| Swatch results trigger losses for luxury stocks |
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Swiss watchmaker falls 4.6 per cent after its results come in below expectations with its losses exacerbated by its 2012 performance so far
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| Worries about Greece hobble rally |
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Investors are torn between fears of Greek default and hopes for global economic recovery
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| Julius Baer hit after weak results and US probe |
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Weak results and an ongoing US investigation into allegations of tax evasion among Swiss banks hit Julius Baer which saw its shares fall 4.7%
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| Volatile banks push Europe higher |
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Rapid gains for Société Générale and Crédit Agricole helped the FTSE Eurofirst rise for the fourth consecutive session on Friday
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| Regulators probe sale of Mecom’s Norway business |
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Norwegian Media Authority says deal breaches antitrust laws because vendor would monopolise circulation in certain regions
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| Spain caps senior pay at bailed-out banks |
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Executives limited to €600,000 a year, in some cases cutting bankers’ income by three-quarters
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| Growing pains for industry in a hurry |
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A raft of challenges made 2011 the toughest year yet for providers
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| Weak corporate results hit European stocks |
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Weak corporate results weigh on European equities as expectations of a breakthrough on Greek debt stymie trading
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| Shell outlines aggressive growth strategy |
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Europe’s largest oil company by market capitalisation promises a dividend rise as it announces plans to shift focus away from shale gas
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| US stocks rebound on solid manufacturing data |
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Wall Street was back in tune with global markets on Wednesday, as stocks opened higher after a rash of positive global manufacturing survey data
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| Deutsche Börse-NYSE merger blocked |
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European Commission says tie-up would stifle competition despite claims a combined company would be a ‘European champion’
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| EU enforcer takes on the big shots |
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Joaquín Almunia, EU competition commissioner, will not be swayed by political pressure as he tackles the likes of Google, Samsung and Apple
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| Europe thwarts DB-NYSE deal |
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Decision overcame last-ditch resistance from a handful of fellow commissioners, underlining the clout and resolve of competition watchdog
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| Block points to future of global alliances |
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Niederauer says priority for NYSE will now be to concentrate on building up its post-trade business
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| Why Brussels rejected DB/NYSE deal |
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The formal block of the Deutsche Börse-NYSE Euronext merger by European antitrust officials has shone a light on the regulator’s reasoning
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| NYSE board stands by Niederauer |
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Chairman says full board of directors is ‘fully supportive’ of chief executive despite the failure of attempted tie-up with Deutsche Börse
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| European lenders gain on refinancing hopes |
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Banking stocks rally as expectations surrounding the European Central Bank’s second longer-term refinancing operation lift sentiment
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| House price fall triggers Wall St reversal |
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US stocks had opened higher on the eurozone deal but falling house prices and consumer confidence led to a reversal in stocks
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| India boost for Dassault as jet is frontrunner |
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French manufacturer enters exclusive talks as its Rafale beats the Eurofighter Typhoon to be the preferred bidder for $20bn fighter deal
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| EU to rule on D Börse and NYSE merger |
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Senior officials are confident that Brussels commissioners will back Joaquín Almunia and prohibit the bid that allegedly stifles competition
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