Shares, euro steady after Cyprus bailout

European shares and the euro were steady on Tuesday, supported by some buyers taking advantage of a drop in prices on fears that Cyprus's raid on bank deposits could become the template

FTSE rebounds, banks cheer Cyprus bailout

Britain's FTSE 100 rebounded on Monday, bolstered by a last-minute bailout deal for Cyprus which helped restore confidence in the European banking sector. Cyprus secured the 10 billion euro ($13.00 billion) rescue