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Jul 2, 2015

Electrolux slump weighs on weaker European stock markets

LONDON, July 2 (Reuters) – European shares fell on Thursday
under pressure from concerns over Greece’s debt crisis and with
a rebound in the euro weighing on exporters that typically
benefit from the single currency’s weakness.

Adding to the downward pressure, Sweden’s Electrolux
fell after a U.S. legal challenge to a planned
takeover.

Jul 1, 2015

UK’s FTSE rebounds off 5-1/2 month lows; airlines rally

LONDON, July 1 (Reuters) – Britain’s top equity index
bounced back from five-and-a-half month lows on Wednesday,
lifted by airline stocks that were boosted by lower oil prices
and a recommendation for a new runway at London’s Heathrow
airport.

The blue-chip FTSE 100 index was up by 80.88 points,
or 1.2 percent, at 6,601.86 points by the close. It was still
about 7 percent below a record high of 7,122.74 points reached
in late April.

Jul 1, 2015

Airlines rally as UK’s FTSE rebounds off 5-1/2 month lows

LONDON, July 1 (Reuters) – Britain’s top equity index
bounced back from five-and-a-half month lows on Wednesday,
lifted by airline stocks that were boosted by lower oil prices
and a recommendation for a new runway at London’s Heathrow
airport.

London and other European stock markets got a further boost
after the Financial Times reported Greek Prime Minister Alexis
Tsipras had written to international creditors saying Greece was
prepared to accept a bailout offer published on June 28,
provided several conditions were changed.

Jul 1, 2015

Airlines lead bounce in FTSE as oil prices fall

LONDON (Reuters) – FTSE bounced back from five-and-a-half month lows on Wednesday, lifted by airline stocks that were boosted by lower oil prices and a recommendation to build a new runway at London’s Heathrow airport.

But persistent concerns over Greece – which overnight became the first developed economy to default on a loan from the International Monetary Fund (IMF) – kept the market well below its earlier 2015 highs.

Jul 1, 2015

Airlines lead bounce in Britain’s FTSE as oil prices fall

LONDON, July 1 (Reuters) – Britain’s top equity index
bounced back from five-and-a-half month lows on Wednesday,
lifted by airline stocks that were boosted by lower oil prices
and a recommendation to build a new runway at London’s Heathrow
airport.

But persistent concerns over Greece – which overnight became
the first developed economy to default on a loan from the
International Monetary Fund (IMF) – kept the market well below
its earlier 2015 highs.

Jun 30, 2015

UK shares fall to 5-1/2 month low, supermarkets sink

LONDON, June 30 (Reuters) – Britain’s top equity index hit
its lowest level since mid-January on Tuesday, pulled down by
miners and supermarkets and underperforming even euro zone
shares despite Greece being hours away from a repayment default.

While new data showed Britain’s economy enjoyed a stronger
start to the year than previously thought, buoyed by
big-spending consumers and an upturn in business investment,
weak exports continued to drag on growth.

Jun 30, 2015

Britain’s FTSE pegged back by falls at Tesco and Standard Life

LONDON, June 30 (Reuters) – Britain’s top equity index fell
towards five-month lows on Tuesday, with insurer Standard Life
and supermarket group Tesco underperforming, as
worries over Greece weighed on world markets.

The blue-chip FTSE 100 index was down by 0.6 percent
at 6,578.81 points, near its lowest level since late January and
extending losses after a 2 percent drop on Monday.

Jun 30, 2015

Standard Life slips as Greek worries peg back FTSE

LONDON (Reuters) – FTSE fell towards its lowest level in around five months on Tuesday, with insurer Standard Life (SL.L: Quote, Profile, Research) underperforming after a broker downgrade, as worries over Greece weighed on world markets.

The blue-chip FTSE 100 index .FTSE was down by 0.8 percent at 6,565.46 points, near its lowest level since late January and extending losses after a 2 percent drop on Monday.

Jun 30, 2015

Standard Life slips as Greek worries peg back Britain’s FTSE

LONDON, June 30 (Reuters) – Britain’s top equity index fell
towards its lowest level in around five months on Tuesday, with
insurer Standard Life underperforming after a broker
downgrade, as worries over Greece weighed on world markets.

The blue-chip FTSE 100 index was down by 0.8 percent
at 6,565.46 points, near its lowest level since late January and
extending losses after a 2 percent drop on Monday.

Jun 29, 2015

Biggest one-day loss since 2011 for European stocks as Greek crisis deepens

LONDON, June 29 (Reuters) – Euro zone stocks suffered their
biggest one-day fall since 2011 on Monday, with southern
European banks in particular getting pummelled after Greece shut
its banks and imposed capital controls.

Some 30 billion euros ($33.30 billion) in market
capitalisation was wiped off euro zone banks as
investors dumped financial stocks, fearing the ripple effects of
a potential Greek exit from the euro zone.