European shares hurt by weak earnings, but Syngenta surges on deal

By Sudip Kar-Gupta LONDON, Feb 3 : European shares fell on Wednesday as weak earnings from some leading companies weighed on markets, although Syngenta surged after ChemChina agreed a bid for the Swiss seeds and pesticides group. The pan-European FTSEurofirst 300 index, which slid 2 percent on Tuesday, was down by 0.8 percent by 1043 […]

European shares led lower by BP and UBS

By Atul Prakash LONDON, Feb 2 : European equities fell sharply on Tuesday as crude oil prices slipped again on oversupply concerns and companies such as oil major BP disappointed on the earnings front. Swiss bank UBS also slumped, down 7.8 percent, after reporting a surprise outflow of funds from its flagship wealth management business, […]

European shares steady as firmer banks offset weaker telecoms

By Sudip Kar-Gupta LONDON, Feb 1 : European stock markets were steady on Monday, as a rise in the shares of major banks such as Bankia offset a fall in the telecoms sector after Nokia settled a dispute with Samsung. The pan-European FTSEurofirst 300 index, whose 6 percent fall in January was its worst monthly […]

Top US official to meet EU antitrust team on tax

By Foo Yun Chee BRUSSELS, Jan 29 : A senior U.S. Treasury official will meet European Union antitrust officials investigating tax deals involving Apple and Amazon on Friday, the latest lobbying effort against a crackdown on U.S. firms. The meeting comes a week after Apple Chief Executive Tim Cook met European Competition Commissioner Margrethe Vestager, […]

Protesters march, France eyes business deals as Iran’s Rouhani visits

By Michel Rose and John Irish PARIS, Jan 28 : France and Iran hailed the sale of Airbus planes and the renewal of a decades-old carmaking venture as symbols of thawing relations today while protesters in Paris tried to get human rights onto the agenda. President Hassan Rouhani was accompanied on his official visit to […]

German government agrees tighter asylum rules

By Joseph Nasr BERLIN, Jan 28 : German Chancellor Angela Merkel’s conservatives and their left-leaning Social Democrat (SPD) coalition partners agreed today to tighten asylum rules, reaching a compromise on how to stem an influx of migrants that topped one million last year. The new measures include a two-year ban on family reunions for asylum […]