Business Blog

Europe shares set to post 1st weekly loss since April

* FTSEurofirst 300 flat, Euro STOXX 50 down 0.2 pct * Euro STOXX 50 hits support on 50-day moving average * Buying convertibles seen good way to avoid pull-backs * Barclays halts sell-off sparked by U.S. dark pool lawsuit * Reuters poll shows further equity gains expected in H2 By Blaise Robinson PARIS, June 27 (Reuters) - European stocks were steady on Friday,
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Maplin sold to Pizza Hut UK owner

Electronics chain Maplin is sold to turnaround specialists Rutland Partners, which owns Pizza Hut UK and Bernard Matthews, for £85m.

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Bulgarian bank system 'under attack'

Bulgaria's central bank says there has been a systematic attempt to destabilise the country through attacks on the banking system.

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US STOCKS SNAPSHOT-Wall St ticks down at open, DuPont weighs

NEW YORK, June 27 (Reuters) - U.S. stocks edged lower at the open on Friday, with materials weighing the most after DuPont lowered its quarterly and yearly outlooks. The Dow Jones industrial average .DJI fell 18.4 points, or 0.11 percent, to...
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Deyaar sells Texas land to reinvest in Dubai

Deyaar Development PJSC (Deyaar), a Dubai-listed master developer, today informed the Dubai Financial Market about the sale of its 5.98 acre land in Houston, Texas.

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French strike: Passengers wait

Thousands of airline travelers are facing long delays and cancellations as a strike by French air traffic controllers intensifies, wreaking havoc with flight schedules across Europe.{MBD} {IMAGE}

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