The UK government's response reflected heightened concerns that the commission will be an awkward negotiating partner, the FT reports. » Read More
Several top central banks including the Federal Reserve and the European Central Bank announced plans to address elevated pressures in short-term funding markets.
European stocks were seen opening slightly higher on Tuesday, tracking gains in the United States and Asia ahead of a rate decision by the Federal Reserve.
Societe Generale, France's second-biggest listed bank, said on Monday it would consolidate its PACE structured investment vehicle (SIV) due to tough market conditions and would refinance it.
European stocks were seen edging lower on Monday, snapping a three-session winning run as hopes of a bold U.S. interest rate cut on Tuesday faded following slightly stronger-than-expected monthly jobs data.
European shares looked set to open higher Friday, mirroring gains in U.S. and Asian markets as a mortgage assistance plan for troubled U.S. homeowners restored investors' confidence.
European shares are expected to stage a modest rally on Thursday ahead of two key central bank decisions and after a strong performance on U.S. and Asian markets.
European shares gained 1.7 percent on Wednesday, snapping a two-day losing streak as banks and commodity stocks rose and a series of U.S. data releases soothed some concerns over the outlook for economic growth.
European stocks were set to bounce back on Wednesday after a two-session drop, as investors shrug off economic concerns and fresh worries over the credit crisis that had hit U.S. shares overnight.
European shares are set to open slightly lower on Tuesday, tracking U.S. and Asian markets, with the focus on an investor update from top cellphone maker Nokia.
Shares of French state-owned power provider Electricite de France went on sale Monday as the government seeks to raise about $7.4 billion to fund the nation's university system.
Euro zone factory output growth crept up in November from October's 26-month low, but is unlikely to regain its summer momentum soon, pointing to interest rates remaining on hold, a key survey showed on Monday.
European stocks were seen edging down on Monday, taking a breather after a strong three-session rally, as investors turn cautious ahead of interest rate decisions by both the Bank of England and the European Central Bank as well as key U.S. jobs figures expected later in the week.
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European shares were seen opening higher on Friday, boosted by the prospect of a U.S. interest rate cut after the Federal Reserve said overnight that it would have to be "exceptionally alert" after a resurgence in financial strains had dimmed the outlook for the economy.
European stocks ended higher Thursday, following a fairly mixed session, as investors took confidence from a Federal-Reserve-induced rally in the previous U.S. trading day. But, cautionary comments by the Bank of England's Monetary Policy Committee members dragged many British banks into the red.
European shares are seen ticking up on Thursday to extend their sharp gains from the previous session as acquisition talk in financials and prospects of another U.S. rate cut boost global equities.
European shares jumped 2.6 percent on Wednesday, driven by a rally in recently beaten-down banks and tracking strong gains across the Atlantic, where hopes of a U.S. rate cut buoyed equities.
The euro's rise against the yuan is largely a reflection of a sharp drop in the dollar, and the European Union should look to Washington to resolve the problem, Chinese Premier Wen Jiabao said on Wednesday.
European shares were seen edging higher on Wednesday, reversing a two-session drop as recently battered banking shares continue to recover, tracking a rise by their U.S. peers on Wall Street overnight.
French drinks company Remy Cointreau said Tuesday that first-half profit almost halved after booking one-time gains in the previous year from asset sales.