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Fri Aug 15, 6:56 AM ET LONDON (AFP) - Europe's main stock markets extended gains on Friday after an overnight rally on Wall Street which also helped to lift Japanese share prices, dealers said.
In late morning European trading, the FTSE 100 index of to..
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Fri Aug 15, 4:28 AM ET LONDON (Reuters) - Oil dropped by $2 to $113 a barrel on Friday to trade near the lowest since early May, pressured by faltering global demand and rising supply.
Crude has fallen sharply since reaching an all-time high of $147.27..
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By Margaret Orgill 1 hour, 25 minutes ago LONDON (Reuters) - Oil fell $4 to below $116 on Friday in line with declines across the commodities complex as weaker demand and a stronger U.S. dollar outweighed concern conflict in Georgia could disrupt Caspia..
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By Golnar Motevalli 1 hour, 53 minutes ago LONDON (Reuters) - Oil fell below $120 a barrel on Monday, pressured by evidence of rising OPEC output in the midst of declining demand in the United States and Europe.
The losses, adding to a record slide fro..
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Wed Jul 30, 12:36 PM ET LONDON (AFP) - Blue chips closed higher as Wall Street remained firmer, with Rexam, Admiral and Aviva all continuing to gain after positive earnings news.
At close, the FTSE 100 index was up 101.5 points to 5,420.7, near a sessi..
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Tue Jul 29, 12:32 PM ET LONDON (AFP) - Blue chips closed firmer on Tuesday, amid gains on Wall Street as the price of crude fell, and as UK banks clawed back some of their earlier losses.
At the close, the FTSE 100 index was up 6.6 points to 5,319.2...
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By Ben Hirschler 2 hours, 3 minutes ago LONDON (Reuters) - The world's two biggest drugmakers, Pfizer Inc (PFE.N) and GlaxoSmithKline Plc (GSK.L), both beat expectations for quarterly earnings on Wednesday, as did Wyeth (WYE.N), indicating the sector's..
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Mon Jul 21, 6:50 AM ET LONDON (AFP) - Europe's main stock markets fell on Monday when the financial services sector was dampened by news of a disappointing rights issue from British home loan provider HBOS, dealers said.
By late morning, London's FTSE..
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By Jane Merriman 1 hour, 10 minutes ago LONDON (Reuters) - Oil rose back above $130 a barrel on Monday after inconclusive talks at the weekend between Iran and world powers helped the market to recover from its biggest one-week slide on record.
Tropica..
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By Santosh Menon 1 hour, 7 minutes ago LONDON (Reuters) - Oil rose above $136 a barrel on Thursday, as investors resumed buying after its recent sharp drop and boosted by fresh cuts to Nigerian oil output.
U.S. crude rose $1.70 to $136.30 a barrel at 1..
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1 hour, 1 minute ago LONDON (Reuters) - Oil fell sharply on Wednesday after U.S. government data showed a rise in crude oil and gasoline stocks last week.
Prices had already dropped steeply in the previous session on expectations that a faltering econo..
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By Santosh Menon 6 minutes ago LONDON (Reuters) - Oil tumbled by more than $9 to near $136 a barrel in volatile trading on Tuesday on profit-taking driven by technical factors and as fears receded that a strike by Brazilian oil workers would hit supplie..
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Thu Jul 10, 12:54 PM ET LONDON (AFP) - UK blue chips closed lower, as a loss of confidence in the retail sector after a number of downbeat broker notes and weakness among banking stocks outweighed strength from the Dow Jones Industrial Average.
At the..
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By Ikuko Kao 40 minutes ago LONDON (Reuters) - Oil tumbled to below $136 on Tuesday, dropping by about $10 this week, as the dollar gained and concern eased over an Atlantic hurricane.
U.S. light crude fell more than $6 to as low as $135.14 a barrel, t..
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Mon Jul 7, 7:28 AM ET LONDON (AFP) - European equities chased Asian markets higher on Monday, with oil-exposed stocks boosted by easing crude prices, as investors awaited Wall Street's reopening after a long US holiday weekend.
London's FTSE 100 index..
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By Matt Falloon and David Lawder 1 hour, 50 minutes ago LONDON (Reuters) - A weaker dollar cannot be blamed for soaring oil prices as policymakers around the world tussle with the twin specters of rising inflation and slowing growth, U.S. Treasury Secre..
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by Roland Jackson 1 hour, 57 minutes ago LONDON (AFP) - Clothing-to-food retailer Marks and Spencer, regarded as a barometer of consumer sentiment in Britain, saw its share price dive by almost a quarter Wednesday after delivering a gloomy profits warni..
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2 hours, 9 minutes ago SYDNEY, Australia - Australia's Westfield Group Ltd. said Wednesday it has reached agreements with British government and Olympic agencies to start building a 1.5 billion pound ($3 billion) shopping mall in east London.
Westfield..
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Tue Jul 1, 6:36 AM ET LONDON (AFP) - Europe's main markets slumped on Tuesday, the start of the third quarter, as oil prices jumped back toward record highs, fuelling worries about rising inflation.
London's FTSE 100 index of leading shares was down by..
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By Ikuko Kao 48 minutes ago LONDON (Reuters) - Oil rose by nearly $3 on Tuesday after the International Energy Agency revived concerns about long-term supply shortages and tension between Israel and Iran raised fears about possible outages in the much n..
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