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London shares close in the black as HSBC results please; oils led support
AFP - The FTSE 100 closed in the black as strong interims from HSBC boosted the heavyweight banking sector and as M and A speculation boosted fund managers, dealers said.
Oil sector fuels Europe's bourses
FT.com - European shares opened higher on Tuesday as firm crude prices boosted the continent's oil producers and the German auto sector received a boost as the reporting season continued.
IMF Cuts Euro-Zone Growth Forecast
AP - The International Monetary Fund on Wednesday cut its forecasts for euro-zone economic growth in 2005 and 2006, while insisting the conditions for a 'tepid' recovery are in place.
CI Financial backs away from Amvescap
FT.com - Amvescap shares were the weakest performers in the FTSE 100 index in London early on Thursday as CI Financial of Canada pulled out of making a bid for the Anglo-US fund manager.
European stocks mixed, London shares lifted by strong results
AFP - European stock markets enjoyed mixed fortunes, with a strong batch of company results lifting London trade, while Frankfurt shares fell amid profit taking ahead of the weekend, dealers said.
London shares close higher as rally in banks offsets oil price spike
AFP - The FTSE 100 closed in the black, just off earlier highs as a mixed session on Wall Street due to another spike in crude oil prices took some of the shine off a rally in UK banks and miners, dealers said.
European stocks rise as record oil prices bolster energy sector
AFP - European stock markets gained ground as energy companies benefited from the historic record run in oil prices, while traders looked ahead to a US interest rate decision, dealers said.
French Manufacturing Extends Increase
AP - French industrial production rose for a second straight month in June, the official statistics agency Insee said Wednesday, confirming a rebound after three consecutive months of declines.
London shares close down as concerns over oil price weight on sentiment
AFP - The FTSE 100 closed down as record crude oil prices continued to weigh on investor sentiment, prompting some to lock in profits generated by recent gains, dealers said.
European stocks drop on historic oil price, strikes hit BA shares
AFP - European stock markets fell as investors digested new record oil prices, while British Airways shares also dropped amid wildcat strikes at London's busy Heathrow airport.
Former European Central Bank chief Wim Duisenberg found dead in France
Canadian Press - PARIS (AP) - Wim Duisenberg, the former European Central Bank chief who helped create the euro currency, was found dead Sunday in his swimming pool in southeastern France, officials said. He was 70.
European stocks mixed amidst lower oil price, telecoms news
AFP - European stock markets were mixed as investors monitored developments in the telecoms sector, whilst sentiment was bolstered somewhat by lower oil prices, dealers said.
European stocks weaken after Wall Street sinks overnight
AFP - European stock markets fell after Wall Street went into a tailspin overnight, and as London investors digested the latest minutes from the Bank of England's August meeting.
Shares manage to end off lows as Wall St. creeps higher
AFP - The FTSE 100 ended lower although managed to close above its session lows thanks to a positive morning by Wall Street, with a slight easing in oil prices and benign jobless data lifting sentiment.
British Economy Grows at Faster Rate in 2Q
AP - Britain's economy expanded 0.5 percent in the second quarter, a faster clip than initially estimated even though consumer spending rose at its slowest pace in a decade, a government report showed Friday.
France calls for more EU dialogue with ECB
FT.com - France on Tuesday intensified calls for a more 'resolute dialogue' between the eurozone's politicians and the European Central Bank, arguing that fiscal and monetary policy must be better co-ordinated to stimulate faster economic growth.
European stocks set to make modest gains
FT.com - European stocks were set for a cautious start on Wednesday as concerns over the economic impact of high oil prices continued to weigh, following a fresh run up to record highs.
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