Motor insurers help FTSE to end higher
LONDON - Britain's top share index ended higher on Wednesday, with motor insurers advancing on news of an increase in car premiums and drugmaker GlaxoSmithKline rising after its results.
Shares rally on corporate results, bond prices fall
NEW YORK - Global equity markets edged higher on Wednesday, lifted by a raft of solid corporate results and benign U.S. inflation data that may encourage the Federal Reserve to keep interest rates lower for longer.
Dollar gains on uptick in U.S. CPI, euro banking concerns
NEW YORK - The U.S. dollar extended broad-based gains on Wednesday after marginally higher-than-expected U.S. inflation data coupled with earlier concerns over European banks sent the greenback to one-week highs against the euro.
Sterling falls after BoE minutes, gilts rise
LONDON - Sterling fell while gilt futures edged higher on Wednesday after Bank of England minutes showed policymakers were firmly against raising interest rates when they met earlier this month.
European shares halt sell-off; Rolls-Royce sinks
PARIS - European stocks rose in early trading on Friday, halting the week's sharp drop after Wall Street pared losses as macro data soothed fears about the U.S. economic outlook.
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- Kerry says status quo between Israel, Palestinians 'unsustainable'
- British support for EU membership at 23-year high - poll
- Canadian parliament locked down, one suspect reported dead |
- EU okays new executive as Juncker vows to seize 'Europe's last chance' |
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- UK anti-terrorism police arrest two over Syria-linked offences
- Tesco's results set to reveal extent of accounting scandal
- Amid regional turmoil, Israel looks to its firm bond with Jordan