Archive Europe Markets

  • *Iran calls incidents "suspicious", urges dialogue. DUBAI/ WASHINGTON, June 13- Two oil tankers were attacked on Thursday and left adrift in the Gulf of Oman, driving up oil prices and stoking fears of a new confrontation between Iran and the United States, which blamed Tehran for the incident. Tensions between Iran and the United States, along with its allies...

  • *Twitter drops as Moffett Nathanson sees rising costs. June 13- U.S. stocks continued to gain on Thursday after two days of declines, as energy shares turned attractive after oil prices rose sharply on concerns of supply disruption following suspected attacks on two tankers in the Gulf of Oman. "Chevron and Exxon Mobil were two of the session's better performers,...

  • June 13- Gains for metal and mining companies helped European stocks end slightly higher on Thursday, with concerns over an attack on tankers in the Gulf of Oman and continuing U.S.- China trade tensions sapping early enthusiasm among investors. Italy's FTSE MIB and Germany's DAX index outperformed with a 0.8% and 0.4% rise respectively, while Britain's FTSE...

  • June 13- U.S. stocks continued their climb on Thursday after two days of declines as energy shares gained on higher oil prices following suspected attacks on two tankers in the Gulf of Oman. Crude prices rose as much as 4%, a day after hitting five-month lows, as the attacks near Iran and the Strait of Hormuz, through which a fifth of global oil consumption passes,...

  • *Bond yields plunge; Japan at 3- year low, Australia at record. LONDON, June 13- Suspected attacks on two tankers off the coast of Iran saw oil markets erupt out of their recent slump on Thursday and kept traders gobbling up ultra-safe government bonds, gold and the Japanese yen. Brent surged as much 4% after reports of the attacks added to the already-heightened...

  • June 13- European shares dipped on Thursday, tracking Asian markets lower after more violent protests in Hong Kong and weighed down by doubts over the United States and China's ability to reach a trade deal any time soon. Germany's final inflation reading for May came in line with estimates on Thursday. Europe's telecom providers index bucked the trend to gain...

  • An oil tanker is seen after it was attacked at the Gulf of Oman, June 13, 2019.

    Attacks near the world's busiest sea lane for oil shipments come amid escalating tensions between Iran and the United States and its Gulf allies.

  • *Trump holding up China deal, talks down Fed rates and dollar. LONDON, June 12- World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while a barely visible rise in U.S. inflation kept up talk of an early cut in interest rates there. London's FTSE, the DAX in Frankfurt and CAC40 in Paris fell...

  • The warning highlighted the challenges dogging the tobacco industry as smokers, particularly in the United States, turn to less harmful alternatives such as e-cigarettes and vaping products. The stock, which had gained roughly one-fifth in value this year, lost almost 5 percent and sank to the bottom of Britain's blue-chip index, on course for its worst day in...

  • A screen shows the trajectory of the pound ahead of the U.K. parliament Brexit deal vote as a trader monitors financial data on computer screens.

    Investors are concerned the next prime minister could put Britain on course for a no-deal divorce with the European Union.

  • *Spain gets 20 blns euros of interest for 10- yr. Demand for the sale was strong even though the European Union is expected to take disciplinary action against Rome over the country's growing debt. "Right now, the carry and the ECB monetary easing is cancelling out the negative headlines," said DZ Bank strategist Daniel Lenz.

  • *Currencies fall in profit-taking after rally. *Romania's May inflation is higher than expected. BUDAPEST, June 12- Central European currencies and stocks mostly fell as risk aversion increased amid the threat of the U.S.- China trade war and the approach of U.S. inflation data.

  • President Donald Trump holds up a trade deal with China. June 12- Emerging-market stocks fell on Wednesday after reaching their highest in nearly a month on Tuesday, as fears grew that the U.S.- China trade war would intensify. "We don't expect the CBRT to surprise at today's MPC meeting, we think the benchmark one-week repo rate will remain unchanged at 24%,"...

  • At 0801 GMT, Adidas shares were down 2% at 256.9 euros and lagging the broader DAX index, which was down 0.3%. GBL, founded by Belgium's richest man Albert Frere, who died in December at the age of 92, first invested in Adidas in 2015 with the purchase of a 3% stake. GBL also holds stakes in some of Europe's biggest companies, including Pernod Ricard, LafargeHolcim and...

  • *FTSE 100 down 0.3%, FTSE 250 down 0.2%. June 12- London's main stock market index eased on Wednesday as the latest exchange of blows between Washington and Beijing kept investors on edge about the risks to global growth, while small-cap car dealership chain Pendragon sank after a profit alert. The FTSE 100 retreated from a seven-day winning streak to fall 0.3%...

  • Coinbase launched its own debit card in an effort to promote the use of cryptocurrencies in payments as well as investing.

    Digital currency exchange Coinbase announced Wednesday its Visa debit card will launch in Europe after debuting in the U.K. in April.

  • *Wall Street unchanged, after Europe, China end higher. NEW YORK, June 11- Wall Street's indexes ended Tuesday's session virtually unchanged after investors turned their focus to U.S.- China trade tensions as euphoria from Friday's U.S.- Mexico deal faded. But the mood soured later in the day after Trump said had no interest in moving ahead with a U.S.- China...

  • *Madrid's bank-heavy stock index the only laggard. President Donald Trump's decision last week to hold off on imposing import tariffs on Mexico which sparked a relief rally across markets on Monday. Shares in industrial conglomerate ThyssenKrupp, which generates about $1 billion euros in Mexico, jumped 4.8% to the top of the DAX index.

  • *FTSE 100 up 0.3%, FTSE 250 up 0.1%. June 11- Mining stocks led London's main index higher on Tuesday after Beijing took steps to increase local government spending and boost China's economy, while fashion retailer Ted Baker slumped after a profit warning. Troubles on Britain's high street were reflected on the small- and mid-cap indexes, with Ted Baker falling...

  • *Wall Street follows Europe, China higher. NEW YORK, June 11- Stock indexes around the world gained on Tuesday as investors piled into riskier assets as they bet on Federal Reserve interest rate cuts and that a U.S.- China trade agreement could follow the U.S.- Mexico deal. While some investors were still jumping into a rally sparked by a U.S.- Mexico trade and...