FTSE extends losses, falls 0.25% (AFP)
Global stocks dip as investors cautious on recovery (Reuters)
Analysis: Russia plays checkbook diplomacy (AP)
European stocks extend losses (AFP)
Clearing key to making derivatives safer: EU (Reuters) Reuters - Derivatives pose risks on financial markets that central clearing of contracts would mitigate, the European Commission said on Friday, outlining plans that fall short of more radical U.S. steps. European stocks rise at open (AFP)
ECB holds rates, to start buying bonds next week (Reuters)
ECB keeps interest rate at 1 pct (AP) AP - The European Central Bank left its benchmark interest rate unchanged at 1 percent Thursday, preferring to wait and see if its "spectacular" infusion of credit into the banking system will loosen lending to consumers and businesses in the euro zone's struggling economy. FTSE 100 shares fall sharply (AFP)
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AP - European stock markets traded in a narrow range Friday as investors caught their breath after big losses the day before on U.S. jobs data. Wall Street's closure for the Independence Day holiday kept trading volumes exceptionally light.
AFP - The FTSE 100 weakened further on Friday after sliding a day earlier on news of greater-than-expected job losses in the United States.
AP - Russia is using its energy wealth to shore up influence abroad, pouring billions of dollars in loans and grants into former Soviet states and long-standing allies — even as it faces its own severe economic downturn.
AFP - Europe's main stock markets weakened further on Friday after sliding a day earlier on news of greater-than-expected job losses in the United States.
Reuters - The European Central Bank kept euro zone interest rates at 1.0 percent on Thursday, bolstering expectations they will stay there well into next year, and said it would start buying bonds next week.
AFP - Stocks in London ended the session sharply down Thursday on the back of dire unemployment figures released in the US and in the eurozone, where the rate hit a 10-year-high.
