Europe

Bond market blues hammer stocks, drive euro higher

Government bonds sold off again on Tuesday, driving down stocks and helping push the euro sharply higher against the dollar.

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Greece weighs on Europe, China cut keeps shares steady

China's interest rate cut kept shares worldwide near record highs on Monday, though euro zone bourses, bonds and the euro were pegged back by a lack of progress in resolving Greece’s financing woes.

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Swiss economy defies doomsayers, weathers franc shock

When the Swiss central bank abandoned its cap on the franc back in January, corporate Switzerland warned of an economic "tsunami" that would hit exports, hammer jobs and plunge the Alpine nation into a deep recession.

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Greek PM forecasts 'happy end'; Eurogroup chief cites progress in talks

Greek Prime Minister Alexis Tsipras forecast a happy end soon to fraught negotiations with creditors on a cash-for-reform deal, and the chairman of euro zone finance ministers said talks were making progress, though not enough for a deal next Monday.

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Bombardier eyes 20-30 percent rail unit IPO in Frankfurt - sources

Bombardier Inc (BBDb.TO) is aiming to sell a 20- to 30-percent stake in its rail unit via an initial public offering in Frankfurt as early as October, said three sources familiar with the matter on Friday.

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France's Sapin says Greece belongs in euro, solution will be found

French Finance Michel Sapin said on Thursday that euro zone states would find a solution to the Greek debt crisis and that Greece should remain in the currency union.

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Stocks swept lower as bonds, dollar struggle to steady

World financial markets were unsettled again on Thursday as a week-long sell-off in benchmark government bonds, stocks and the dollar, and a race up in oil prices, was compounded by UK election uncertainty.

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Tesla posts wider net loss, stands by full-year delivery target

Tesla Motors Inc (TSLA.O) Wednesday reported a wider first-quarter net loss, but outperformed expectations and stuck to key milestones for the year ahead despite pressure on margins.

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U.S. jobs report looms for directionless market

The U.S. stock market has struggled for direction of late, but next week's payroll report could confirm whether the recent weakness in data and stock prices is waning as the weather warms, or the start of a longer-term trend.

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Detroit automakers face speed bumps as sales growth slows

Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead.

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Dollar dips, trade thins on May Day after stormy week

A holiday in most of Europe thinned trade on Friday after a tumultuous week when the dollar dove, bond yields soared and stock markets in Europe and the United States weakened.

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Euro surges past $1.12 as dollar doubts grow

The euro rose for a third day against the dollar on Thursday, pushing above $1.12 for the first time in two months on growing concern over the U.S. economy's prospects.

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U.S. data, Fed caution keep pressure on stocks, dollar

World stock markets and the dollar remained in a sharp sell-off mode on Thursday, having been jolted sharply lower by weak U.S. growth data and cautious comments from the Federal Reserve.

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Saras and Rosneft abandon plans for trading joint venture

Italian refiner Saras (SRS.MI) and Russian energy giant Rosneft (ROSN.MM) have called off plans to set up a trading joint venture, Saras Managing Director Dario Scaffardi said on Tuesday.

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European shares follow Asia lower, dollar weak before Fed

Stocks fell in Europe on Wednesday, following Asian stocks lower, while the dollar held near two-month lows before a Federal Reserve policy statement expected to show the U.S. central bank in no hurry to raise interest rates.

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