BRUSSELS - The European Commission's new president, Jean-Claude Juncker, comfortably survived a no-confidence vote on Thursday brought over news that Luxembourg had lured multinational businesses with super low tax rates during his period as prime minister.
BERLIN/LONDON - Subdued food price inflation in Europe is unlikely to pick up any time soon, adding to the pressure on mainstream grocers as they struggle with changing shopping habits and competition from discounters.
BRUSSELS - The European Commission will tell France, Italy and Belgium on Friday their 2015 budgets risk breaking EU rules, but it will defer decisions on any action until early March.
LONDON - European firms squeezed by low interest rates are having to consider new, riskier ways to manage trillions in corporate cash as they are snubbed by banks awash in new regulation that may also spell the demise of their go-to investment funds.
LONDON - European Union plans to curb risky trading at banks would make it more expensive to raise funds for the bloc's flagging economy, a study commissioned by a banking lobby said on Thursday.
JOHANNESBURG - Plunging world oil prices have dealt a blow to Africa far greater - in purely economic terms - than Ebola, setting back investment in exploration and plans to industrialize.
PARIS, Nov 27 - European shares inched higher on Thursday, extending recent sharp gains, helped by growing expectations of further stimulus measures from the European Central Bank.
* Dow up 0.07 pct, S&P up 0.28 pct, Nasdaq up 0.61 pct (Updates to market close)
* Energy shares under pressure as OPEC maintains supply (Adds comment, detail)
TOKYO, Nov 27 - Japanese stocks closed down on Thursday, as selling of Nikkei futures in the afternoon widened earlier losses driven by weak U.S. data and a stronger yen. The Nikkei benchmark shed 0.8 percent to close at 17,248.50. Many investors stayed on the sidelines ahead of the Thanksgiving holiday in the U.S., and the trade volume was the lowest since Nov. 10. Market participants said hedge funds and securities firms took temporary short positions on Nikkei futures pos
HONG KONG, Nov 27 - Hong Kong shares finished down on Thursday as investors held back from chasing continuous gains on mainland exchanges due to doubts about the state of China's economy.
Europe Market Reports
Americas Market Reports
Asia/Pacific Market Reports
- Gold: PRECIOUS-Gold eases as dollar strengthens, fund outflows resume
- Oil Report: Brent crude oil falls below $74 per barrel after OPEC meeting
- British Pound Report: Pound cuts losses vs dollar after weak U.S. consumer confidence data
- US Dollar Report : FOREX-Euro dips as German inflation sinks deeper into danger zone