(MENAFN - AFP) European stocks rallied Friday, as investors welcomed the Bank of Japan's stimulus boost and upbeat earnings, but gold hit a four-year low on strength of the dollar and improving risk sentiment.
Nearing midday, London's FTSE 100 index jumped 1.12 percent to 6,535.55 points, while Frankfurt's DAX 30 gained 1.73 percent to 9,272.31 points and the Paris CAC 40 ...
(MENAFN - AFP) The Cypriot supreme court ruled as unconstitutional Friday four bills on bank foreclosures whose passage by parliament prompted international lenders to halt payments on the country's 10-billion-euro ($12.7-billion) bailout.
The decision should open the way for Nicosia to receive the next tranche of 436 million euros, which was blocked last month.
(MENAFN - AFP) Boosting growth, cutting near-record jobless queues and making member states stick to tough budget rules are just some of the tasks the new European Commission must quickly get to grips with.
The Commission, led by former Luxembourg prime minister Jean-Claude Juncker, formally takes office Saturday, with fixing the European Union's stalling economy the number ...
(MENAFN - AFP) Eurozone inflation edged up to 0.4 percent from multi-year lows while unemployment was little changed, official data showed Friday, providing only limited reassurance that a modest economic recovery remains on track.
Analysts said the figures were far from encouraging, with the European Central Bank likely to come under additional pressure from anxious governments ...
(MENAFN - AFP) European stocks rallied at the start of trading on Friday, as investors welcomed the Bank of Japan's surprise stimulus boost, dealers said.
In initial deals, London's benchmark FTSE 100 index gained 1.24 percent to 6,543.59 points, Frankfurt's DAX 30 soared 1.85 percent to 9,283.40 points and in Paris the CAC 40 jumped 1.74 percent to 4,213.47.