Tag Archives: european

Asia stocks mixed as Wall St. ignores euro gloom

BANGKOK (AP) — Asian stock markets were mixed Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. However, losses were limited by another record session on Wall Street. Continue reading

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ECB’s Draghi says no call for G7 central banks to do more

Major central banks did not face calls to do more to boost the world economy when Group of Seven finance officials met on Saturday, European Central Bank President Mario Draghi said. Continue reading

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Deutsche Bank Co-CEO Criticizes Low ECB Rates -Report

Deutsche Bank AG (DB, DBK.XE) Co-Chief Executive Juergen Fitschen has criticized the European Central Bank’s low interest rate, according to excerpts of an interview to be published Sunday in Frankfurter Allgemeine Sonntagszeitung. Continue reading

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U.S., Russia seek new Syria peace talks; rebels skeptical

By Arshad Mohammed and Erika Solomon MOSCOW/BEIRUT (Reuters) – Russia and the United States agreed to seek new peace talks with both sides to end Syria's civil war, but opposition leaders were skeptical on Wednesday of an initiative they fear might let President Bashar al-Assad hang on to power. Mindful the conflict may be far from over, Britain has urged fellow European Union states to lift an arms embargo, arguing it would strengthen those rebel groups favored by Western powers. .. Continue reading

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Wall Street closes up on tech gains, S&P near 1,600

By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks closed about 1 percent higher on Thursday, led by tech shares, after weekly jobless claims figures pointed to improving labor market conditions a day before the closely watched monthly payroll report. The European Central Bank also lifted sentiment, putting the S&P 500 at another all-time closing high, as the ECB cut interest rates for the first time in 10 months and held out the possibility of further action if necessary to boost the euro zone economy. Continue reading

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Wall St closes up on tech gains, S&P near 1,600

By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks closed about 1 percent higher on Thursday, led by tech shares, after weekly jobless claims figures pointed to improving labor market conditions a day before the closely watched monthly payroll report Continue reading

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Stocks Close Higher on European Stimulus, Job Outlook

NEW YORK (TheStreet) — Stocks rallied Thursday as the European Central Bank lowered interest rates in a sign that policymakers are willing to take further actions to revive their moribund economies while investors embraced reports that showed improvement in U.S. Continue reading

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Exclusive: Goldman’s special situations group names new global head

By Lauren Tara LaCapra NEW YORK (Reuters) – Goldman Sachs Group Inc has named Julian Salisbury to become head of its Global Special Situations Group, as current head Jason Brown retires, according to memos sent on Wednesday that were obtained by Reuters. Salisbury, a partner and managing director who now heads the group's European operation, will move from London to New York for the role. Continue reading

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CYCC, OMER To Watch Out, LGND Adds To Portfolio, TTHI, RPTP, Trimel Spike

SOUTH SAN FRANCISCO (dpa-AFX) – Aegerion Pharmaceuticals Inc. (AEGR) said it continues to be optimistic about the potential for a positive CHMP opinion in the European Union for its homozygous fam… Continue reading

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S&P 500 closes at record, led by energy, tech shares

By Ryan Vlastelica NEW YORK (Reuters) – The S&P 500 index ended at an all-time high on Monday as growth-oriented stocks, including energy and technology, lead the way to the index's sixth rise in the past seven sessions. Stronger-than-expected housing data also boosted the market, as did Italy's formation of a new government, ending months of uncertainty and raising hopes for new policies to promote growth in the euro zone's third-largest economy Continue reading

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