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Global shares rise on Europe relief, optimism on Apple


NEW YORK - A measure of equity markets worldwide hit record highs on Monday as optimism over Greece supported European stocks while U.S. shares added to last week's gains ahead of Apple results and a Federal Reserve policy meeting.

FTSE climbs to record high in face of election uncertainty

LONDON - The FTSE rose to a record high on Monday, led by HSBC, despite increasingly volatile moves ahead of next week's election, with opposition Labour policies announced at the weekend hitting housebuilders.

5:02pm BST

Euro gains as Greece revamps bailout negotiating team

NEW YORK - The euro climbed to three-weak peaks against the dollar on Monday, on optimism about Greece's prospects after the government reshuffled its bailout negotiating team to forge a deal with lenders about more aid for the cash-strapped country and avoid a default.

4:54pm BST

Brent crude steadies above $65 as U.S. rig count offsets strong dollar

LONDON - Brent crude reversed early losses to steady above $65 on Monday as signs that U.S. shale output may have started to decline offset the effects of a strong dollar.

5:16pm BST

Sterling hits seven-week high after UK poll gives Conservatives six-point lead

LONDON - Sterling rose above $1.52 for the first time in seven weeks on Monday after a poll put the ruling Conservatives six points ahead of the Labour party 10 days before parliamentary elections.

5:04pm BST

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