The logo of the Deutsche Bank is seen on the company's headquarters towers in Frankfurt/Main, western Germany (AFP Photo / Daniel Roland)

Germany’s Deutsche Bank is the latest European bank to be targeted by US investigators for funneling billions of dollars to Iran, Sudan, and other sanctioned countries through their American branches.

­The ...

Police close down the occupy camp in front of the European Central Bank ECB in Frankfurt am Main, Germany. (AFP Photo / Daniel Roland)

The European Commission wants the European Central Bank to supervise all the euro zone's banks, not just the biggest,Commission report said.

The Commission’s proposal allows national authorities to supervise the b...

While British athletes celebrate the most successful Olympics in the nation’s history, economists and politicians are divided whether the recession-hit economy has won a major boost from the Games.

­The London Mayor Boris Johnson boasted the Olympic Games were “money well spent” as tourists delivered a huge boost to restaurants, nightclubs and...

Spencer Platt / Getty Images / AFP

Russian markets are likely will likely take their cues from reports expected later today on the Eurozone’s economic and manufacturing growth.

­Russian markets closed in a positive territory Monday, despite a slight global downturn. The MICEX rose 0.75% and the RTS added 0.7%.

European stock markets took a dive...

Reuters / Krishnendu Halder

India's antitrust regulator has launched a probe against Google over alleged anti-competitive practices, after a consumer advocacy group CUTS International filed a complaint.

The Competition Commission of India (CCI) received information that Google was abusing its dominant position by imposing unfair and discriminatory...

AFP Photo / Patrik Stollarz

Germany’s largest utility E.ON said its first-half profit more than tripled reaching $3.9 billion after it reached a gas price deal with Russia’s Gazprom, and thanks to the absence of charges linked to Germany's exit from nuclear power.

­E.ON released key earnings figures last week, stressing the impact of a deal with ...

Iraq is outpacing rival Iran to become the second-biggest crude producer in OPEC, as its oil production reached 3.2 million barrels per day, according to the country’s Deputy PM.

“Oil production is now at 3.2 (million bpd), higher than other countries like Iran, the United Arab Emirates and Kuwait,” Hussein al-Shahristani, Deputy Prime Minister in...