Arnaud Scarpaci News
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European stocks were little changed, with the Stoxx Europe 600 Index falling for the first week in a month, as Cypriot lawmakers sought to unlock a 10- billion-euro ($13 billion) bailout fund.
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German stocks advanced for the fourth day in five as U.S. lawmakers continued budget discussions and after a report showed Chinese manufacturing expanded at a faster-than-expected pace.
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U.K. stocks rose to their highest level since May 2008 as Vodafone Group Plc climbed and Alcoa Inc. kicked off the U.S. earnings season by posting sales that beat estimates.
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German stocks declined, paring last week’s biggest advance this year, as euro-area finance ministers met to discuss further financial aid for Greece.
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European stocks fell, dragging the Stoxx Europe 600 Index from a 17-month high, as U.S. consumer spending unexpectedly declined and American lawmakers continued to negotiate a deal on the federal budget.
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U.S. stocks rose, sending the Standard & Poor’s 500 Index to an almost two-month high, as investors weighed prospects for a budget deal in Washington. The yen fell to 20-month low as the Liberal Democratic Party returned to power on calls for more monetary easing.
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Havas SA, the French advertising company known for its Evian roller baby commercials, is poised to join the industry’s biggest wave of deals on record.
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European stocks fell, even as the Stoxx Europe 600 Index completed its second straight monthly rally, after companies including BP Plc and UBS AG posted earnings that missed forecasts and investors awaited the outcome of a two-day Federal Reserve meeting.
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European stocks climbed, halting a four-day decline for the benchmark Stoxx Europe 600 Index, as yields on benchmark Spanish bonds slipped amid speculation that the country’s government will soon ask for a bailout.
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Most German stocks rose, as the DAX Index erased losses in the final hour of trading amid speculation Spain will seek a second European Union-led bailout.
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