Archive Europe Markets

  • TOKYO, May 21- Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China's Huawei, although fears of a further escalation in tensions kept investors on edge. The blue-chip CSI300 index rose 1.0%, a day after it fell to a three-month intraday low as Washington allowed Huawei Technologies Co Ltd to...

  • *FTSE 100 down 0.5%; FTSE 250 down 0.8%. *Coca Cola HBC biggest FTSE 100 faller. The FTSE 100 gave up 0.5% and the mid-cap index was 0.8% lower.

  • Chancellor Sebastian Kurz pulled the plug on his coalition with the far-right Freedom Party on Saturday after its leader Heinz-Christian Strache, Austria's vice-chancellor, was caught on video offering to fix state contracts with a woman posing as a Russian oligarch's niece. "Now right-wing parties are coming under pressure and Austria's tax policies...

  • NEW YORK, May 20- Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, while the dollar was steady before this week's Federal Reserve meeting. Asian shares managed to reverse some of last week's losses after Washington said it would lift...

  • A Ryanair Boeing 737-800 aircraft parked at Eindhoven airport tarmac at night, in the Netherlands.

    Ryanair CEO Michael O'Leary also says he is confident that Boeing's grounded 737 Maxes will resume flights this summer.

  • *Budapest, Prague set multi-month lows. While Frankfurt's main stock index fell 1.8%, Prague shed 0.6%, Budapest 0.7% and Prague shed 0.6% and Warsaw 0.9% by 1300 GMT. Prague's main index touched a 3- and-1/2-month low, driven by a 4.3 percent decline in the stocks of Vienna- based Erste group after the bank paid out a dividend.

  • Ukraine's President Volodymyr Zelensky looks on during his inauguration ceremony at the parliament in Kiev on May 20, 2019.

    Ukraine's new President Volodymyr Zelenskiy took the oath of office on Monday and immediately announced he was dissolving parliament.

  • *China shares down after Washington blacklists Huawei. Samrat Dasgupta, a fund manager at Esquire Capital Investment Advisors warned that while a rally could be expected for the next few days, further upside- even if the outcome matches the polls- will be limited as people will wait to see what policies will be made by the new government as the economy passes...

  • May 20- A Ryanair profit warning pressured airline and travel stocks and chipmakers slid after Infineon halted shipments to Huawei as U.S.- China trade tensions kept a lid on the STOXX 600 at the open on Monday. The pan-European index was down 0.1% by 0735 GMT with most indices in the red after China struck a more aggressive tone in its trade war with the United...

  • May 20- Britain's main share index found support from oil majors on Monday after a signal from OPEC on sticking to production cuts, while weak results from Ryanair triggered a sell-off in airlines across the board. The FTSE 100 was flat by 0750 GMT, while the midcap index was fractionally lower. Providing the biggest boost to the blue-chip index were Shell and BP as...

  • Khalid Al-Falih, Saudi Arabia's energy and industry minister, arrives ahead of the 174th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Friday, June 22, 2018.

    Saudi Arabia's Energy Minister Khalid al-Falih told Reuters OPEC will not decide on output until late June when the group is due to meet.

  • *Trade talks between U.S. and China have stalled- CNBC. Geopolitical concerns also deepened on news that talks regarding Britain's split with the European Union had faltered, putting pressure on the British pound. "Markets are priced so close to perfection that it really doesnt take very much of a wobble to any of the bull narratives to catalyze moves in the market,...

  • *Bund yield falls towards its lowest since September 2017. LONDON, May 17- German bond yields fell back towards more than 2-1/ 2 year lows on Friday as the collapse of Brexit talks in Britain boosted higher-rated debt and worsened a mood among investors already nervous about trade tensions. Talks between Britain's two biggest parties over a Brexit deal collapsed,...

  • Iranian Foreign Minister Javad Zarif speaking at the Swiss Federal Institute of Technology in Lausanne, Switzerland in 2015.

    The Iranian foreign minister also called for economic relations between Iran and foreign powers to be normalized.

  • The forint led other Central European currencies lower as tough comments from China in its trade war with the United States fueled risk aversion in global markets. Budapest and Warsaw topped losses in regional stock indexes, shedding 0.8%. "This causes the forint fall," said Peter Virovacz, analyst at ING in Budapest.

  • *Bank raised 375 mln stg of capital on Thursday. LONDON, May 17- Metro Bank shares surged on Friday after it raised 375 million pounds to repair its balance sheet, giving the bank breathing space ahead of a potentially fractious annual meeting next Tuesday. The Bank of England welcomed the capital increase, saying the bank was "profitable and continues to have...

  • Prime Minister Theresa May and opposition Labour Party leader Jeremy Corbyn during the State Opening of Parliament on June 21, 2017 in London, United Kingdom.

    Hopes that the U.K.'s two largest political parties can hash out a Brexit agreement have ended.

  • LONDON, May 17- Germany's 10- year bond yield fell back towards 2-1/ 2 year lows on Friday, while French and Spanish yields were set for their biggest weekly drops in two months as fears over trade, global growth and Italy boosted higher-rated debt markets. An escalation in trade tensions between the United States and China, the world's two biggest economies, has...

  • Visitors pass a giant model of a luxury A. Lange & Soehne wristwatch, manufactured by Lange Uhren GmbH, a watchmaking unit of Cie. Financiere Richemont SA.

    Luxury goods group Richemont said sales of its watches and jewelry both grew by 10% in the year to the end of March, with the Americas and Asia performing well.

  • An EasyJet Airbus A320 aircraft is seen at Malpensa Airport near Milan, Italy, October 3, 2018.

    British budget airline easyJet warned of a worsening trading environment on Friday.