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European shares, euro lower as earnings add to woes
Jul 26th, 2012
LONDON (Reuters) - European shares and the euro fell on Thursday as persistent worries about Spain and Greece combined with disappointing company earnings to undermine investors' confidence, but moves were limited by talk that central banks may be prompted into action. Both the U.S. Federal Reserve and the European Central Bank hold policy meetings next week, heightening speculation they may act to boost the slowing world economy and consider fresh approaches to tackling the euro zone's debt problems. ... (Source: Reuters) -
TUNIS, Tunisia (AP) - A Tunisian court on Wednesday convicted three European feminist activists who staged a topless courthouse protest last month, sentencing them to four months and a day in prison, a court official said. The defense called the sentence far too harsh. (Source: Associated Press)... [Full Article]
TOKYO (AP) - Jitters over a possible change in U.S. stimulus efforts by the Federal Reserve helped pull share prices mostly lower in early Asian trading Tuesday. (Source: Associated Press)... [Full Article]
ATHENS, Greece (AP) - The head of Europe's public broadcasters arrived in Greece to show support for 2,600 fired staff of the country's state broadcaster and demand the conservative-led government put the stations back on the air. (Source: Associated Press)... [Full Article]
FRANKFURT (Reuters) - Germany's biggest lender, Deutsche Bank , warned that litigation costs and its moves to trim costs and reduce balance sheet risks could hit earnings for the remainder of this year. The bank, facing legal battles on a number of fronts, increased litigation provisions to 2.4 billion euros ($3.13 billion) earlier this year. ... [Full Article]
VATICAN CITY (AP) - The Vatican put a new coin on sale last week to commemorate its historic papal transition. Too bad overseas collectors won't be able to buy it for months. (Source: Associated Press)... [Full Article]