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(MENAFN - AFP) Europe's main stock markets fell on Thursday and the euro and British pound rebounded against the dollar, with the focus on the upcoming referendum on Scottish independence.

In London midday deals, the FTSE 100 index of top companies dropped 0.54 percent to 6,793.42 points.

Frankfurt's DAX 30 lost 0.52 percent to 9,649.50 points and in Paris the CAC 40 ...

(MENAFN - AFP) Royal Bank of Scotland will move its registered offices to England if Scotland votes for independence from Britain in next week's referendum, the state-owned lender said on Thursday.

In the event of a "Yes" vote in the historic poll on September 18, "RBS believes it would be necessary to re-domicile the Bank's holding company and its primary rated operating ...

(MENAFN - AFP) Sweden under Prime Minister Fredrik Reinfeldt has enjoyed a dynamic job market, sustained growth and low public debt - and yet the polls suggest he will lose this Sunday's election.

It looks like a paradox, but maybe it isn't. The economic vigour has come with a price tag in the form of growing inequality that many in egalitarian Sweden find far too high.

"We ...

(MENAFN - AFP) The Russian ruble slumped to another record low against the dollar on Thursday as the European Union prepared to hit Moscow with harsher sanctions over the Ukraine crisis.

The ruble weakened to 37.57 against the dollar at about 1135 GMT, a new record after hitting 37.51 on September 1.

The ruble also weakened against the euro to 48.50 rubles, but stayed ...

(MENAFN - AFP) The crisis-hit French economy is facing its "hour of recovery or decline," the head of its central bank said Thursday, warning the economy would stay stuck if the government did not implement immediate economic reform.

"France is not beyond repair but this is the hour of recovery or decline. We have to choose and of course, we have to choose recovery," Christian ...

(MENAFN - AFP) An affiliate of German carmaker Volkswagen has been fined more than $40.5 million for price-fixing in China, authorities said Thursday, the latest company to be punished under a sweeping anti-monopoly crackdown.

FAW-Volkswagen Sales Company, Ltd., a partnership between the Frankfurt-based firm and Chinese auto maker FAW, has been ordered to pay 248.58 million ...

(MENAFN - AFP) Russian gas giant Gazprom on Thursday posted a 41-percent year-on-year plunge in net profit in the first quarter of 2014 partly due to Ukraine's gas debt, the company said.

The company's net profit amounted to 223 billion rubles ($5.963 billion) between January and March this year.

The energy giant's sales in the same period rose by 7.0 percent compared ...

(MENAFN - AFP) Argentina passed a measure on Thursday aimed at side-stepping a US court order that has blocked the country from paying back debt tied up in a feud with hedge funds.

The law, approved by the senate last week, got the green light in the lower house of the legislature by a vote of 134 in favour to 99 against, with five abstentions.

The immediate goal is ...

(MENAFN - AFP) The oil market has lost pace because of weak growth in Europe and slowdown in China, the International Energy Agency (IEA) said on Thursday, cutting its estimates for demand.

The growth in demand for oil this year and next will be markedly lower than expected, the IEA said, and this together with plentiful supply explains why the price of oil has fallen recently ...

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