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Europe

Markets - Equity - Europe

European stocks retreat at open LONDON: Europe's main stock markets fell at the start of trading on Friday, with London's benchmark FTSE 100 index sliding 0.2 percent to 6,689.17 points.In the eurozone, Frankfurt's DAX 30 dropped 0.3 percent compared with the close on Thursday to 10,130.51 points and the Paris CAC 40 also slid 0.3 percent to 4,365.38.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Europe

Airline stocks drag down Britain's FTSE LONDON: Britain's top share index slipped on Thursday after four straight days of gains, with airline stocks falling sharply after industry bellwethers easyJet and Lufthansa warned of slower bookings and a worsening outlook.Shares in easyJet dropped 5.3 percent after the carrier said it could not predict the outcome for the end of the year as growing security concerns, weaker consumer confidence and currency volatility hit the group during its most profitable peak summer period.The sector ...

Markets - Equity - Europe

Markets shrug off lack of ECB stimulus signal LONDON: European markets took in their a lack of a hoped-for signal from the ECB about a quick shot of stimulus to handle Brexit but airline shares hit turbulence Thursday following a bleak outlook from EasyJet.As expected, the European Central Bank did not announce any new measures at its regular policy meeting on Thursday.However, investors had been looking for ECB chief Mario Draghi to hint strongly at a further loosening in monetary policy in September ...

Markets - Equity - Europe

European shares make little progress as weaker airlines offset firmer banks LONDON: European stocks made little progress on Thursday, as a drop in the shares of major airlines offset gains in some banks which were propped up by more signs that the ECB would look to support the sector.The pan-European STOXX 600 index and the similar FTSEurofirst 300 were both flat going into the close of the trading session.Airline stocks fell amid fears that consumers may avoid travelling abroad for holidays after last week's attack in ...

Markets - Equity - Europe

European stocks drop before ECB LONDON: European stock markets dropped Thursday, with investors looking ahead to a monetary policy update from the ECB, while the airline sector took a hit following a bleak outlook from EasyJet.Around 1015 GMT, London's benchmark FTSE 100 index was down 0.5 percent compared with Wednesday's close.Sentiment was hit also by official data showing British retail sales sank in June by the heaviest amount in six months -- though on poor weather rather than uncertainty in ...

Markets - Equity - Europe

Stocks nurse nine-month highs before ECB meeting LONDON: World stocks faded after hitting nine-month highs on Thursday as signals from Japan that its next shot of stimulus won't include hand-out 'helicopter money' cooled the mood.The European Central Bank's first post-Brexit meeting was due later with expectations that it will keep rates on hold.The yen had hit a six-week low on reports Tokyo was considering a package of at least 20 trillion yen to boost the economy. It later jumped 1 percent, however, ...

Markets - Equity - Europe

European shares decline as airline stocks slump LONDON: European stocks fell on Thursday, weighed down by a drop in the shares of major airlines after Lufthansa issued a profit warning.The pan-European STOXX 600 index and the similar FTSEurofirst 300 were both down by 0.3 percent, hovering near session lows, after the European Central Bank (ECB) kept interest rates on hold at record lows.The ECB added it still expects its key interest rates to remain at present or lower levels for an extended ...