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Last update: Tue, 03 May 2016 04am

Europe

Markets - Equity - Europe

Spain, Italy lead European shares lower on Greek nerves LONDON: Spanish and Italian shares led European equity indexes lower on Monday as investors grew more worried about the possible ramifications of Greece's debt negotiations over the rest of the periphery.After a turbulent first week in office, Greece's new government has made clear it wants to end the existing arrangement with the European Union, the European Central Bank and International Monetary Fund "troika" when its aid deadline expires on Feb. 28.While investors had so far taken the view that the impact of a Greek crisis could be contained, the prospect of tough negotiations between Greece and its lenders was starting to sour appetite for assets in countries such as Spain and Italy, where anti-austerity party have also gained popularity.Analysts at Goldman Sachs wrote on Monday they were withdrawing their recommendation to buy Italy's FTSE MIB index and Spain's Ibex, which were down 0.6 percent and 2.2 percent at 1057 GMT."(W)e ...

Markets - Equity - Europe

CRH surge leads Britain's FTSE to modest gains LONDON: Britain's top share index edged higher on Monday, with a surge in Irish building supplies groups CRH partially counteracted by a drop in airlines after Ryanair cautioned on its profit outlook.Shares in CRH rose 4.7 percent, the top gainer in the blue-chip FTSE 100 index, after the company said it had agreed to pay 6.5 billion euros ($7.4 billion) for assets that Lafarge and Holcim needed to sell to secure regulatory approval for their ...

Markets - Equity - Europe

European stocks rise at open LONDON: European stock markets rose at the start of trading on Monday, with London's benchmark FTSE 100 index up 0.44 percent to 6,779.00 points.Frankfurt's DAX 30 grew 0.23 percent to 10,719.18 points and the CAC 40 in Paris gained 0.20 percent to 4,613.31 compared with Friday's close.Copyright AFP (Agence France-Presse), 2015 ...

Markets - Equity - Europe

European stocks mixed as deflation fears bite LONDON: European stock markets traded mixed Friday, as deflation worries deepened for the eurozone, which was locked in crucial talks with Greece over a possible restructuring of debt.London's benchmark FTSE 100 index dropped 0.17 percent to 6,798.79 points in afternoon trade.Frankfurt's DAX 30 rose 0.04 percent to 10,741.63 points, with early gains won thanks to an improved showing on Wall Street giving way to deflation fears.The CAC 40 in Paris slipped 0.22 percent to 4,621.29 ...

Markets - Equity - Europe

European stocks rise at open LONDON: European stock markets rose at the start of trading on Friday after a solid performance on Wall Street, with London's benchmark FTSE 100 index up 0.41 percent to 6,838.50 points.Frankfurt's DAX 30 grew 0.59 percent to 10,801.38 points and the CAC 40 in Paris gained 0.53 percent to 4,655.95 compared with Thursday's close.US stocks pushed higher Thursday on generally solid corporate earnings and a gain in oil prices, traders said.Copyright AFP (Agence France-Presse), 2015 ...

Markets - Equity - Europe

Greek stocks recover to finish day up 3.2pc ATHENS: The Greek stock market finished the day up almost 3.2 percent on Thursday and the country's four main banks rose nearly 13 percent, recovering some of their losses from Wednesday.The Athens stock market had plunged on Wednesday after Greece's new hard-left Prime Minister Alexis Tsipras scrapped key privatisation projects and pressed home his demand for a renegotiated deal on the country's multi-billion-euro bailout. Copyright AFP (Agence France-Presse), 2015 ...

Markets - Equity - Europe

Fed rate outlook weighs on stocks, lifts dollar LONDON: European stocks slipped and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signalled it was on track to raise interest rates this year.The stronger dollar helped push U.S. oil prices to six-year lows and weighed on the price of gold.Greece, where an anti-austerity prime minister took over on Monday, also kept investors nervous, although Greek shares regained some ground after falling 9.2 percent ...