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Feb 10, 2015

Greek markets rebound ahead of euro zone meeting

LONDON (Reuters) – Greek bonds and stocks bounced back on Tuesday ahead of an emergency meeting of euro zone finance ministers that some hope could be the first step to finding an agreement to ease the standoff between Greece and its lenders.

Finance Minister Yanis Varoufakis makes his debut meeting with euro zone peers on Wednesday when he will outline Athens’ demands for a new debt deal that would allow it to shake off much of the austerity imposed by a European Union/International Monetary Fund bailout since 2010.

Feb 9, 2015

Weak utility stocks, HSBC take spark out of Britain’s FTSE

LONDON, Feb 9 (Reuters) – Britain’s top share index edged
lower on Monday, hurt by a fall in HSBC after the bank
admitted tax failings at its Swiss unit and by softer utility
stocks.

The blue-chip FTSE 100 index was down 0.2 percent,
or 16.29 points, at 6,837.15 points by the close, with United
Utilities, National Grid and Severn Trent
falling by between 3.1 and 2.1 percent.

Feb 6, 2015

Tate tumbles and gold miners fall as UK’s FTSE slips

LONDON, Feb 6 (Reuters) – Britain’s top equity index slipped
off five-month highs on Friday as a drop in gold mining shares
weighed on the stock market.

The blue-chip FTSE 100 index closed 0.2 percent
lower at 6,853.44 points, although it remained close to its best
level since early September.

Feb 5, 2015

European stock markets held back by slide in Greek shares

LONDON/PARIS, Feb 5 (Reuters) – Greek shares dropped on
Thursday, holding back European stock markets, after the
European Central Bank abruptly cancelled its acceptance of Greek
bonds in return for funding.

Greek banking stocks sank, with the Athens Stock Exchange
FTSE Banks Index dropping 10 percent, driving
Greece’s broader ATG equity index down by 3.4 percent.

Feb 5, 2015

Slide in Greek shares weighs on European stock markets

PARIS/LONDON, Feb 5 (Reuters) – Greek shares fell sharply on
Thursday, pegging back European stock markets, after the
European Central Bank abruptly cancelled its acceptance of Greek
bonds in return for funding.

Greek banking shares sank, with the Athens Stock Exchange
FTSE Banks Index dropping 14 percent, driving
Greece’s broader ATG equity index down by 5.9 percent.

Feb 5, 2015

Greek markets hammered after ECB raises stakes for Athens

LONDON, Feb 5 (Reuters) – Greek financial markets came under
heavy selling pressure on Thursday after the European Central
Bank raised the stakes for the new government in Athens to
strike a new aid-for-reform deal with its European partners.

The ECB said it would stop accepting Greek bonds in return
for funding from Feb. 11, shifting the burden onto the Greek
central bank and isolating Athens at least temporarily until a
deal is reached.

Feb 5, 2015

European shares fall after ECB decision on Greek debt

PARIS/LONDON, Feb 5 (Reuters) – European stocks fell on
Thursday after the European Central Bank abruptly cancelled its
acceptance of Greek bonds in return for funding, shifting the
burden onto the country’s central bank.

Greek banking shares sank, with the Athens Stock Exchange
FTSE Banks Index dropping 14 percent, driving
Greece’s broader ATG equity index down by 5.6 percent.

Feb 4, 2015

Britain’s FTSE hindered by Hargreaves and oil stocks

LONDON, Feb 4 (Reuters) – Britain’s top equity index
retreated from five-month highs on Wednesday as oil stocks
slipped, while investment company Hargreaves Lansdown
fell after a dip in interim profits.

The blue-chip FTSE 100 index was down by 0.9 percent
at 6,809.30 points going into the close of the trading session.
On Tuesday it hit its highest level since September.

Feb 3, 2015

Britain’s FTSE bolstered as BP rises

LONDON, Feb 3 (Reuters) – Britain’s top share index rose
towards a 4-1/2 month high on Tuesday, boosted by energy stocks
as BP’s results beat earnings expectations.

The blue-chip FTSE 100 index ended up 1.3 percent at
6,871.80 points, near its highest level since September 2014.

Jan 29, 2015

UK’s FTSE eases to near one-week lows as Shell slides

LONDON, Jan 29 (Reuters) – Britain’s main share index fell
to near one-week lows on Thursday, with oil major Royal Dutch
Shell weighing on the market after it missed earnings
expectations.

The blue-chip FTSE 100 equity index ended down 0.2
percent at 6,810.60 points as Shell dropped 4.9 percent, among
the worst-performing FTSE 100 stocks in percentage terms. The
company also announced a $15 billion cut in spending due to the
slump in oil prices.