Sunday, February 3, 2008
European Economy
| Business - European Economy 'Luckily, I remembered to do my trousers up' (FT.com) FT.com - Getting to the Kent countryside from London is about contrast. You arrive to all the things you'd expect, such as quiet, big skies, stars that are visible at night, snowdrops in bloom and peace. However, not all is calm in my little country corner. This weekend I arrive to find that a neighbouring farmer has, without permission, placed about 500 sheep in my field to graze. The field was being left empty for Farmer B, and Farmer A, with the ruthlessness you'd more likely expect in a FTSE 100 boardroom, let his sheep into my field to feed on the lush green turf that has been accumulating. M&A activity sparks FTSE rally (FT.com) FT.com - London equities made strong gains on Friday, as fresh bid activity energerised the mining sector and Wall Street took off after Microsoft made an offer for Yahoo. FTSE loses 6,000 after weak US employment data (FT.com) FT.com - London equities made strong gains on Friday,as fresh bid activity energerised the mining sector and Wall Street futures took off after Microsoft made an offer for Yahoo. FTSE back over 6,000 as Wall St futures fly (FT.com) FT.com - London equities made strong gains on Friday,as fresh bid activity energerised the mining sector and Wall Street futures took off after Microsoft made an offer for Yahoo. Investor News in Brief (FT.com) FT.com - Last year was the worst on record for the FTSE property sector, according to JP Morgan. But so far this year, it has been the top performer, recording a 4.9 per cent rise in January. Investors have snapped up shares in real estate investment trusts (Reits), attracted by discounts to net asset value of around 30 per cent. Activist funds are also moving in, with Laxey Partners about to float its £500m Terra Catalyst Fund, which will build stakes in underperforming property companies and funds. Lehman Brothers (NYSE:LEH) is now predicting favourable dividend yields for Reits in 2008. ... Mining sector gains lift FTSE (FT.com) FT.com - London equities made strong gains on Friday, as fresh bid activity energerised the mining sector. FTSE energised by mining bid moves (FT.com) FT.com - London equities made strong gains on Friday, as fresh bid activity energerised the mining sector. Global equities markets hurt by US recession fears (AFP) A Japanese businesman walks past a stock index chart in Tokyo. European stock markets closed generally lower Thursday, after a mixed performance in Asia, with investors anxious about the financial health of US bond insurers as well as the broader US economy.(AFP/File/Yoshikazu Tsuno)AFP - European stock markets closed generally lower Thursday, after a mixed performance in Asia, with investors anxious about the financial health of US bond insurers as well as the broader US economy. London shares retreat (AFP) A businessman walks through the London Stock Exchange. The FTSE 100 fell 0.85 percent to 5,835.30, following other European main stock exchanges, as investors digested more negative subprime news ahead of a vital interest rate decision from the US Federal Reserve.(AFP/File/Ben Stansall)AFP - The FTSE 100 fell 0.85 percent to 5,835.30, following other European main stock exchanges, as investors digested more negative subprime news ahead of a vital interest rate decision from the US Federal Reserve, dealers said. Europe economy sound, but needs more transparency: EU leaders (AFP) German Chancellor Angela Merkel arrives at 10 Downing Street, in London. The fundamentals of Europe's economy are sound, but more transparency is needed in markets in light of recent turmoil, five key European leaders said after a mini-summit.(AFP/Leon Neal)AFP - The fundamentals of Europe's economy are sound, but more transparency is needed in markets in light of recent turmoil, five key European leaders said after a mini-summit. Source From:yahoo |
posted by ctsasikumar at 7:53 PM
