Netherlands started antitrust investigation into mobile firms

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Source: Marketwatch

Netherland's authorities announced they embarked on investigation into various mobile providers in the country. However, the officials do not disclose the purpose of investigation. Royal KPN NV, leading Dutch telecommunications company, confirmed the start of investigation and said that the statement clarifying the situation will be issued later.

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Tue, 06 Dec 2011 13:32:44 GMT

Copper futures slide on S&P warning

Copper futures declined to three-day low following the announcement of Standard & Poor's possible downgrade of credit rating of 15 euro-zone economies, including Germany and France.  On the Comex division of the New York Mercantile Exchange, copper futures for delivery in March were traded at USD3.551 a pound at the early European trade, losing 1.8% since opening.

Tue, 06 Dec 2011 14:06:50 GMT

FTSE 100 fluctuates amid Italian debt reduction and S&P announcement

On Monday UK's benchmark index closed 0.3% up, on hopes European officials are ready to take crucial actions to tackle crisis. However, FTSE 100 opened lower on Tuesday morning trade after Standard & Poor's reported it may downgrade 15 Eurozone countries. Index lost 0.2% in morning trade led by mining stocks as Vedanta Resources PLC declined 2.3% and Eurasian Natural Resources Corp. PLC gave up

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