U.K. shares retreat

Source: Bloomberg
U.K shares retreated from the highest level in approximately six months, snapping a nine-day advance, as a index of bank stocks dropped for the first day out of last four. The FTSE 100 Index slipped 0.5% to 6,659.24 as of 9:13 a.m. London time; however, the equity-benchmark has added 3% monthly. The FTSE All-Shares Index fell 0.5%, while Ireland's ISEQ Index slipped 0.5% as well.
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Wed, 23 Oct 2013 10:57:04 GMT

European shares decline as major companies' sales drop

European shares fell, after the longest advance for the regional benchmark index in more than three years, as some major companies reported worse than expected quarterly sales. The Stoxx Europe 600 Index slipped 0.7% to 318.88 as of 10:39 a.m. London time; however, the gauge has climbed 2.7% monthly. Standard & Poor's 500 Index futures declined 0.5%, while the MSCI

Wed, 23 Oct 2013 10:17:03 GMT

Bank of Spain: Economy will grow in Q3

According to the survey of the Bank of Spain, the country's economy advanced 0.1% during July-September, while a quarter ago the economic decline of 0.1% was registered. The survey is based on 37 analysts' estimates. At the same time, the two-year long recession may be finished. On the other hand, Spanish economy still faces high risks of stagnation, as the

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