Europe

British banking giant Barclays said it would axe up to 12,000 jobs this year even as it raised bonuses for investment bankers. 

Downsizing European banks, still suffering the effects of a recession, are likely to continue cutting staff, according to a report.

A British high court judge dismissed all claims against the defendent in a civil claim and criticized the way the case had been pursued.

The Big Board owner has reportedly tapped two leading investment banks to run a possible IPO of its Euronext unit.

Europe's largest bank revealed top and bottom-line results that trailed forecasts.

Shares of American Express slumped in choppy trading on reports the European Commission could consider adding caps to card fees.

Britain's Financial Conduct Authority fined a wealth management unit of U.S. bank $4.6 million for being unable to show it was giving clients the right advice.

After pricing its IPO below expectations, ING U.S. continued its disappointing debut by opening down more than 1%.

The World Health Organization backed away from a claim that paints an alarming picture about the health implications of Europe's economic crisis.

The threat to Europe’s economic health is posed by a political shift if terrorism gives a leg up to political parties that oppose open borders, analysts say.

Russia retaliated against Western sanctions by banning imports of certain foods, although the impact will largely be felt outside the U.S.

The American Craft Beer Revolution hopped the Atlantic Ocean a few years ago but Stone Brewing Monday evening is marking a milestone in expanding the movement’s efforts to establish a greater European base.

General Electric Co said on Tuesday that it will move 500 U.S. power turbine manufacturing jobs to Europe and China because it can no longer access U.S. Export-Import Bank financing after Congress allowed the agency's charter to lapse in June.

Greece is just one of a handful of global financial turmoils that could prompt reluctance from the U.S. central bank to start raising borrowing costs for consumers and governments.

In Europe a decision is expected on whether the European Central Bank will begin a stimulus program similar to the one used by the U.S. Fed after the 2008 financial crisis.

The 17-member currency bloc's economy contracted slightly more than economists forecast in the first quarter.

International Monetary Fund (IMF) head Christine Lagarde urged Germany to increase investments to help spur the euro zone's flagging economic recovery, adding that the bloc as a whole needed to make more structural reforms.

Chief financial officers are growing more concerned with major economic zones like Europe and China, along with regulations, according to a new survey.

On Sunday the Greek people voted "no" on the recent economic referendum. Learn exactly what they were voting on, and how the "no" vote will affect the Eurozone.

The euro tumbled to a two-week low after a plunge in euro zone inflation left markets suddenly eyeing the outside chance of a cut in interest rates.