European shares ended the week lower after euro zone leaders imposed further conditions on Greece to receive its next rescue package and the country's far-right leader said he could not vote in favor of the bailout deal.
European shares closed in the green but off their session highs, as Wall Street was broadly flat, with enthusiasm over a deal in Greece on new austerity measures waning.
More than a dozen traders and brokers in London and Asia have been fired, suspended or put on leave by their employers as a multinational probe into alleged manipulation of crucial global lending rates accelerates, the Financial Times reports.
European shares closed mixed as positive investor sentiment on Greece was tempered by repeated delays in starting Wednesday's meeting on reform measures.
European shares turned mixed after Wall Street stocks rose, with investor sentiment worldwide affected as Greek leaders face crunch talks to secure a fresh bailout package and avoid a messy default.
Tuesday, 7 Feb 2012 | Posted By:
| Source: CNBC.com
European shares were seen opening flat Tuesday as crucial talks between Greece and its international lenders continue for another day, tempering gains in Asian indices overnight.
European shares fell back from a six-month high on Monday, with investors worried about whether Greece can avoid a messy default as its politicians struggle to agree austerity measures needed to secure a bailout package.
European shares made their highest weekly gain since late December on Friday, surging past a resistance level, after forecast beating US jobs data raised optimism about an economic recovery, which could boost company earnings.
Friday, 3 Feb 2012 | Posted By:
| Source: CNBC.com
European stocks were called to open flat to lower on Friday after hitting six month closing high on Thursday and ahead of non-farm payrolls data from the US due on Friday.
European shares stays higher as Wall Street rises in early trade after U.S. new claims for unemployment benefits fall more-than-expected, boosting investor optimism that Friday's non-farm payroll report would also show signs of recovery in the job market.
European shares closed at new six-month highs on Wednesday, with expectations that a Greek debt swap deal will be agreed upon this week, boosting banking stocks, while etter-than-expected Chinese manufacturing data supported mining companies.