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Jul 25, 2014

Luxury stocks lead European shares lower after LVMH misses forecast

EDINBURGH, July 25 (Reuters) – European shares fell on
Friday, with French stocks in particular underperforming after a
batch of weaker-than-expected earnings reports, ahead of closely
followed German sentiment data.

Shares of French luxury-goods group LVMH fell 5.3
percent, the worst performer on the pan-European FTSEurofirst
300, after posting below-forecast second-quarter sales
and profits, hit by a drop in demand from China.

Jul 23, 2014

Bank of England’s Carney sees conflicting signals from jobs market

GLASGOW Scotland (Reuters) – The Bank of England is weighing up conflicting signals from Britain’s labour market as it prepares to start raising interest rates from their record low, BoE Governor Mark Carney said on Wednesday.

Britain’s economy is now back to its size of before the financial crisis but the mismatch between strong jobs growth and weak earnings was giving the central bank pause for thought, Carney said.

Jul 23, 2014

Better earnings provide support for European shares, led by Daimler

EDINBURGH, July 23 (Reuters) – European stocks rose on
Wednesday on the back of generally strong earnings despite
investors’ concerns over the possibility of fresh European Union
sanctions against Russia over the Ukraine crisis.

German blue chip shares outperformed, gaining 0.5
percent, led higher by car and truck maker Daimler
after it posted earnings above expectations.

Jul 22, 2014

FTSE boosted after Ukraine rebels hand over black boxes

EDINBURGH (Reuters) – Britain’s top share index rose on Monday, buoyed by a bounce in risk-sensitive sectors after traders saw hopes of an easing of tensions in Ukraine, although individual earnings reports weighed on the market.

The FTSE 100 was up 39.66 points, or 0.6 percent, at 6,768.10 by 0829 BST in a broad-based rise, with financials and basic materials, sensitive to appetite for risk in equities, accounting for nearly half the gains.

Jul 22, 2014

Britain’s FTSE boosted after Ukraine rebels hand over black boxes

EDINBURGH, July 22 (Reuters) – Britain’s top share index
rose on Monday, buoyed by a bounce in risk-sensitive sectors
after traders saw hopes of an easing of tensions in Ukraine,
although individual earnings reports weighed on the market.

The FTSE 100 was up 39.66 points, or 0.6 percent, at
6,768.10 by 0729 GMT in a broad-based rise, with financials and
basic materials, sensitive to appetite for risk in equities,
accounting for nearly half the gains.

Jul 21, 2014

European shares led lower by Germany’s DAX, sensitive to Ukraine crisis

EDINBURGH, July 21 (Reuters) – European stocks fell on
Monday, hit by a drop in German stocks as sensitivity to tension
in Ukraine mounted.

German blue chip stocks underperformed, with the DAX
down 0.4 percent, as fighting erupted in the rebel-held
city of Donetsk.

Jul 18, 2014

As Scotland decides, not all Scots get a vote

EDINBURGH (Reuters) – Ruth McPherson was born and educated in Scotland but left to work in London two years ago and so has no say on whether her native country should end three centuries of union with England.

Over a million Scots like McPherson living outside the land of their birth can take no part in its Sept. 18 referendum on breaking from the rest of Britain, while one in six of those who can vote were not born in Scotland. That has fueled a debate on just what it means to be Scottish in the 21st century.

Jul 18, 2014

European shares fall as downed plane spurs safe-haven buying

EDINBURGH, July 18 (Reuters) – European stocks fell on
Friday, extending losses made late in the previous session after
a passenger plane was shot down over eastern Ukraine, stoking
tensions between Russia and the West.

The pan-European FTSEurofirst 300 index was down by
0.3 percent at 1,356.36 by 0748 GMT but was off an intraday low
hit in early morning trade.

Jul 18, 2014

Insight – As Scotland decides, not all Scots get a vote

EDINBURGH (Reuters) – Ruth McPherson was born and educated in Scotland but left to work in London two years ago and so has no say on whether her native country should end three centuries of union with England.

Over a million Scots like McPherson living outside the land of their birth can take no part in its Sept. 18 referendum on breaking from the rest of Britain, while one in six of those who can vote were not born in Scotland. That has fuelled a debate on just what it means to be Scottish in the 21st century.

Jul 17, 2014

Russia-exposed European shares knocked back by new sanctions

EDINBURGH, July 17 (Reuters) – European stocks fell on
Thursday, with appetite for equities dented by new Western
sanctions on Russia and a mixed earnings picture.

Stocks with high exposure to Russia were among the top
fallers after the European Union and the United States increased
sanctions on the country.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
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