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A trader standing in front of an index board at the stock exchange in Frankfurt in March 2008. European stock markets fell sharply as record high crude prices above 125 dollars per barrel hurt oil-exposed airlines and heightened concerns about inflation and rising costs

European equities sapped by runaway oil prices

AFP - 2 hours 7 minutes ago

LONDON (AFP) - European stock markets fell sharply on Friday as record high crude prices above 125 dollars per barrel hurt oil-exposed airlines and heightened concerns about inflation and rising costs, dealers said. More »

  • Reluctant banks put BAA bondholder talks in doubt

    Reuters - 2 hours 51 minutes ago

    MADRID (Reuters) - BAA has not signed up enough banks to a debt renegotiation and may not be able to start talks with bondholders in coming weeks as it had planned, it said on Friday. More »

  • ECB keeps interest rates at 4 percent

    Reuters - Thursday, May 8 01:00 pm

    ATHENS (Reuters) - The European Central Bank kept benchmark interest rates unchanged at 4.0 percent on Thursday, as expected, as policymakers weigh the risk of high inflation against concerns about euro zone economic growth. More »

  • ECB seen holding rates in prices vs GDP face-off

    Reuters - Thursday, May 8 12:33 pm

    ATHENS (Reuters) - The European Central Bank is expected to keep interest rates on hold at 4 percent on Thursday with persistently high inflation facing off against mounting signs of slowing economic growth in the 15-nation region. More »

  • Oil at new high as U.S. stocks slump

    Reuters - Wednesday, May 7 06:18 pm

    NEW YORK (Reuters) - Oil jumped to a record high for a third straight day on Wednesday, stoking inflation fears, while U.S. stocks fell as financial shares declined, even as European shares notched their highest close since mid-January. More »

  • Signs abound of growing investor confidence

    Reuters - Wednesday, May 7 12:46 pm

    LONDON (Reuters) - Gains on world stock markets and among riskier assets such as credit are being underpinned by a growing optimism that has investors looking beyond the market turmoil triggered by the subprime debt crisis. More »

  • Pound seen staying under $2 as rate cuts loom

    Reuters - Wednesday, May 7 11:56 am

    LONDON (Reuters) - The pound will remain well under the $2 mark for the next 12 months as cable's value is hit by a slowing economy and expectations for further interest rate cuts, a Reuters poll showed. More »

  • Lloyds TSB says capital ratios "robust"

    Reuters - Tuesday, May 6 08:22 am

    LONDON (Reuters) - Lloyds TSB brushed off concerns it could follow its peers and tap shareholders for cash, saying on Tuesday it was comfortable with its capital position and had sufficient capital to meet organic growth aims. More »

  • A Chinese investor walks in front of a price board at a security firm in Beijing on May 5. Chinese stock markets are bracing for fresh pressure when new shares become freely tradable

    China's markets brace for massive share inflow: report

    AFP - Tuesday, May 6 06:11 am

    SHANGHAI (AFP) - Chinese stock markets are bracing for fresh pressure in May when a massive number of new shares will become freely tradable after being locked up under local regulations, state media said on Tuesday. More »

  • Picture of the logo the EADS Socata company. Shares in European aerospace giant EADS fell sharply on Monday after reports that its Airbus unit faces more production delays on its A380 super jumbo, the world's largest passenger aircraft.

    EADS shares fall sharply after report of more A380 problems

    AFP - Monday, May 5 05:42 pm

    PARIS (AFP) - Shares in European aerospace giant EADS fell sharply on Monday after reports that its Airbus unit faces more production delays on its A380 super jumbo, the world's largest passenger aircraft. More »

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