BRUSSELS (Reuters) - EU antitrust regulators fined nine drugmakers a total of 146 million euros ($195.5 million) on Wednesday for blocking the supply of cheaper medicines on the market, with a penalty of 94 million euros imposed on Denmark's Lundbeck. Full story
FRANKFURT/LONDON (Reuters) - Vodafone <VOD.L> was discussing a bid of about $10 billion with Germany's No. 1 cable operator Kabel Deutschland <KD8Gn.DE> and was confident its raised all-cash offer and absence of antitrust issues put it in a better position than rival Liberty Global, two Full story
BRUSSELS (Reuters) - The euro zone does not intend to change the terms of Cyprus's bailout as requested by Cypriot President Nicos Anastasiades in a letter sent to euro zone leaders and its lenders, three senior euro zone officials said on Wednesday. Full story
PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent will focus on its high-growth fixed and mobile products and slim down via 1 billion euro in cost cuts by 2015 in a bid to reverse years of losses. Full story
MILAN (Reuters) - An Italian court is expected to rule on Wednesday on whether legendary fashion duo Domenico Dolce and Stefano Gabbana should be sent to prison for allegedly hiding hundreds of millions of euros from the tax authorities. Full story
MADRID (Reuters) - A fraud investigation of Spain's Princess Cristina was thrown into disarray on Tuesday when the Tax Agency said it had been mistaken in reporting she had been the seller of 1.4 million euros ($1.87 million) worth of properties. Full story
CNBC's Rick Santelli and Mark Grant of Southwest Securities talk about how the ECB's rate policy is impacting the euro, and what's behind the rally in the pound.
CNBC's Ross Westgate reports on all the market moving events from Europe, as better-than-expected euro zone manufacturing data trimmed earlier losses.
The financial situation in the tiny island nation is high on the agenda of the euro zone's finance ministers, reports CNBC's Michelle Caruso-Cabrera.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks slip lower ahead of the euro zone meeting.
Buying pressure in the yen lead to a brief dip in the dollar compared to that currency, with David Woo, BofA Merrill Lynch Global Research, and Gary Kozlowski, United Futures Trading. "The only thing that can save the euro is a weaker euro," adds Woo.
Michel Combes, Alcatel-Lucent new Chief Executive Officer, poses for the media before a news conference in Paris June 19, 2013. Telecom equipment maker Alcatel-Lucent will focus on its high-growth fixed and mobile products and slim down via 1 billion euro in cost cuts by 2015 in a bid to reverse ye
Michel Combes, Alcatel-Lucent new Chief Executive Officer, arrives to attend a news conference in Paris June 19, 2013. Telecom equipment maker Alcatel-Lucent will focus on its high-growth fixed and mobile products and slim down via 1 billion euro in cost cuts by 2015 in a bid to reverse years of lo
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