Spanish banks sink on Catalan vote, European shares gain

By Helen Reid LONDON, Oct 2 : Spanish stocks sank on Monday after a violent referendum in Catalonia, underperforming the wider European market as political uncertainty dented bank shares. The pan-European STOXX 600 began the fourth quarter with a 0.2 percent gain, boosted by strong travel stocks and a mining sector supported by higher metals […]

Rescued migrants say lucky to dodge Libyan coastal clampdown

By Antonio Denti ABOARD AQUARIUS RESCUE SHIP, Sept 19 : Migrants rescued in the Mediterranean last week said they had been lucky to dodge increased sea and police patrols along the Western coast of Libya that have dramatically reduced arrivals in Italy since July. Last month, Reuters reported that an armed group was stopping departures […]

Banks weigh on European shares as market focuses on ECB

By Danilo Masoni MILAN, Sept 7 : European shares inched lower on Thursday, with banks under pressure before a European Central Bank policy meeting that is expected to provide little detail on plans to cut monetary stimulus. A fifth day of gains in auto stocks, however, helped German shares hit their highest level in two […]

EU court says Eastern states cannot refuse to take refugees

By Michele Sinner LUXEMBOURG, Sept 6 : The European Union’s top court roundly dismissed complaints on Wednesday by Slovakia and Hungary about EU migration policy, upholding Brussels’ right to force member states to take in asylum seekers. In the latest twist to a divisive dispute that broke out two years ago when over a million […]

North Korea tensions send European shares to six-month low

By Helen Reid and Danilo Masoni LONDON, Aug 29 : Rising geopolitical tensions sent European shares to their lowest in six months on Tuesday after a missile launch by North Korea sent jitters through Asian trading. The pan-European STOXX 600 fell 1 percent, firmly on track to make August its third month in a row […]

Miners bolster European shares, Provident Financial plummets

By Kit Rees LONDON, Aug 22 : A flurry of results for heavyweight mining stocks and a dramatic plunge in Provident Financial’s shares injected some energy into European shares on Tuesday, with the region’s benchmark set to break a three-day losing streak in a typically sleepy month for market activity. The pan-European STOXX 600 rose […]