News

Europe

 Pharmaceuticals help European bourses rebound 

Thursday, July 29, 2010
A clutch of impressive earnings from some of the Europe's biggest companies helps improve sentiment, as the region's traders turn away from worrying US data and concentrate on robust corporate...

 Strong earnings rekindle London rally 

Thursday, July 29, 2010
London equities make fresh gains, with sentiment reinvigorated by a series of well-received company updates

 International Power and FTSE lose steam 

Wednesday, July 28, 2010
Terms of proposed reverse takeover by GDF Suez may disappoint

 Bearish forecasts end six-day positive run 

Wednesday, July 28, 2010
Weakness in energy stocks and a late sell-off in the banking sector bring an end to a run of six consecutive positive sessions for the benchmark index

 Surge in German consumer confidence  

Thursday, July 29, 2010
Germans have become less worried about unemployment than at any time in the past two years, triggering a surge in consumer confidence in Europe's largest economy

 Danone sells stake in Chinese juice maker 

Wednesday, July 28, 2010
Danone has sold its stake in Chinese juice maker Huiyuan Juice Group for €200m, less than half the amount Coca-Cola was prepared to pay in a deal that collapsed last year

 Fiat's Marchionne demands union guarantees 

Wednesday, July 28, 2010
The carmaker's chief executive raises the stakes in his dispute with Italy's labour unions by demanding productivity guarantees before going ahead with plans to invest €20bn in its home country

 Asia-focus banks carry Footsie to 10-week high 

Tuesday, July 27, 2010
Goldman Sachs talks up their potential growth as a result of China's loosening of currency controls

 Triple bonus boosts Europe bank shares 

Tuesday, July 27, 2010
FTSE Eurofirst banks index closed up nearly 5 per cent, best performance since €750bn eurozone bail-out package was sealed in May

 Eurofirst attains three-month high on surge in banks  

Tuesday, July 27, 2010
Main beneficiaries of Basel committee's decision to soften some of its proposed regulatory changes

 Infineon turns fortunes round to lift revenues 

Wednesday, July 28, 2010
German chipmaker reports 59% boost to its quarterly revenues just a year after a turnround brought about by a mixture of cost cuts, a capital increase and a rapid upturn in global demand

 Heavy users of mobile data face higher fees 

Wednesday, July 28, 2010
KPN's chief says 'sanity' in pricing will be returning to the industry that has charged a premium for voice calls while offering unlimited data plans for relatively modest fees