News

Europe

 European banks remain buoyant 

Wednesday, February 8, 2012
Risk-on trading pushes the FTSE Eurofirst 300 to a fresh six-month high

 Stocks hit fresh six-month highs 

Wednesday, February 8, 2012
Hopes for the global economic recovery outweigh the sentiment-sapping impact of the lingering eurozone fiscal crisis

 Zeiler to quit RTL for Turner role 

Tuesday, February 7, 2012
Pan-European broadcaster to install co-chief executives after head leaves ‘by mutual and amicable consent’

 Swatch results trigger losses for luxury stocks 

Tuesday, February 7, 2012
Swiss watchmaker falls 4.6 per cent after its results come in below expectations with its losses exacerbated by its 2012 performance so far

 Julius Baer hit after weak results and US probe 

Monday, February 6, 2012
Weak results and an ongoing US investigation into allegations of tax evasion among Swiss banks hit Julius Baer which saw its shares fall 4.7%

 Volatile banks push Europe higher 

Friday, February 3, 2012
Rapid gains for Société Générale and Crédit Agricole helped the FTSE Eurofirst rise for the fourth consecutive session on Friday

 Regulators probe sale of Mecom’s Norway business 

Friday, February 3, 2012
Norwegian Media Authority says deal breaches antitrust laws because vendor would monopolise circulation in certain regions

 Spain caps senior pay at bailed-out banks 

Friday, February 3, 2012
Executives limited to €600,000 a year, in some cases cutting bankers’ income by three-quarters

 Growing pains for industry in a hurry 

Friday, February 3, 2012
A raft of challenges made 2011 the toughest year yet for providers

 Weak corporate results hit European stocks 

Thursday, February 2, 2012
Weak corporate results weigh on European equities as expectations of a breakthrough on Greek debt stymie trading

 Shell outlines aggressive growth strategy 

Thursday, February 2, 2012
Europe’s largest oil company by market capitalisation promises a dividend rise as it announces plans to shift focus away from shale gas

 US stocks rebound on solid manufacturing data 

Wednesday, February 1, 2012
Wall Street was back in tune with global markets on Wednesday, as stocks opened higher after a rash of positive global manufacturing survey data