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Antoine Arnault, son of LVMH CEO and Chairman Bernard Arnault, told CNBC the investment in the second-tier club was about "emotions" rather than finances.

The U.K. Competition and Markets Authority's independent inquiry group recommended the watchdog investigates Apple and Google's activities in mobile ecosystems.

Spain's Consumer Rights ministry demanded that the five low-cost airlines stop charging additional baggage fees.

Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to Europe's electrification ambitions.

The U.K. competition regulator will soon announce "behavioral" remedies to address anti-competitive practices in the cloud industry, two sources told CNBC.

Fears are mounting that the U.S. could soon experience its own version of Britain's "mini-budget" crisis.

Odoo, an enterprise software startup rivalling SAP, boosted its valuation to $5.3 billion in a secondary share round led by Alphabet's VC fund and Sequoia.

The Financial Stability Review also said weak growth was now a bigger threat to the 20-nation euro zone than high inflation.

It is thought that Trump's pledge to introduce tax cuts and steep tariffs could boost economic growth -- but widen the fiscal deficit and refuel inflation.

UK inflation rises sharply to 2.3% in October, above expectations