Dec 31, 2012 8:59 AM ET
The European indexes traded sideways on U.S. fiscal cliff worries. French reject higher tax proposals. The UK housing equity withdrawal was £8 billion in the third quarter. BG Group secured a $1.8 billion loan from U.S. Ex-Im Bank.
Dec 28, 2012 5:19 PM ET
U.S. indexes extended losses for the fifth day in a row as fiscal cliff is away three days. Market indexes dropped 1% as lawmakers gather for one last time to narrow budget differences. Crude oil price gained and base metal prices inched higher.
Dec 28, 2012 12:14 PM ET
UK store visits on Boxing Day barely increased 0.6%. French economic growth in the third quarter was lowered to 0.1%. Unemployed persons in France increased in November. Italy completed €3 billion sale of bonds after placing more than €10 billion of bonds a day ago.
Dec 28, 2012 11:58 AM ET
European markets traded lower on the worries that the U.S. lawmakers are likely to miss a deadline to settle budget differences. Market indexes in Paris fell 1.4% and in Frankfurt declined 0.6%. Trading volume in the region fell sharply in the session.
Dec 28, 2012 11:47 AM ET
Atari, the struggling game maker declined after it estimated fiscal year loss. Bankia, troubled Spanish bank, plunged 22% after it was removed the Spanish benchmark IBEX 35. Belgium based KBC Groep NV agreed to sell its stake in a bank in Slovenia. Vinci SA acquired Portugal controlled ANA.
Dec 27, 2012 12:57 PM ET
Thomas Cook extends gains on better than expected 2012 revenues. Resource stocks gained in London trading after metals prices trade higher. Bankia plunged 19% after parent company was estimated with negative book value.
Dec 27, 2012 12:54 PM ET
European markets traded higher and DAX index in Germany is set to lead the regional advance with a surge of 30%. BMW is expected to exceed 2011 profit and Audi unit of Volkswagen plans to spend €13 billion in new products development and manufacturing expansion.
Dec 24, 2012 9:10 AM ET
The European indexes declined in thin trading volume. KBC decided to sell its Russian banking subsidiary, Absolut Bank for €300 million. ITV agreed to acquire a 61.5% stake in Gurney Productions for $40 million.
Dec 21, 2012 8:53 AM ET
The European indexes declined. General Electric agreed to buy the aviation business of Italy-based Avio for $4.3 billion. ING agreed to sell Malaysian investment management business to Kenanga.
Dec 21, 2012 8:50 AM ET
The euro zone economy expanded in November. German consumer sentiment is set to decline in January. Italian consumer confidence and French business confidence improved in December.