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Showing posts with the label Stocks and Markets in the News | Europe and MiddleEast.

Stocks and Markets in the News | Europe and MiddleEast: Europe stocks drop as summit hopes fade

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Europe-MiddleEast Oil lower on fears summit to accomplish little Crude futures pull back toward $78 a barrel as traders weigh the dollar, prospective demand for oil and a summit of European leaders. Europe stocks drop as summit hopes fade Banking shares push European stock markets lower Thursday amid a widening interest-rate-manipulation scandal, and as investors fret about the latest euro-debt crisis summit. 12:18 p.m. Today   Barclays weigh on U.K. stocks after Libor scandal Barclays PLC tumbles Thursday and adds pressure on the benchmark U.K. stock index amid worries of further consequences after a Libor manipulation scandal, while investors fret that a much-anticipated European Union summit would fail to contain the region’s debt problems. 12:16 p.m. Today Europe-MiddleEast Headlines German DAX 30 tanks 1.8% after u

Stocks and Markets in the News | Europe and MiddleEast: Greek finance minister to step down: AP

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Europe-MiddleEast Greek finance minister to step down: AP CHICAGO (MarketWatch) -- Greek Finance Minister Vasilios Rapanos will resign from that post, the Associated Press reported Monday. Though no reason was given, Rapanos was rushed to a hospital Friday, suffering from dizziness, severe abdominal pain and nausea. Rapanos, who had previously served as chairman of the National Bank of Greece, had been the country's finance minister for less than a week. His exit comes as Greece and other European nations are struggling to resolve a debt crisis that has gripped the continent for several years. Shire leads FTSE 100 lower; banks, miners off   Drug maker Shire takes a big hit, weighing on London stocks, as banks and miners also trade lower. European stocks slump ahead of EU summit European stocks drop broadly as investor expectations diminish in the run-up to a