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AstraZeneca-042916.jpg British drug maker AstraZeneca Plc reported Friday higher profit in its first quarter, reflecting lower charges and higher revenues. US and emerging markets performed well. Looking ahead, for fiscal 2016, the company continues to expect both revenue and earnings per share to decline a low to mid single-digit percentage at constant exchange rates.

IAG-042916.jpg International Consolidated Airlines Group S.A. Friday reported profit for the first quarter, compared to loss in the prior year, mainly reflecting higher passenger revenues and increased capacity. For fiscal 2016, IAG still expects to generate an absolute operating profit increase similar to 2015 as it expects to reduce underlying ex-fuel unit costs by around one percent.

Asianmarkets-112014_29Apr16.jpg European stocks may open lower on Friday after U.S. shares fell the most in three weeks overnight on the back of disappointing data and weak corporate earnings. Asian shares extended Thursday's losses even as Japanese markets remained closed for a public holiday after steep losses in the previous...

Brexit-TS-042816.jpg With less than two months to go for the referendum to decide the fate of Britain's position in the European Union, "Brexit" talks are splashed across all media outlets to the point of tiring out readers/viewers. What will be the fallout of "Brexit" and how it will affect the rest of Europe? Read on to know more about the raging issue...

Asian-Markets2_28Apr16.jpg European stocks are seen opening a tad lower on Thursday, tracking mixed cues from Asia after the Bank of Japan left its monetary policy stance steady, surprising several market participants who had expected the central bank to expand monetary stimulus amid several global headwinds. The decision...

UKGDP-042716.jpg The U.K. economy expanded at a slower pace in the first quarter of the year as the service sector alone made positive contribution to growth amid the "Brexit" fears. Gross domestic product grew 0.4 percent from a quarter ago, when the economy expanded 0.6 percent, preliminary data from the Office for National Statistics revealed Wednesday. The sequential growth rate came in line with economists'

Barclays-042716.jpg British lender Barclays Plc reported a decline in the first-quarter profit, mainly reflecting loss in non-core businesses. Core business, however, performed well. The shares were gaining around 4 percent in the early morning trading in London. The company stated that the current performance of the Core business shows the potential power of the Group once it is freed from the drag of Non-Core.

Asianmarkets-111914_27Apr16.jpg European stocks look set to open largely unchanged on Wednesday as investors await the Federal Reserve's latest monetary policy decision at the end of a two-meeting concluding later today. The U.S. central bank is widely expected to leave interest rates unchanged, but investors are eager to know...

Mortgage-042616.jpg U.K. housing market was boosted by the buy-to-let and second home buyers, who pushed gross lending to its highest level in eight years in March, ahead of a hike in the new stamp duty this month, raising fears that activity may ease sharply as the "Brexit" referendum nears.

FCA-042616.jpg Fiat Chrysler Automobiles N.V. (FCAU) reported that its firs-quarter adjusted EBIT Increased 97% to 1.38 billion euros, driven by increased margins in NAFTA and EMEA. Group adjusted EBIT margin nearly doubled to 5.2% from 2.7%. Adjusted net profit increased to 528 million euros from 31 million euros,...

BP-042616.jpg BP Plc reported a pre-tax loss in its first quarter, compared to last year's profit, as revenues were weak with lower oil prices. The company further announced an unchanged dividend. Looking ahead, BP expects second-quarter Upstream production to be lower than the first quarter. In downstream, the company expects significantly higher level of turnaround activity in the second quarter.

Asian-Markets1_26Apr16.jpg Stock futures point to a positive open in Europe on Tuesday, although underlying sentiment is likely to remain subdued ahead of central bank meetings in the U.S. and Japan. Crude futures were up about 0.7 percent at $42.93 a barrel in Asian deals after falling as much as 2 percent on Monday as Saudi...

European stocks fell further from a three-month high hit last week, as commodity prices retreated on concerns over risks building in China's debt and commodities markets, and a survey showed German business morale weakened slightly in April. The Ifo Business Climate indicator stood at 106.6 in April,...

Asian-Markets2_25Apr16.jpg European stocks may open narrowly mixed on Monday as oil prices fell over 1 percent in Asian deals after three weeks of gains and caution crept in ahead of central bank meetings in the United States and Japan. Brent crude futures for June delivery were trading down 1.3 percent at $44.52 a barrel and...

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