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Last update: Sun, 31 Jul 2016 06am

Europe

Markets - Equity - Europe

European shares edge ahead led by Ryanair, William Hill; energy stocks down LONDON/MILAN: European shares inched higher on Monday, with low-cost airline Ryanair climbing after it issued a bullish outlook while shares in William Hill surged on bid interest from its rivals.The pan-European STOXX 600 index rose 0.2 percent, but came off earlier highs as oil & gas shares extended losses after crude prices fell to 2-1/2-month lows.Germany's DAX rose 0.5 percent after the IFO business morale survey showed the resilience of Europe's biggest economy to the turmoil triggered by UK's vote last month to quite the European Union.Even though the IFO reading fell to 108.3 in July from 108.7 in June, it still came in stronger than the Reuters consensus forecast for a reading of 107.5."For the time being, it seem almost like business as usual for the German economy. German businesses seem to be handling the current period of political uncertainty well," economists at Berenberg said in a note.Ryanair rose ...

Markets - Equity - Europe

G20 growth promise keeps shares near 9-month high LONDON: World shares held near nine-month highs on Monday after G20 finance chiefs said over the weekend they would use "all policy tools" to lift global growth.The signals helped European stocks climb over 0.5 percent as takeover activity also continued in the UK gambling sector and talk of record profits at Ryanair helped dispel some of the recent gloom surrounding airlines.Backsliding oil prices held back commodity firms and some emerging markets, however, meaning MSCI's All ...

Markets - Equity - Europe

European equities rise on German data LONDON: Most European stocks rose Monday, buoyed by resilient German business confidence, ahead of this week's Japanese and US interest rate decisions.Frankfurt's benchmark DAX 30 index jumped 1.0 percent in value after a key survey showed that Britain's vote to leave the EU has had a limited impact on business confidence in Germany.The closely-watched business confidence index from the Ifo institute in Munich fell to 108.3 points in July from June's figure of 108.7.July's reading ...

Markets - Equity - Europe

G20 growth promise keeps shares near 9-month high LONDON: World shares held near nine-month highs on Monday after G20 finance chiefs said over the weekend they would use "all policy tools" to lift global growth. The signals helped European stocks climb over 0.5 percent as takeover activity also continued in the UK gambling sector and talk of record profits at Ryanair helped dispel some of the recent gloom surrounding airlines.Backsliding oil prices held back commodity firms and some emerging markets, however, meaning MSCI's ...

Markets - Equity - Europe

European stocks firm at open LONDON: Europe's main stock markets drifted higher at the start of trading on Monday, with London's FTSE 100 index up almost 0.1 percent at 6,735.58 points.In the eurozone, Frankfurt's DAX 30 added nearly 0.4 percent to 10,182.93 points, while the Paris CAC 40 edged 0.01 percent higher to 4,381.63 compared with the close on Friday.Copyright AFP (Agence France-Presse), 2016 ...

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 ...