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European shares are seen opening mixed on Wednesday, as Swiss lender UBS surprised investors with a bigger-than-expected 55 percent drop in its first-quarter net profit and a survey of purchasing managers by HSBC showed China’s manufacturing contracted for a sixth month in April.
Continue Reading →German stocks fell on Tuesday as several companies such as UBS and Alfa Laval posted weaker earnings and Greece’s talks with private bondholders for a debt-swap agreement continued. Adding to downbeat sentiment, the International Monetary Fund warned that China’s growth rate would drop abruptly in the event of a sharp recession in Europe.
Continue Reading →German stocks fell on Tuesday as several companies such as UBS and Alfa Laval posted weaker earnings and Greece’s talks with private bondholders for a debt-swap agreement continued. Adding to downbeat sentiment, the International Monetary Fund warned that China’s growth rate would drop abruptly in the event of a sharp recession in Europe.
Continue Reading →European shares are seen opening lower on Tuesday as bellwethers UBS and ArcelorMittal posted disappointing results and uncertainty continued over Greece’s debt situation.
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