(Bloomberg) -- European stocks declined for the first
time in three days after former Federal Reserve Chairman Alan
Greenspan said shares in China, the world's fastest growing major
economy, could face a ``dramatic contraction.''
BHP Billiton Ltd. and Arcelor Mittal paced a drop by
companies most dependent on sales in China. GlaxoSmithKline Plc
slipped for a fourth day after a study linked its Avandia
diabetes drug to an increased risk of heart attacks. Cable &
Wireless Plc limited losses as the U.K.'s second-biggest phone
company reported earnings that exceeded analysts' estimates.
Read more at Bloomberg Stocks News
time in three days after former Federal Reserve Chairman Alan
Greenspan said shares in China, the world's fastest growing major
economy, could face a ``dramatic contraction.''
BHP Billiton Ltd. and Arcelor Mittal paced a drop by
companies most dependent on sales in China. GlaxoSmithKline Plc
slipped for a fourth day after a study linked its Avandia
diabetes drug to an increased risk of heart attacks. Cable &
Wireless Plc limited losses as the U.K.'s second-biggest phone
company reported earnings that exceeded analysts' estimates.
Read more at Bloomberg Stocks News
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