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European shares cautiously up

Strong company results and encouraging economic data lifted European shares on Friday, though investors remained cautious ahead of the results of stress tests on the continent’s banks after market close. At 1049 GMT the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,042.36 points, having risen 3.2 percent in the previous [...]

India 3G airwave race gathers

Telecoms firms including Bharti Airtel, Vodafone and Etisalat will vie for third-generation (3G) Indian mobile spectrum in an April auction, as they clamour for capacity for new services. The next-generation technologies would allow high-speed Internet access and data transfer on mobile phones and boost usage of data services, where margins are higher. More spectrum would [...]

Europe shares close down on US data

European shares ended lower on Wednesday, dropping for a second consecutive session, as gains in mining stocks failed to offset weak US macroeconomic data that showed an unexpected fall in housing starts in October. The FTSEurofirst 300 index of top European shares provisionally ended down 0.2 per cent at 1,028.14 points, having hit a fresh [...]