The EU has stalled a controversial trade case against Chinese telecommunications companies, defusing a row with Beijing on the eve of premier Wen Jiabao’s last summit with European leaders. The FT reports.
European shares advanced on Wednesday, led by autos, as the Bank of Japan became the latest central bank to launch fresh stimulus to boost its economy.
European shares fell on Tuesday as uncertainty about a potential Spanish sovereign bailout kept the country's debt yields high and prompted investors to continue booking profits on a stellar two-month run for euro zone banks.