A threat to remove Adele and the Arctic Monkeys from YouTube should be investigated by the European Commission, according to the independent record labels they are signed to.
David Cameron was accused on Sunday of blackmail and threats as his attempts to stop Jean-Claude Juncker becoming president of the European commission put him at the centre of a power struggle for control of the European Union.
The European Commission has informed Crédit Agricole, HSBC and JPMorgan of its preliminary view that they may have breached EU antitrust rules by colluding to influence the pricing of interest rate derivatives denominated in the euro currency.
One of the last remaining conditions the EU attached to the £45bn rescue of Royal Bank of Scotland has been removed in a step the chancellor said would help to get back taxpayers' money in the bailed out bank.
The chief secretary to the Treasury has poured cold water on plans being hatched inside Royal Bank of Scotland to pay bumper bonuses to senior staff.
Europe's antitrust chief says Google has one "last opportunity" to settle allegations it is abusing its dominant position in web search before he pursues legal action.
Britain's biggest bank, HSBC, is preparing to hand out multimillion-pound share awards to 1,000 of its top staff as it attempts to bypass the new European Union rules capping bankers' bonuses.
Credit rating agency Standard & Poor's incited the ire of European Union officials on Friday when it snatched away the region's top AAA rating, citing tensions between member states and a deterioration in their overall financial health.
RBS reached a settlement with the European Commission, in relation to competition law breaches concerning certain interest rate derivatives referenced to the London Interbank Offered Rate based on Japanese Yen (Yen LIBOR) and the Euro Interbank Offered Rate ('EURIBOR').
Brussels has unveiled plans to police financial market benchmarks in an attempt to prevent a repeat of the Libor and Euribor rigging scandals that erupted across the City and other financial centres last year.
European leaders reached an agreement with Cyprus early on Monday morning that closes down the island's second-biggest bank and inflicts huge losses on wealthy savers.
David Cameron failed on Thursday night in his bid to persuade European council president Herman Van Rompuy to agree to €6bn (£4.85bn) in EU administration costs. In his latest proposal, Van Rompuy declined to agree to any further cuts in administration.