European equities closed higher on Friday after a choppy end to trading in July, as investors eyed key earnings and data from the U.S., and slipping commodity prices.» Read More
REYKJAVIK, April 2- After more than six long and lonely years, Iceland is hoping its financial isolation will soon be over. For Iceland, these moves will signal rehabilitation and a return to the international financial community after the collapse of a banking system which at one time held assets worth a staggering ten times the nation's gross domestic product.
PARIS/ LONDON, March 31- European shares fell on Tuesday, taking a breather from their sharp rally of the past three months sparked by the drop in the euro, with Germany's DAX index set to record its biggest first-quarter gain since its creation in mid-1988. "Quantitative easing in Europe has been the surprising positive in the first quarter, thanks to its huge size...
*A.P. MOLLER-MAERSK down 10 pct on dividend pay. LONDON, March 31- European shares extended gains on Tuesday and headed for their best quarterly performance in several years, with Kingfisher leading the market higher after announcing it planned to sell about 60 B&Q stores in Britain. Shares in Europe's biggest home-improvement retailer were up nearly 5 percent...
DUBLIN, March 31- Canada's Fairfax Financial Holdings has sold half of its 5.8 percent stake in Bank of Ireland for more than triple what it paid for it in 2011, a source with knowledge of the deal said, pushing the share price down 6 percent. Bank of Ireland shares were down 6 percent at 36.2 euro cents at 0725 GMT following the sale, which was managed by Deutsche Bank.
*Airbus surges after posting sharp rise in operating profits. LONDON/ PARIS, Feb 27- European shares rose on Friday, building on their best start to the year since regional benchmarks began in late 1986, to close at seven-year highs, supported by encouraging earnings reports. Shares in Airbus were up 7.2 percent after it posted a rise in operating earnings and...
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European shares closed mixed on Friday, with Italian banking stocks and the health care sector weighing on wider benchmarks.
Europe's banking health check has shown countries and lenders are implementing global capital rules at vastly different speeds.
Thousands rallied against new water bills in Dublin on Saturday in Ireland's biggest anti-austerity protest in years.
European shares closed higher on Friday after they were buoyed by better-than-expected nonfarm payrolls data from the U.S.
European shares reaccelerated losses on Friday afternoon to close the week lower, despite a weak employment report from the U.S.
Bank of Ireland has made a profit for the first time since the Irish property market collapsed ignominiously in 2008.
Richie Boucher, CEO of Bank of Ireland, says valuations of assets in the Irish economy have not gone too far and a recovery in the country is underway.
Michael Aronstein of MainStay Marketfield Fund criticized Fed policy but said he had increased stock exposure.
U.S. billionaire Wilbur Ross praises Greece, Spain and Ireland, but warned it was still too early to invest in Italy.
European shares closed mixed on Tuesday, after the German benchmark DAX hit an all-time high.
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Rossa White, chief economist at NTMA, discusses the turnaround in the Irish economy.
Ireland's Taoiseach Enda Kenny, says the country has regained credibility with investors as bond yields have dropped dramatically.
Wilbur Ross says there is continued opportunity in Europe's financial sector.