MILAN/ PARIS, July 4- Late on May 23, Italian financier Andrea Bonomi phoned executives at his country's two largest banks seeking more than 200 million euros in loans to help him bid for French holiday resort company Club Mediterranee.
*Crude oil up on rising Ukraine tensions. NEW YORK, May 12- Global equity markets surged on Monday, with the Dow industrials and S&P 500 hitting record closing highs, as Wall Street advanced in a broad rally spurred Prices of U.S.
*Crude oil up on rising Ukraine tensions. NEW YORK, May 12- Global equity markets surged on Monday, with the Dow industrials hitting a record high as stocks advanced in a broad rally spurred by strong corporate results and an improving economic outlook.
LONDON, May 12- European shares hit six-year highs on Monday, lifted by strong results from Italian companies including the country's largest bank, UniCredit, and by mergers& acquisition activity.
LONDON, May 12- European shares scaled six-year highs on Monday, led by Italian companies after strong results from the country's biggest bank, UniCredit, among other firms.
European shares closed lower on Wednesday, as riskier assets were shunned by investors on concerns about a possible military strike on Syria.
European shares finished lower Monday, after comments from the head of the Eurogroup who said a Cyprus bailout deal could be a new template for resolving euro zone banking problems.
European shares rose on Thursday, resuming the two-week rally that has propelled indexes to multi-year highs.
The Bank of Italy told Italian banks to further hike provisions they set aside against bad debts to take into account the worsening economic scenario and asked lenders which posted losses not to distribute dividends or bonuses.
European shares inched up on Friday, as investors took advantage of the past two sessions' losses to snap up equities more cheaply, reassured by a run of solid data from China, Europe and the United States.
European shares closed higher on Monday, but Italian shares closed firmly in the red after political uncertainty surfaced, with Prime Minister Mario Monti announcing he will step down before his term ends.