European Business & Economy - Page 15

Business - European Economy FT.com - Drax Group bucked the strong market trend in London yesterday as investors banked profits amid fears the power company could lose its blue chip status. More Info...  

FT.com - Drax Group bucked the strong market trend in London yesterday as investors banked profits amid fears the power company could lose its blue chip status. More Info...  

AFP - Europe's main stock markets began the week strongly, with Frankfurt's DAX 30 back above 7,000 points at the half-way stage Monday, after shrugging off a rally in oil prices.

AFP - Consumer sentiment in Germany, the biggest economy in the eurozone, is declining as expected as a result of the steep rise in value-added or sales tax (VAT) introduced at the beginning of this year, a poll showed on Monday.

FT.com - London equities opened higher on Monday, supported by strong commodity shares, good full-year numbers from the property sector and an upbeat trading statement from Associated British Foods. More Info...  

Business - European Economy Canadian Press - JOHANNESBURG, South Africa (AP) - Zimbabwe President Robert Mugabe, who is facing mounting discontent at home, blamed his country's economic crisis on the European Union and Britain during celebrations Saturday for his 83rd birthday. More Info...  

Canadian Press - JOHANNESBURG, South Africa (AP) - Zimbabwe President Robert Mugabe, who is facing mounting discontent at home, blamed his country's economic crisis on the European Union and Britain during celebrations Saturday for his 83rd birthday. More Info...  

Business - European Economy FT.com - Rising share prices and bond yields have cut pensions deficits at the UK's biggest companies to their lowest level since new accounting standards were introduced in 2002. More Info...  

FT.com - Rising share prices and bond yields have cut pensions deficits at the UK's biggest companies to their lowest level since new accounting standards were introduced in 2002. More Info...  

FT.com - The FTSE Eurofirst 300 hit a six-year high on Monday but ended flat over the week at 1,543.71, in spite of encouraging results and bid speculation in the financial sector. More Info...  

FT.com - Weakness in the banking sector dragged the FTSE lower on Friday as results from Lloyds TSB failed to impress investors. More Info...  

AFP - European stock markets were mainly weak on Friday, in the wake of a poor German business confidence survey and weak showing by Wall Street overnight.

FT.com - London equities fell in morning trade on Friday, with weakening banks counteracting strength in resource stocks after lacklustre reaction to full-year numbers from Lloyds TSB. More Info...  

AFP - The British economy has grown by 2.7 percent in 2006, in line with an initial estimate given last month.

FT.com - London equities made small gains in opening trade on Friday, with strength in resource stocks counteracting falls for banks after a lacklustre reaction to full-year numbers from Lloyds TSB. More Info...  

Business - European Economy FT.com - Media groupEmap was in focus on Thursday amid speculation that one of its three divisions could soon be put up for sale. Sector watchers said they were not surprised the rumour had surfaced given Emap's problems. More Info...  

FT.com - Media groupEmap was in focus on Thursday amid speculation that one of its three divisions could soon be put up for sale. Sector watchers said they were not surprised the rumour had surfaced given Emap's problems. More Info...  

FT.com - Strong results from two leading insurers topped a busy day of positive earnings news in Europe on Thursday, helping the FTSE Eurofirst 300 rise 0.3 per cent to 1,539.94. More Info...  

AFP - European stock markets rose on Thursday as investors seized on a flurry of bullish earnings reports, and after Tokyo hit a near seven-year high.

FT.com - London equities regained upward momentum on Thursday as a series of strong earnings reports helped the FTSE 100 back toward the 6,400 level. More Info...