Wednesday, May 27, 2015   

European equities open lower
(06-25 15:51)

Europe's main stock markets slid at the start of trading on Wednesday, with London's benchmark FTSE 100 index down 0.38 percent to 6,761.56 points.
Frankfurt's DAX 30 dropped 0.55 percent to 9,883.78 points and in Paris the CAC 40 index lost 0.53 percent to 4,494.36 compared with Tuesday's close.
In Paris, the government announced that the French state had sold 3.1 percent of energy group GDF Suez, leaving it with a holding of 33.6 percent and raising about 1.5 billion euros.
The state is expected to use the money to buy 20 percent of power-to-energy group Alstom, under a part takeover of Alstom by US group GE.
The price of shares in GDF Suez fell by 3.08 percent to 20.17 euros.
Asian stock markets had slipped on Wednesday following the previous day's gains, while investors took their lead from losses Tuesday on Wall Street. --AFP
   
Other Business breaking news:
Hang Seng dips, Shanghai up (05-27 16:20)
European stocks up at open (05-27 15:37)
Strong domestic demand propels German consumer outlook to new high (05-27 14:29)
Nikkei closes on positive note (05-27 14:27)
Yunnan Water climbs at mid-day break (05-27 13:12)
Greenback near eight-year high against yen (05-27 12:47)
Organized crime suspected in US tax data theft (05-27 12:43)
Hang Seng slips at break (05-27 12:12)
China coal output falls in first 4 months of year (05-27 11:55)
Oil prices rebound in Asia (05-27 11:51)

More breaking news >>

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