European earnings suggest delay to recovery

Major European industrial groups reported lower profits on Thursday despite some stabilisation due to cost-cutting and government help, and said they did not expect a quick economic recovery. Updates from engineering, oil,

European earnings, China lift stocks, commods

World stocks and commodity prices rose on Thursday after China's central bank reaffirmed its commitment to "appropriately loose" monetary policy and European company earnings cheered investors. The dollar and government bonds fell.

BT Q1 earnings beat forecasts, boost shares

British telecoms group BT posted a better-than-expected 3 percent fall in first-quarter adjusted core earnings and said it had made a good start to its cost cutting programme, sending its shares soaring.

Earnings dominate as FTSE rises 0.5 pct

Britain's top share index gained 0.5 percent in early deals on Thursday fueled by strength in miners and energy issues after results from Royal Dutch Shell, with investors digesting a slew of