Chinese vice commerce minister said Monday that Beijing would like the U.S. to cancel "inappropriate" actions against Chinese companies.China Economyread more
Sixteen Asia Pacific countries have been negotiating the Regional Comprehensive Economic Partnership since 2013, with India's reluctance to open up its markets a major...Asia Economyread more
The secretary of State said he was traveling to Saudi Arabia and the United Arab Emirates to make sure that the U.S. is "strategically aligned" with its allies.Politicsread more
Experts say Facebook's cryptocurrency project Libra has been a catalyst for the price of bitcoin going higher.Technologyread more
Goldman Sachs helped state firm 1MDB to raise $6.5 billion in 2012 and 2013, and collected higher-than-typical fees of $600 million for the deals.Financeread more
Value investing has become increasingly irrelevant thanks to central banks and technology, according to AB Bernstein.Investingread more
Indonesian Trade Minister Enggartiasto Lukita said all 16 countries negotiating a mega Asia-Pacific trade agreement should remain in the framework.World Economyread more
Stocks in Asia Pacific traded mixed on Monday afternoon, while oil prices continued to rise as tensions between the U.S. and Iran lingered after the latter shot down an...Asia Marketsread more
His comments come after a series of rapid escalations between Washington and Tehran.World Politicsread more
The U.S. is provoking Iran and growing risks of miscalculation could lead to a "world war," according to Malaysia's Prime Minister Mahathir Mohamad.World Politicsread more
Trump's comments come after he called off strikes against the Islamic Republic this week over concerns that a military response would kill scores of people.Politicsread more
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LONDON, Feb 14 (Reuters) - Optimism about U.S.-China trade talks, strong results from Nestle, AstraZeneca and Airbus helped European shares extend their winning streak to hit their highest in three months on Thursday.
The pan-European STOXX 600 was up 0.5 percent at 0840 GMT, with Paris' CAC 40 up 0.7 percent, and London's FTSE 100 up 0.3 percent.
Frankfurt's trade-sensitive DAX was up 0.4 percent, as investors breathed relief that the euro zone's largest economy escaped recession towards the end of last year. Euro-zone GDP data will be released at 0900 GMT.
The pan-European index was on track for its best weekly performance since early November.
European industrial and consumer staple heavyweights stole the show on Thursday: Airbus delivered better-than-expected results, taking some of the sting away from the news that Europe's largest aerospace group has abandoned its flagship A380 programme. Its shares jumped 5 percent to levels just shy of its record set last July.
AstraZeneca's fourth quarter topped sales forecasts and the British drugmaker forecast another year of growth, sending its shares up more than 4 percent. They were on track for their best day since July last year.
Nestle, the world's top food and drinks maker, soared to all-time highs after giving an upbeat outlook for the year ahead on an improving outlook in China and North America. (Reporting by Josephine Mason; editing by Danilo Masoni)