01222017Sun
Last update: Sun, 22 Jan 2017 03pm

Europe

Markets - Equity - Europe

European stocks hold steady at open LONDON: European stocks steadied at the open on Friday with London's benchmark FTSE 100 index almost unchanged at 7,001.08 points.In the eurozone, Frankfurt's DAX 30 was also flat at 11,368.64, while the Paris CAC 40 drifted 0.1 percent lower to 4,815.35 compared with Thursday's close.Copyright AFP (Agence France-Press), 2016 ...

Markets - Equity - Europe

European stocks climb as Fed boosts bank sector LONDON: Europe's stock markets mostly advanced Thursday with solid gains across the banking sector after the US Federal Reserve hiked interest rates as expected -- and signalled three more rises next year.The news sent the dollar spiking against rival currencies as the hawkish prospect of more rate hikes cemented support for the greenback.The yield on 10-year US Treasury bonds hit the highest level since the summer of 2014, having already soared in the wake of ...

Markets - Equity - Europe

European shares move towards 11-month high on stronger banks LONDON: European shares rose on Thursday, helped by gains in global banks following the U.S. Federal Reserve's interest rate hike overnight, while growing corporate deal activity continued to underpin year-end optimism.The pan-European STOXX 600 was trading up 0.2 percent, inching back towards an 11-month high scaled earlier this week. The benchmark index is still down nearly 3 percent so far in 2016, but could close the year in positive territory if the market witnesses an ...

Markets - Equity - Europe

Britain's FTSE slips as gold miners drop, banks firm LONDON: UK shares retreated on Thursday, hit by a fall among mining companies after the U.S. Federal Reserve raised interest rates, though shares in banking stocks and Centrica rallied.The blue chip FTSE 100 index was down 0.2 percent at 6,935.65 points by 1009 GMT, underperforming the broader rally across European markets which was underpinned by gains in the banking sector.The U.S. Federal Reserve hiked interest rates by 25 basis points on Wednesday and signaled an ...

Markets - Equity - Europe

Countdown to first Fed hike in a year under way, but focus shifting to 2017 LONDON: World stocks and the US dollar edged lower, while government bond yields fell, with investors certain the Federal Reserve will lift interest rates for the first time in a year on Wednesday but less so about what it may do in 2017. European shares fell 0.4 percent and US stock futures were flat, suggesting a cautious start to Wall Street trading after Tuesday's stock market rally to all-time highs. Asian stocks outside Japan eked ...

Markets - Equity - Europe

European shares retreat from 11-month high, Actelion and Colruyt fall LONDON/MILAN: European shares fell from an 11-month high on Wednesday, with Switzerland's Actelion slumping after US healthcare company Johnson & Johnson ended discussions over a potential deal with Europe's largest biotech firm. Actelion shares fell 9.2 percent after J&J said it was not able to reach an agreement that it believed would create adequate value for its shareholders. J&J said in November it was in preliminary talks about a takeover of Actelion, then valued at ...

Markets - Equity - Europe

European shares retreat from 11-month high, Actelion and Colruyt fall LONDON: European shares retreated from an 11-month high on Wednesday, with Switzerland's Actelion slumping after U.S. healthcare company Johnson & Johnson ended discussions over a potential deal with Europe's largest biotech firm.Actelion shares fell nearly 8 percent after J&J said it was not able to reach an agreement that it believed would create adequate value for its shareholders. J&J said in November it was in preliminary talks about a takeover of Actelion, then valued at ...