European shares hit 11-week low after ECB minutes; Reckitt, Sodexo weigh

By Danilo Masoni and Kit Rees LONDON/MILAN, Jul 6 : European shares fell on Thursday to their lowest in 11 weeks after minutes from the ECB’S latest meeting showed the central bank had left the door open to scrapping its bond-buying pledge. The pan-European STOXX 600 ended the session 0.7 percent lower, recovering some of […]

European shares hit 11-week low after ECB minutes; Reckitt, Sodexo weigh

By Danilo Masoni and Kit Rees LONDON/MILAN, Jul 6 : European shares fell on Thursday to their lowest in 11 weeks after minutes from the ECB’S latest meeting showed the central bank had left the door open to scrapping its bond-buying pledge. The pan-European STOXX 600 had fallen 1.1 percent by 1204 GMT, with all […]

U.S. thirst for European gasoline stalls, casting shadow on demand

By Libby George LONDON, Jun 29 : Europe’s steady exports of gasoline to the United States have slowed substantially this year as tanks filled in the world’s largest consumer nation and once-meteoric demand growth slowed. The drop in gasoline shipments to the densely populated U.S. East Coast is forcing European exporters to turn to less […]

European shares hit reverse as Schaeffler slump drags down autos

By Kit Rees LONDON, Jun 27 : European shares fell on Tuesday as a drop in auto stocks after Germany’s Schaeffler cut its profit outlook and disappointment over a failed buyout of Stada offset gains among basic resources firms and Spain’s Bankia. The pan-European STOXX 600 index was down 0.8 percent, as were blue chips, […]

A year after Brexit vote, European and UK shares diverge

By Kit Rees LONDON, Jun 23 : Another wobble in commodity-related shares saw British blue chips extend their underperformance against continental European peers on Friday, a year on from Britain’s vote to leave the European Union. Britain’s FTSE 100 fell 0.3 percent to 7,413.33 points, weighed down by weakness in mining and oil stocks, as […]