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Tag: Royal Dutch Shell

Markets trend down as US-China trade talks hit obstacle

Global stocks sold off while investors raced for the safety of the Japanese yen and some government bonds on Wednesday as concerns rose that setbacks to US-China trade talks would undermine world economic growth. US president Donald Trump said trade discussions with China would need to be rerouted, saying the current track appeared “too hard […]

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Shares bounce on hopes for US-China breakthrough

European shares touched their highest level since the start of February on Tuesday as car makers and bank stocks climbed and Italian shares recovered. In London, the FTSE 100 hit its third record high in one week, with stocks buoyed by signs of continued improvement in the trading relationship between the US and China. US […]

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Oil stocks and online supermarket Ocado buoy European equities

European shares rose on Thursday to a fresh three-month high as oil stocks rallied and online supermarket Ocado shot up after it signed a game-changing deal in the United States. The pan-European Stoxx 600 ended up 0.7 per cent, while Italy’s benchmark index bounced 0.3 per cent following heavy losses in the previous session on […]

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Oil rally drives European shares higher

European shares were supported on Wednesday by strength in oil stocks after US president Donald Trump pulled the United States out of Iran’s nuclear agreement, boosting crude prices. While some well-received earnings updates also provided support to the overall market, shares in companies with exposure to Iran fell, with plane maker Airbus and car makers […]

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Smurfit Kappa gains in Dublin after positive trading update

Healthcare and technology companies led gains in European equities on Friday as the euro slipped amid mounting concern about the region’s economic outlook. Financial stocks recovered some earlier losses incurred after disappointing earnings reports from BNP Paribas, Société Générale and HSBC. Wall Street was led by gains for Apple after Berkshire Hathaway, the company owned […]

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European shares dip ahead of new US sanctions on Russia

European shares fell on Monday as investors awaited new US sanctions on Russia, while losses were limited as the market expected there would be no immediate military escalation in Syria following the weekend’s American-led strike. Trading remained cautious as tensions between Western powers and Russia persisted and markets braced for new US sanctions on Russia […]

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Shares rise as China’s Xi backs away from trade war

European shares rose on Tuesday after Chinese president Xi Jinping promised to cut import tariffs, fuelling optimism that a trade war between his country and the US could be averted. Gains were widespread, with the STOXX 600 closing up 0.82 per cent, slightly below Wall Street, where the S&P 500 was up 1.8 per cent […]

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Gary Cohn resignation spooks global investors

Global investors were largely fretting about the potential of a trade war on Wednesday after the resignation of Donald Trump’s economic advisor Gary Cohn. The exit of Mr Cohn, a staunch free trade supporter, from the White House made the imposition of steel and aluminium tariffs more likely. The two-day rally of British stocks ran […]

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AIB shares turn volatile on talk of further State sale

European markets generally managed to take the fall-out from Italian elections in their stride on Monday, with AIB coming into focus in late trading in Dublin as Minister for Finance Paschal Donohoe reignited speculation of a further sell-down of the State’s stake in the lender. The pan-European Stoxx 600 index edged 1 per cent higher […]

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European shares build on post-selloff recovery

European shares gained further ground after the carnage of last week, with the pan-European Stoxx 600 ending up 0.5 per cent at its highest level in a week. The main European stock index is still 6.7 per cent lower than the two-and-a-half year high hit on January 23rd. Although US inflation came in higher than […]

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