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Europe: Sainsbury's sinks but Lloyds, trade hopes lift FTSE 100[LONDON] London's main bourse rose as Lloyds gained after promising to return cash to shareholders and optimism prevailed over China-US trade talks. Read more at The Business Times.
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Europe: Wall Street lifts shares, FTSE lags on strong pound[LONDON] Fading optimism about US-China trade talk weighed on European shares at the start of the session on Tuesday but a rising Wall Street lifted sentiment, while London's FTSE 100 lagged the broader markets as the sterling rallied. Read more at The Business Times.
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Europe: Oil firms, exporters drag FTSE 100, while Sainsbury's, LSE outshine[LONDON] London's FTSE 100 dipped to a one-month low on Wednesday as oil majors dived after US inventories bulked up and a rise in pound knocked exporters, but gains in Sainsbury's and LSE following upbeat results helped cushion the fall. Read more at The Business Times.
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Europe: Hopes Britain will reject no-deal Brexit buoy shares[LONDON] European shares jumped on Wednesday as investors bet British lawmakers would vote to reject a disorderly no-deal Brexit, but underwhelming results from Inditex and Adidas kept gains limited. Read more at The Business Times.
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Europe: Sliding car stocks drag Europe down as investors hit the brakes[LONDON] European shares stalled on Wednesday as weak results from the troubled auto sector weighed and investor confidence in a rally that has sent stocks shooting up this year showed signs of fraying. Read more at The Business Times.
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