Thursday, December 18, 2014   

European markets open flat
(07-02 15:31)

Europe's main stock markets steadied at the start of trading on Wednesday, with London's benchmark FTSE 100 index down 0.06 percent to 6,798.65 points.
Frankfurt's DAX 30 rose 0.11 percent to 9,913.00 points, while in Paris the CAC 40 index nudged 0.01 percent lower to 4,460.62 compared with Tuesday's closing level.
In Paris, telecom shares fell sharply after Orange said it had decided not to play a role in consolidating the French telecoms market, with the effect that it would not buy its French rival Bouygues Telecom.
Bouygues Telecom is in difficulties since losing out to Numericable in a bidding competition for SFR, and had its eyes on a deal first with Iliad and then with Orange. Bouygues was also interested in Virgin Mobile which was also acquired this week by Numericable. --AFP   
Other Business breaking news:
Cautious Japanese firms holding record assets: BoJ (12 mins ago)
German business confidence grows in December: Ifo (12 mins ago)
Swiss central bank introduces negative interest rate (33 mins ago)
Hang Seng finishes higher, Shanghai down (1 hr 1 min ago)
Ruble rallies in early trading on day of Putin press conference (1 hr 53 mins ago)
Nikkei soars on weaker yen (2 hrs 37 mins ago)
Hang Seng up by lunch (12-18 12:35)
Fed says can be 'patient' on rate rise (12-18 12:11)
China's home prices continue to cool, declines narrowing (12-18 12:09)
Avon beauty firm pays US$138m to settle China bribe probe (12-18 11:20)

More breaking news >>

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