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StockMarket-112814_05Feb16.jpg European shares traded mostly higher on Friday as investors digest a slew of earnings reports, weak German factory orders data and await U.S. payrolls data due out later in the day. German factory orders fell 0.7 percent in December from November, when it advanced 1.5 percent, provisional data showed....

BenBroadbent-BoE-020516.jpg There is no urgency to raise U.K. interest rates at present and the falling oil prices have benefited the economy, which is enjoying a robust recovery, Bank of England Deputy Governor Ben Broadbent said Friday. There was "certainly no great urgency to raise rates at the moment", Broadbent said in an interview on the BBC Radio 5.

Asian-Markets2_05Feb16.jpg European shares are seen opening lower on Friday, with banks likely to remain in focus after two client advisers from Swiss private bank Julius Baer Group pleaded guilty to helping American clients cheat on their taxes and French lender BNP Paribas reported sharply lower net profit for the fourth quarter. That...

Boe-020416.jpg Bank of England policymakers unanimously decided to keep the interest rates unchanged for the first time in seven months, as Ian McCafferty abandoned his call for a hike, and also signaled that record low rates are unlikely to rise in the foreseeable future. The U.K. central bank also downgraded its growth projections in the wake of subdued global activity and continuing fiscal consolidation.

StockMarket4-112114_04Feb16.jpg European shares followed Wall Street and Asia higher on Thursday, although gains were tempered by mixed earnings reports. Most Asian shares rose as oil extended overnight gains and mixed U.S. data as well as dovish comments from a top Federal Reserve official suggested the Federal Reserve will not...

Shell-020416.jpg Royal Dutch Shell, which is in a deal to merge with peer BG Group Plc, reported Thursday a surge in fourth-quarter net profit, while its CCS earnings declined amid lower oil prices. The company maintained dividend. The shares were gaining around 6 percent in the morning trading in London.

Asian-Markets1_04Feb16.jpg European shares are seen opening gap up as commodity prices rally amid a weaker dollar. U.S. stocks staged a late-session rally to end mostly higher overnight after oil prices jumped about 8 percent and mixed private-sector employment and service sector data raised expectations that the Fed would...

GlaxoSmithKline-020316.jpg GlaxoSmithKline PLC (GSK.L, GSK) reported 2015 core operating profit of 5.7 billion pounds, 9% lower than in 2014 in CER terms on a turnover increase of 6%. On a pro-forma basis, core operating profit was 2.7% lower in CER terms on a turnover increase of 1%. Core earnings per share was 75.7 pence, down...

Stock-Market-010815_03Feb16.jpg European shares extended Tuesday's losses as oil price volatility and a slew of weak earnings reports dented investors' appetite for risk. While oil prices reversed earlier falls after fresh comments from Russia on possible coordination of efforts to stabilize oil markets, a slew of economic reports...

Asianmarkets-112014_03Feb16.jpg European shares look set to extend Tuesday's losses amid another drop in the price of oil, steep losses on Wall Street overnight and concerns over muted corporate earnings. After lowering its debt rating on Royal Dutch Shell, credit ratings agency Standard and Poor's on Monday warned that it might...

stock-market-down_02Feb16.jpg European shares fell sharply on Tuesday, dragged down by material and energy stocks as oil extended Monday's steep losses and increasing global growth worries dampened risk appetite. Weak earnings reports from the likes of BP Plc and UBS also weighed on investor sentiment. Oil slipped towards $33...

BP-020216.jpg Shares of BP Plc. were losing around 7 percent in the early morning trading in London after the oil giant reported Tuesday sharply wider replacement cost loss in its fourth quarter reflecting impairment and restructuring charges amid steeply lower oil prices. Further, the company maintained its dividend and said it sees broadly flat production in fiscal 2016.

Asianmarkets-011415_02Feb16.jpg European shares are seen opening lower on Tuesday after January surveys of global factory activity fueled concerns that slowing global growth will prolong. U.S. crude futures extended declines in Asian deals after falling nearly 6 percent on Monday on rekindled oversupply fears and amid downbeat manufacturing...

Chicken-Tikka-Recall-020116.jpg Lytham Foods Ltd., located in Blackpool, United Kingdom, is recalling chicken tikka sandwiches, sold under the brand name 'Taylors of Lytham', due to possible contamination with the harmful Salmonella bacteria. The affected product has the "Use by" dates up to and including February 18, 2016.

UKManufacturing-020116.jpg The British manufacturing sector expanded at the strongest pace in three months in January on robust output and domestic orders, survey data from Markit Economics showed Monday. Another report from Bank of England showed that mortgage approvals increased to a 4-month high reflecting buoyant housing market activity.

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