02082016Mon
Last update: Mon, 08 Feb 2016 09am

Europe

Markets - Equity - Europe

European stock markets fall further at open LONDON: Europe's main stock markets dropped once more at the start of trading on Wednesday following another rout across Asia. London's FTSE 100 benchmark index of top blue-chip companies slipped 0.2 to 5,912.9 points compared with Tuesday's close.In the eurozone, Frankfurt's DAX 30 index dropped 0.4 percent to 9,541.5 points and the Paris CAC 40 nudged down almost 0.1 percent to 4,282.4.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Europe

European equities hammered as oil pushes BP into loss LONDON: European stock markets tumbled Tuesday as BP's vast annual earnings loss rattled an energy sector already battered by sliding oil prices.London equities fell 2.3 percent, with British energy giant BP sinking nearly 9 percent after posting the company's biggest loss in at least 20 years on the oil-price collapse.BP suffered a loss after tax of $6.48 billion (5.97 billion euros) last year, compared with a net profit of $3.78 billion in 2014, and announced ...

Markets - Equity - Europe

Britain's FTSE bruised by BP LONDON: Britain's top share index fell sharply on Tuesday, knocked down by a drop in BP after the oil major reported its biggest ever annual loss.The blue-chip FTSE 100 index closed 2.3 percent lower at 5,922.01 points, with the FTSE down 5 percent since the start of 2016.BP shares slumped 8.7 percent.The company's results were worse even than when it counted the costs of the deadly Gulf of Mexico oil spill in 2010, raising questions ...

Markets - Equity - Europe

European shares drop as oil prices fall, BP reports loss LONDON: European equities fell sharply on Tuesday as crude oil prices slipped again and companies like BP reported disappointing earnings.BP fell 8.7 percent, its biggest daily decline since mid-June 2010, after reporting its worst annual loss in more than 20 years in 2015 and announced thousands of job cuts. It maintained its dividend, but the weak results and outlook are likely to put pressure on the company, which has had to increase borrowing."BP's dividend is ...

Markets - Equity - Europe

Paris, Madrid stocks down more than 3pc as oil drops back under $30 PARIS: The Paris and Madrid stock exchanges fell more than 3 percent in afternoon trading on Tuesday as Brent crude oil prices briefly fell below $30 per barrel.The CAC 40 index was down 3.1 percent at 4,256.35 points, while Madrid's IBEX 35 was down 3.4 percent at 9,491.9 points. Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Europe

European equities sell-off gathers pace LONDON: European stock markets plunged further Tuesday as BP's vast annual earnings loss rattled an energy sector already battered by sliding oil prices.London equities shed 1.6 percent, with British energy giant BP tumbling almost nine percent after posting the company's biggest loss in at least 20 years on the oil-price collapse.BP suffered a loss after tax of $6.48 billion (5.97 billion euros) last year, compared with a net profit of $3.78 billion in 2014, and ...

Markets - Equity - Europe

European stock markets extend losses at open LONDON: Europe's main stock markets fell further at the start of trading on Tuesday, with sentiment dogged by weaker oil prices and global economic fears centred on China.London's FTSE 100 benchmark index of top blue-chip companies slid about 0.4 percent to 6,037.28 points compared with Monday's close.In the eurozone, Frankfurt's DAX 30 index shed nearly 0.4 percent to 9,721.2 points and the Paris CAC 40 declined 0.53 percent to 4,368.9.The region's markets had also fallen ...