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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.

Jul 8, 2014

European shares led lower by banks, as threat of US fine hits Commerzbank

EDINBURGH, July 8 (Reuters) – Banking stocks led European
shares lower on Tuesday as German banks became the latest
lenders to be negotiating a costly legal settlement with U.S.
authorities.

At the close, the pan-European FTSEurofirst 300 index
was down 1.3 percent at 1,363.46 points, extending
losses in afternoon trade in line with US stocks.

Jul 8, 2014

Banks lead European shares lower as US fine concern hits Commerzbank

LONDON/EDINBURGH, July 8 (Reuters) – Banking stocks led
European shares lower on Tuesday as German banks became the
latest lenders to be negotiating a costly legal settlement with
U.S. authorities.

Euro zone banks fell 1.5 percent, the biggest
sectoral faller, led lower by Commerzbank.

Jul 7, 2014

European shares edge lower after German data miss

EDINBURGH, July 7 (Reuters) – European shares fell on Monday
after weak data out of Germany took the wind out of a rally that
saw a top index post its best week in over three months.

German industrial output fell 1.8 percent on the month in
May, its biggest drop in more than 2 years, confounding
expectations of unchanged industrial output in Europe’s
powerhouse.

Jul 4, 2014

Queen names new warship amid Scotland, defence budget uncertainty

ROSYTH, Scotland, July 4 (Reuters) – Queen Elizabeth
officially named the biggest warship Britain has ever built on
Friday amid uncertainty over Scotland’s coming independence
referendum and future British defence spending.

A crowd of 4,000 gathered in this Scottish port to watch
pipe bands and dancers perform before the monarch pressed a
button to smash a bottle of Scotch whisky against the hull of
the HMS Queen Elizabeth, the first of two new aircraft carriers
worth 6.2 billion pounds ($10.6 billion).

Jul 2, 2014

European shares edge higher, pinned back by French telecoms

EDINBURGH, July 2 (Reuters) – European shares rose slightly
on Wednesday, following fresh highs in U.S. markets and a
three-year peak for Asian stocks, though dashed hopes for
deal-making in the French telecoms sector kept a lid on gains.

The pan-European FTSEurofirst 300 index was up 0.2
percent at 1,384.52 by 0800 GMT, with benchmark indexes in
Germany and the UK in positive territory.

Jul 1, 2014

Miners lift FTSE to positive start for the quarter

EDINBURGH, July 1 (Reuters) – Britain’s top share index started the second half of the year on a positive note, towed higher by heavily weighted mining stocks after fresh data pointed to continuing demand from China, the world’s biggest metals consumer.

Miners rose 1.8 percent, the top sectoral gainer, after public and private surveys from China showed government policy was helping to support demand in the economy.

Jul 1, 2014

Miners lift Britain’s FTSE to positive start for the quarter

EDINBURGH, July 1 (Reuters) – Britain’s top share index
started the second half of the year on a positive note, towed
higher by heavily weighted mining stocks after fresh data
pointed to continuing demand from China, the world’s biggest
metals consumer.

Miners rose 1.8 percent, the top sectoral
gainer, after public and private surveys from China showed
government policy was helping to support demand in the economy.

Jun 27, 2014

Rolls-Royce, Airbus help European shares higher

EDINBURGH, June 27 (Reuters) – European shares edged higher
on Friday, supported by gains in British engine maker
Rolls-Royce but still set for their first weekly loss
since April.

Rolls-Royce rose 1.4 percent, one of the FTSEurofirst 300′s
biggest gains, after Reuters exclusively reported that
Airbus is close to deciding to upgrade its A330 with
engines from the UK-listed company. Airbus also
rose 1.4 percent, to the top of France’s CAC 40 index.

Jun 24, 2014

FTSE edges up, buoyed by oil stocks

EDINBURGH, June 24 (Reuters) – Britain’s top share index edged higher on Tuesday, boosted by strength in oil and gas companies as new discoveries and good results cushioned the blow of a fall in the price of Brent crude.

Energy shares added 8.6 points to the FTSE 100, the biggest sectoral contributor, with Tullow Oil- up 2 percent – the top riser after it said its partner in northern Kenya, Africa Oil, had found oil and gas at the Ngamia-2 well.

    • 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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