Europe News
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Updated 15 minutes ago
European stocks rallied, following the Stoxx Europe 600 Index’s first annual loss since 2008, after manufacturing in Germany and China beat forecasts. French bonds fell before debt sales this week and the euro weakened.
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Updated 25 minutes ago
The Bovespa stock index advanced, following its first annual loss since 2008, as Brookfield Incorporacoes SA led a rally by homebuilders as economists cut their forecast for Brazil’s inflation for a fifth-straight week.
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Updated 36 minutes ago
Manufacturing in India and China improved in December, a sign the world’s fastest-growing major economies are withstanding Europe’s debt crisis.
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Updated 1 hour, 19 minutes ago
Emerging-market stocks fell for the first time in three days as concern Europe will struggle to contain the debt crisis offset reports showing growth in manufacturing in countries from China to India.
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Updated 2 hours, 23 minutes ago
European stocks gained on their first trading day this year, following the Stoxx Europe 600 Index’s first annual loss since 2008, as a measure of German manufacturing beat estimates and a gauge of utilities rose.
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Updated 2 hours, 23 minutes ago
German stocks advanced on the first trading day this year, following a 15 percent annual loss for the benchmark DAX Index in 2011, as the country’s manufacturing output beat estimates in December.
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Updated 2 hours, 38 minutes ago
Petroplus Holdings AG’s refining halt at units in Normandy today may mark the plant’s end, a union said, shrinking the crude-processing industry in France that may have posted losses of 800 million euros ($1.04 billion) in 2011.
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Updated 3 hours, 21 minutes ago
German government bonds fell, pushing the 10-year yield higher for the first time in five days, as European stocks gained and a Chinese manufacturing gauge rose in December, fueling optimism the global economy may stabilize.
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European leaders return to work this week seeking to buy time for the Spanish and Italian governments to wrest control over their debt and rescue the single currency from fragmentation in its 10th anniversary year.
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Pakistan’s inflation slowed in December to the lowest level in 25 months, giving the central bank scope to cut interest rates.
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