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European stocks sapped by weak economic data, travel curbs
Published at 22/01/2021 at 17:21 -
UK stocks under pressure from weak data on the economy
Published at 22/01/2021 at 17:12 -
European stocks head lower ahead of business activity data
Published at 22/01/2021 at 08:16 -
British shares slip as energy, mining stocks weigh
Published at 22/01/2021 at 08:13 -
UK Stocks-Factors to watch on Jan. 22
Published at 22/01/2021 at 07:48 -
UK Stocks-Factors to watch on Jan. 22
Published at 22/01/2021 at 06:25 -
European stocks run out of steam after ECB; energy shares weigh
Published at 21/01/2021 at 17:22 -
Energy stocks drag down FTSE 100, IG Group slides
Published at 21/01/2021 at 17:05 -
London stocks rise on swift economic recovery, U.S. stimulus optimism
Published at 21/01/2021 at 08:19 -
European shares extend gains on U.S. stimulus hope
Published at 21/01/2021 at 08:19
Forex News
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FOREX-Dollar gains after three-day fall as risk rally takes a breather
Published at 22/01/2021 at 20:38 -
FOREX-Dollar edges up after 3-day losing streak as risk rally pauses
Published at 22/01/2021 at 16:17 -
FOREX-Dollar inches up after three-day losing streak; risk currencies fall
Published at 22/01/2021 at 12:44 -
FOREX-Dollar stabilises after three-day decline; PMIs in focus
Published at 22/01/2021 at 09:03 -
FOREX-Dollar nurses weekly loss as bounce fades
Published at 22/01/2021 at 06:09 -
FOREX-Dollar's bounce fades as risk appetite rises
Published at 22/01/2021 at 01:45 -
FOREX-Dollar slides for third day on U.S. data, stimulus expectations
Published at 21/01/2021 at 20:55 -
FOREX-Dollar retreats for third day on U.S. data, stimulus hopes
Published at 21/01/2021 at 19:16 -
Bitcoin slumps 10% as pullback from record high gathers pace
Published at 21/01/2021 at 18:59 -
FOREX-Dollar drops for third day on U.S. stimulus optimism
Published at 21/01/2021 at 16:08
Market News
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Oil falls on China's COVID-19 cases, high crude build
Published at 22/01/2021 at 22:44 -
PRECIOUS-Gold falls more than 1% on firm dollar but on course for weekly gain
Published at 22/01/2021 at 19:10 -
REFILE-UPDATE 6-Oil falls as China COVID-19 cases trigger clampdowns
Published at 22/01/2021 at 16:43 -
PRECIOUS-Gold slips as dollar firms but still set for first weekly gain in three
Published at 22/01/2021 at 13:12 -
PRECIOUS-Gold slips as yields gain, but set for best week in five
Published at 22/01/2021 at 08:35 -
Oil drops as new COVID cases in China trigger clampdowns
Published at 22/01/2021 at 02:04 -
PRECIOUS-Gold dips as yields rise, but eyes best week in five
Published at 22/01/2021 at 01:11 -
Oil steadies after unexpected build in U.S. crude stockpiles
Published at 21/01/2021 at 20:06 -
PRECIOUS-Gold slips on profit taking; stimulus bets limit losses
Published at 21/01/2021 at 19:11 -
PRECIOUS-Gold steadies near 2-week high on dollar retreat
Published at 21/01/2021 at 12:31
UPDATE 2-Dealmaking edges European stocks higher as long lockdown looms
Published at
13/01/2021 at 17:25
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)
* Carrefour hits Aug 2019 high on Couche-Tard approach
* Telefonica jumps on mobile phone mast sale
* Orsted slides after profit warning
(Updates to market close)
By Amal S and Sruthi Shankar
Jan 13 (Reuters) - European stocks closed slightly higher on Wednesday, with deal-related gains in French grocer Carrefour and Spain's Telefonica offsetting wider concerns about extended COVID-19 lockdowns.
Carrefour shares rose 13.4% to their highest level since August 2019 after a surprise 16.2 billion euros ($19.72 billion) takeover approach from Canadian convenience-store operator Alimentation Couche-Tard .
Its stock led gains in Paris' CAC 40 , while shares in French rival Casino rose 3.9%.
Telefonica jumped 9.7% after it agreed to sell its mobile phone masts in Europe and Latin America to U.S.-based telecom infrastructure operator American Towers for 7.7 billion euros ($9.4 billion).
While deal activity drove swings in regional markets and sectors, the pan-European STOXX 600 index rose just 0.1% as investors paused after last week's strong rally.
Banks , travel companies and automakers
fell the most on fears that prolonged restrictions in Europe to control soaring coronavirus cases will further slow a recovery in earnings and economic growth.
"We're not going to see restrictions being lifted anytime soon, so that's adding to fears of a decline in economic activity," said David Madden, analyst at CMC Markets.
"The longer the economies are under lockdown the more likely we're going to have loan defaults. That's impacting the banks."
Germany, Britain and the Netherlands indicated strict COVID-19 curbs would last into early February and Italy said it would extend its state of emergency to the end of April.
Investors also kept an eye on political developments in Rome after former Prime Minister Matteo Renzi threatened to pull his tiny centrist party out of the ruling coalition.
Italy's current premier Giuseppe Conte told reporters he was working on a new coalition pact to last until the end of the legislature.
Italy's FTSE MIB rose 0.4%, while banking stocks
fell 0.7%.
JPMorgan cut its forecasts for Italy's economy, predicting that longer restrictions will result in no growth in the first quarter versus a previous forecast of 3.5% growth.
Danish offshore wind farm developer Orsted fell 4.9% after it said that a return to more normal wind speeds this year would hit operating earnings.
Just Eat Takeaway fell 4.1% as disappointing 2020 margin guidance overshadowed a 57% jump in fourth-quarter orders.
London Stock Exchange gained 1.8% after EU antitrust regulators gave the green light for its $27 billion takeover of Refinitiv.
Siemens Gamesa and Siemens Energy rose 1.6% and 4.2% respectively after the companies said they were developing a commercial offshore wind turbine that produces hydrogen via electrolysis.
(Reporting by Amal S and Sruthi Shankar in Bengaluru; Editing by Saumyadeb Chakrabarty and Alexander Smith)
((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 3677;))