CNBC's anchors discuss the French telecom company's venture into banking and its first-quarter results. » Read More
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.
1st paragraph of story should go here
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.
European equities are set to start weaker on Tuesday, extending the previous session's losses as markets track sharp falls on Wall Street which was hit by credit worries.
France's Areva on Monday clinched the biggest commercial nuclear power contract on record, agreeing to sell China two reactors and to provide atomic fuel for nearly two decades in a deal worth far more than expected.
European equities were expected to gain ground on Monday, adding to a two-session recovery as investors continue to look for bargains following a selloff in the first three weeks of November.
European stocks rose for a second session in a row on Friday, as mergers and acquisitions talk prompted investors to scoop up recently battered financials and mining shares.
European shares ended in positive territory on Thursday, driven higher by pharmaceuticals after a broker upgrade of the sector, while flat commodity prices weighed on shares of mining and energy companies.
Shares in French bank Natixis soared 17 percent Thursday after its main shareholders announced they would inject $1.5 billion (1 billion euros) into the company's bond insurance unit.
The strength of the euro, at a record high versus the dollar, is becoming a problem for Europe's exporters, the president of the European Commission said on Thursday.
European shares fell sharply on Wednesday as fresh concern about the fallout of a credit crunch hit banks, while the record high euro dragged down shares of major exporters.
Long-awaited negotiations with striking transit workers began Wednesday, the eighth full day of a walkout that has paralyzed train traffic throughout France.
French President Nicolas Sarkozy urged transport workers on Tuesday to end a seven-day national strike over pension reform and give negotiations a chance.
Gains in energy shares helped European equities end more than 1 percent higher on Tuesday, paring the previous session's 2 percent fall.