EUROPEAN MARKETS

  • Tata Steel Q1 net slumps, hit by weak demand August 13, 2012

    Mumbai: Tata Steel posted a sharp decline in firstquarter profit, hit by weak demand and prices in its main European market. Net profit after minority interest and share of associates was 5.98 billion rupees ($108 million) for the quarter ended June, compared with a profit of 53.5 billion rupees, including onetime...
  • Global shares recover, but fear on Greece remains May 17, 2012

    Tokyo: Asian shares on Thursday recovered a bit of the ground lost in the previous day's selloff, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. MSCI's broadest index of AsiaPacific shares outside Japan .MIAPJ0000PUS rose...
  • Greece batters global markets, euro sinks to 4month low May 17, 2012

    The euro plunged to a 4month low after Greece failed to form a coalition government and a fresh round of elections is in the offing. ...
  • Asian shares steady after selloff May 17, 2012

    Tokyo: Asian shares steadied on Thursday from the previous day's selloff, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. MSCI's broadest index of AsiaPacific shares outside Japan inched up 0.1 percent, after sliding more than...
  • Global markets in a turmoil over Greek crisis May 17, 2012

    New Delhi: The Greek tragedy continued to sink markets across the world. The euro plunged to a 4month low after Greece failed to form a coalition government and a fresh round of elections is in the offing. Analysts say US markets are bracing themselves for the worst. Stock markets fell...
  • Europe: markets fall on France downgrade fears August 11, 2011

    Berlin: New speculation that France could be downgraded by ratings agencies triggered a massive selloff of shares across Europe on Wednesday, wiping out gains recorded in Tuesday's session and cutting short hopes that markets will make a quick recovery before the global debt crisis escalates. European...
  • Markets down on global cues; no panic selling August 8, 2011

    The European market surprisingly opened up after ECB decided to buy the bonds of Italy and Spain. ...
  • European markets resist sharp fall August 8, 2011

    London: European shares reversed earlier losses and traded higher on Monday morning, with traders saying the European Central Bank was in the market buying bonds issued by Italy and Spain. On Monday morning, Spain's IBEX 35 index .IBEX surged 3.6 percent and Italy's FTSE MIB .FTMIB rose 4.4 percent, while the...
  • Dow falls to 5year low, automakers in crisis November 20, 2008

    New York: US stocks slid more than 5 per cent on Wednesday, taking the Dow Jones Industrial Average below the 8,000 mark for the first time in five years, amid gloomy financial news and fear for US automakers. The economic fears were fed by the release of minutes from the last...
  • Worldwide wreck: How mkts fell | Black Friday | Bush says October 10, 2008

    New York/London: US stocks plunged in early Friday trading in line with markets in Europe and Asia but then recovered some ground, with investors looking to an imminent G7 finance ministers meeting in Washington, D.C. for a further policy response to the deepening global credit crisis. The MSCI world equity index...
  • Mkts rebound on strong global recovery March 15, 2007

    Mumbai: After Wednesday's bloodbath, the markets opened on a very strong note on Thursday in line with its Asian peers. At 0956 hrs IST, Sensex was up 126 points at 12,656 and Nifty was up 47 points at 3,687. Asian stocks were mostly higher, as investors regrouped for a round...