Ryanair dominates Irish market with share buyback announcement

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European stocks were flat after latest US jobless claims data helped ease concerns of slowdown

European stocks pared all earlier losses and ended the day flat after the latest US jobless claims data helped ease economic slowdown fears.

Retailers led losses on the index with a 1.1 per cent decline, while the real estate mostly pulled down the benchmark index. The Stoxx 600 closed 0.1 per cent higher, after a sharp early decline in technology stocks knocked the pan-European index down over 1 per cent across the day.

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