]

Samsung‘s venture capital arm announced Wednesday it is expanding into Europe to invest in the continent’s start-up scene. Samsung NEXT will use a $150 million global fund raised in January to target early stage start-ups in Europe for investment or acquisition, focusing on tech companies working on artificial intelligence, the internet of things, augmented reality […]

This is a breaking news story, please check back later for more. Follow CNBC International on Twitter and Facebook. Source: cnbc EU's chief Brexit negotiator warns on final UK divorce bill; hits back at Boris Johnson comments

Britain should be willing to accept “a few tariffs” under the World Trade Organisation (WTO) rules in order to regain control of its borders and establish a new points-based immigration system akin to the U.S., the chairman of British pub chain J D Wetherspoon has said. Tim Martin, founder of the chain which employs some […]

Global investors seem to be getting bullish on banks Stateside, but the European banking system is still falling behind. Plagued by a number of factors such as an ultra-loose monetary policy environment, high levels of non-performing loans, uncertainty caused by the U.K.’s vote to exit the European Union and massive fines, the European banking industry […]

German special police units raided several homes in Berlin early Wednesday in connection with the brazen heist of a 100-kilogram (221-pound) gold coin stolen from one of the city’s most famous museums earlier this year. Police arrested at least two suspects during early morning raids in the city’s Neukoelln neighborhood. “We assume that the two […]