A brief report providing a comprehensive look at major trading activity in the European markets.
As expected the European Central Bank has left its key interest rate at 1 percent, Euro zone unemployment up, Telefonica eyes T-Mobile UK
...MORETesco, Britain's biggest retailer, is unlikely to be interested in a bid for nationalized bank Northern Rock according to an industry source.
...MOREHouse prices rise in the United Kingdom, GM seeks alternative Opel bids, grim news for Arriva shareholders and Nestle confirms E-coli in its cookie dough.
...MOREThe British government puts off the sale of shares in its postal services operator, UBS tries to settle a U.S. tax probe and fraudster Bernard Madoff waits hears his fate.
...MOREEriccson's Carl-Henrick Svanberg appointed BP chairman.
...MOREOECD says downturn close to the bottom, ECB lends record 442 bln euros to banks, JP Morgan tops list of world's strongest banks.
...MOREEuro zone services recovery stalls in June, but manufacturing PMI shows improvement, US Justice Dept may drop UBS case, Thomson Reuters to delist from FTSE, Nasdaq.
...MORERoyal Bank of Scotland to break up Asian unit for sale, Anglo shares soar on Xstrata call for merger talks, Siemens expects 15 bln euros of stimulus orders.
...MORESwiss central bank calls for tougher rules, UK retail results worse than expected, Cadbury sees stronger H2, Saudi looks at new Eurofighter deal.
...MOREOne of Britain's big three supermarkets, Sainsbury, plans to expand in recession.
...MORECopyright info: Reuters
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