LONDON (Reuters UK) - European shares lost 1 percent in early trade on Friday, having crept briefly into positive territory earlier, as a sell-off in banks gathered pace and a downbeat outlook from France's Carrefour CARR hit retailers. Crude oil futures hitting a fresh record high...
By Sitaraman Shankar LONDON (Reuters UK) - European shares dipped early on Tuesday, as losses in auto and utility stocks offset energy shares that tracked crude oil higher, with trading cautious ahead of a key two-day Federal Reserve rate-setting meeting. At 9:30 a.m., the FTSEurofirst 300...
(Reuters) - Goldman Sachs said the European banks sector needs to raise about 60 billion to 90 billion euros ($94 to $141 billion), or withhold one year of dividends, to reach an aggregate Tier I ratio of 9 percent -- a level achieved...
By Gerrard Raven LONDON (Reuters UK) - Huge drops in the shares of the two largest U.S. mortgage corporations before the opening bell on Wall Street pushed down already-weak European equities on Friday while oil prices hit a new record high. The dollar was caught in...
By Natsuko Waki LONDON (Reuters UK) - A global sell-off knocked world shares to a five-month low on Thursday as surging oil fanned concerns about inflation and slowing growth with investors looking ahead to a key U.S. jobs report. The European Central Bank became the first...
By Jane Baird LONDON (Reuters UK) - More credit turmoil is yet to come as further problems emerge, including a massive shift in risk from bond insurers to banks, and fresh macroeconomic risks, leading bankers and investors said on Tuesday. Global stock and credit markets have...
By Herbert Lash NEW YORK (Reuters UK) - Global stocks surged for a second day on Thursday as JPMorgan Chase's earnings lifted the battered banking sector and a slide in oil prices to under $130 a barrel eased fears that inflation could run amok. Even though...
By Jennifer Ablan NEW YORK (Reuters UK) - The worldwide credit crisis that burst onto investors' radar screens nearly a year ago wiped out some $3.3 trillion (1.66 trillion pounds) in wealth from global stock market wealth in the first half of this year, and ...
By Herbert Lash NEW YORK (Reuters) - Fear the two largest U.S. mortgage finance companies are in such poor health that they need a government bailout pushed financial markets lower on Friday, although stocks pared losses as officials began to talk of ...
