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Europe investors fail to tap market optimism

Bloomberg Investors in European companies reliant on developing nations for revenue are proving less bullish in the prospects for a rebound in emerging markets than firms including Citigroup Inc. and Fidelity Investment Management. The region’s shares with the highest exposure to developing countries trade near record lows relative to those reliant on Europe and the U.S., according to Morgan Stanley ...

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Do not come to Europe’, warns Tusk to economic migrants

Athens / AFP EU President Donald Tusk on Thursday issued a stark warning to economic migrants not to come to Europe, as he castigated countries for taking unilateral action to tackle the crisis. On a visit to Greece — on the frontline of Europe’s worst migration crisis since World War II — Tusk told economic migrants it was pointless to ...

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Pound rally ends as British economy loses momentum

Bloomberg The pound ended its longest run of gains in seven months versus the euro and struggled to maintain a rally against the dollar as evidence mounted that the U.K. economy is losing momentum. Sterling retreated against 12 of its 16 major counterparts after a February index of U.K. services, which account for about three quarters of the nation’s output, ...

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