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European stocks decline ahead of Draghi testimony

  Bloomberg European stocks fell on Monday, with banking shares surrendering early gains, as concern increased about the region’s political risks and as investors await European Central Bank President Mario Draghi’s testimony at the European Parliament. The Stoxx Europe 600 Index was down 0.6 percent as of 1:56 p.m. in London, after erasing an earlier gain of 0.2 percent. The ...

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Treasuries, gold rise as US stocks slip with oil

  Bloomberg Treasuries rose with gold, while US and European equities slipped as a note of caution spread through global financial markets amid signs of growing political uncertainty in France and as investors await details from the Trump administration on promised pro-growth policies. The euro slumped versus the dollar and the region’s bonds advanced after prospective French presidential candidate Marine ...

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Ryanair cautious on outlook as fare slump clips quarterly profit

  Bloomberg Ryanair Holdings Plc reported an 8 percent drop in third-quarter earnings and said it’s “cautious” about meeting full-year targets as a capacity glut and stuttering economies cause fares to tumble. Profit after tax fell to 95 million euros ($102 million) in the three months ended Dec. 31 from 103 million euros a year earlier, Dublin-based Ryanair said in ...

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