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Stock market outlook mildly positive as Asian indexes perk up
Canadian Press - TORONTO - Wall Street stock index futures were modestly positive Monday morning as European markets rose following strong gains in Asia as traders were encouraged by market advances last week.
France Telecom reports 50-percent 2007 profits jump
AFP - France Telecom reported on Wednesday a bigger-than-expected profits leap in 2007 and looked forward to steady growth as it held up well in European markets and newer ventures overseas.
European markets fall on tech weakness
FT.com - European equities fell in line with losses on Wall Street as technology shares lost ground after Cisco Systems (NASDAQ:CSCO) in the US warned of weak demand.
Could Blair lead new EU?
AP - He sent troops to Iraq against stiff opposition in Paris and Berlin, rejected the Euro as fellow leaders embraced economic harmony and angered neighbors by playing hardball over the European Union budget.
Dutch refuse to sign off on EU accounts
FT.com - The Netherlands is to refuse to sign off on the European Union's accounts in an attempt to force national governments to take more responsibility for the European money they spend.
French bank says trader who bet $73 billion used multiple fraud techniques
Canadian Press - PARIS - Societe Generale said Sunday that a trader who evaded all its controls to bet $73.5 billion - more than the French bank's market worth - on European markets hacked computers and 'combined several fraudulent methods' to cover his tracks, causing billions in losses.
Banks drive European stocks higher
FT.com - European stock markets made early gains on Monday, led by advances in the banking sector.
EU approves Thomson takeover of Reuters
AFP - The European Commission approved on Tuesday Reuters' takeover by Canadian rival Thomson, paving the way for the creation of the world's biggest financial information group.
Banks take their toll on European equities
FT.com - European markets were in a bearish mood on Wednesday after more disappointing results from the banking sector and overnight losses on Wall Street weighed on stocks.
Hamas urges EU to up pressure on Israel over Gaza
Reuters - Hamas called on the European Union on
Friday to step up pressure on Israel to lift its economic and
military blockade of the Gaza Strip, which is controlled by the
Islamist group.
EU wants conduct code for sovereign wealth funds: Mandelson
AFP - The European Union wants a global code of conduct for sovereign wealth funds, its trade chief said Monday, just days after China had attacked scrutiny as harmful to the global economy.
China should revalue yuan to avoid overheating: Mandelson
AFP - China should gradually revalue its currency to cool its booming export sector and also allow European companies fairer access to its market, the European Union trade chief said Tuesday.
IMF says German export-led economy to be hit by global slowdown
AFP - The IMF slashed its 2008 German growth forecast to 1.5 percent on Wednesday, warning that weaker global economic activity would curb exports from the biggest European economy.
German unemployment rate falls to 8.6 percent: official data
AFP - German unemployment fell further in February on sustained business activity and because the winter remained mild, figures from the national employment agency showed on Thursday.
UK mortgage approvals pick up, rise in lending weak
Reuters - British mortgage approvals unexpectedly
picked up in January from a series low, but mortgage lending
posted its weakest rise in two and a half years, according to
Bank of England data on Friday.
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