Sunday, March 1, 2015   

Europe benchmarks fall
(03-05 19:42)

Europe's main stock markets fell on concerns over growth in China and after a rollercoaster start to the week caused by the crisis in Ukraine.
London's benchmark FTSE 100 index dropped 0.44 percent to stand at 6,793.49 points in late morning trade. The mining sector was knocked by unease over China, traders said.
Frankfurt's DAX 30 slipped 0.35 percent to 9,555.62 points and in Paris the CAC 40 lost also 0.35 percent to 4,380.50 compared with Tuesday's closing values.
“UK markets have taken a turn for the worse this morning after more news from China and a number of disappointing updates weighed on the benchmark,'' said CMC Markets trader Toby Morris.
“China re-affirming a 7.5-percent growth target should be good news on recent form, but analysts have cast doubt over whether that is achievable... The lack of clarity has weighed on basic resources which is one of the worst performing sectors.''—AFP

   
Other Business breaking news:
German MPs okay Greek bailout extension by big majority (02-27 18:45)
Hang Seng retreats, Shanghai gains (02-27 17:33)
Iberia and BA owner IAG posts profit, cites costs savings (02-27 17:28)
Airbus reports 2.3b euros earnings, predicts more orders (02-27 17:22)
Lloyds reports profits, announces first dividend since bailout (02-27 16:30)
Europe equities steady (02-27 16:19)
Novartis Japan hit with suspension over side-effect reporting (02-27 14:50)
Nikkei reaches new 15-year high (02-27 14:35)
Chinese got 6,985 US investor visas n 2013 (02-27 13:49)
Chinese billions in US open avenues for investment fraud (02-27 13:37)

More breaking news >>

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