Headline Details

Europe shares set for biggest weekly loss in 2-1/2 years

Published on: Fri, 12 Dec 2014 12:17:59 UTC
News Agency: Reuters
* FTSEurofirst 300 down 1.6 pct, bringing weekly loss to 4.9 pct * $300 bln wiped off oil companies' market value since June * Pictet bearish on euro zone stocks for 2015 By Blaise Robinson PARIS, Dec 12 (Reuters) - European stocks tumbled again on Friday, leaving them on course for their biggest weekly loss since May 2012 as shares in oil and oil services firms sank further along with crude oil prices. The STOXX oil and gas index has plummeted 29 percent since June. The sel

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