Italy
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Italy's fiscal deficit narrowed in the final quarter of 2012 to 1.4 percent of gross domestic product, compared with 2.6 percent in the same period of 2011.
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LONDON, April 4- European shares were flat on Thursday, held back from a more bearish reaction to weak economic data by hopes of some reassurance from the European Central Bank later in the session.
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Nicholas Spiro, managing director at Spiro Sovereign Strategy, tells CNBC that markets are much more ambivalent to political machinations than two years ago.
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CNBC's Kelly Evans reports European shares were mixed ahead of policy decisions by the European Central Bank and the Bank of England.
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LONDON, April 4- The yen sank across the board on Thursday after the Bank of Japan unveiled a set of bold easing measures, while weak euro zone business data piled pressure on the single currency before a European Central Bank meeting.
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Valentijn Van Nieuwenhuijzen, head of strategy at ING Investment Management, tells CNBC that the ECB's OMT is a 'very powerful force' driving 'surprising resilience' in peripheral bond markets.
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Alasdair Warren, head of European equity capital at Goldman Sachs, tells CNBC that Moleskine's difficult start shouldn't scare off other potential IPOs just yet, as they chose a tough market day to debut.
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*Downturn in France now deeper than that of Italy, Spain. LONDON, April 4- The euro zone's economic decline dragged on unabated in March, marked by a huge drop in French business activity that outstripped even the downturns in Spain and Italy, a survey showed on Thursday.
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FRANKFURT, April 4- The European Central Bank is expected to keep interest rates unchanged on Thursday but investors will be looking for any signs it is preparing for a cut in coming months to help lift the euro zone out of recession.
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Italy's caretaker government announced on Wednesday it was delaying approval of a decree to pay back some 40 billion euros of state debts to private firms.
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LONDON, April 4- Hedge funds set up to profit from huge market slides are falling out of favour, signalling that investors are increasingly confident leading central banks can avert the kind of meltdown that followed the Lehman Brothers' collapse.
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FRANKFURT, April 4- The European Central Bank is expected to hold interest rates on Thursday but investors will be looking for any signs it is preparing for a cut in coming months to help lift the euro zone out of recession.
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News the Pentagon was sending a missile defense system to Guam in the coming weeks, with U.S. Defense Secretary Chuck Hagel citing a "real and clear" danger from North Korea, added to investor caution. North Korea, meanwhile, said it had "ratified" a merciless attack against the United States, potentially involving a "diversified nuclear strike".
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NEW YORK, April 3- The dollar dropped against the yen and the euro on Wednesday after reports showed unexpectedly low job gains in the U.S. private and slower growth in the service sector last month, raising fears about recovery in the world's largest economy.
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*Oil slides about 3 percent as U.S. stockpiles swell. NEW YORK, April 3- Major stock markets and the dollar fell on Wednesday after unexpectedly weak growth in U.S. private-sector jobs and services dented optimism about the world's largest economy.
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But with persistent recession across Europe and high levels of youth unemployment and long-term joblessness, signs that growth is picking up may offer little cheer.
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April 3- Jim O'Neill, head of Goldman Sachs Asset Management, thinks Beppe Grillo and his Five Star Movement is a greater threat to Europe and the euro than the trials of little Cyprus.
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*U.S., European stocks decline, oil slides below $109. NEW YORK, April 3- Major stock markets and the U.S. dollar fell on Wednesday after unexpectedly weak growth in U.S. private-sector jobs and services dented optimism about the world's largest economy, while investors awaited central bank policy meetings in the euro zone and Japan.
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NEW YORK, April 3- Major stock markets and the U.S. dollar fell on Wednesday after weaker-than-expected growth in U.S. private-sector jobs and services dented some optimism about the world's largest economy, while investors awaited policy meetings by central banks in the euro zone and Japan.
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ROME, April 3- Italy's caretaker government announced on Wednesday it was delaying approval of a decree to pay back some 40 billion euros of state debts to private firms.
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DEAD SEA, Jordan, April 3- After midnight on one of Jordan's busiest highways, only the beaming headlights of vehicles driving between the capital Amman and the Dead Sea pierce the gloom. The highway is lined with street lights as it weaves down from Amman to the valley floor below sea level, but none are switched on.