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FTSE Eurofirst 300 is flat – helped by corporate action from the likes of Reckitt Benckiser and Danone – after its Asia-Pacific peer added 0.3%
Moody’s raises Lisbon’s credit rating to one notch below investment grade, lifting bond prices and pushing borrowing costs to a three-week low
Figures spark worries that deleveraging has slowed amid criticism that, years after the financial crisis, many in sector are still ‘too big to fail’
Overseas investors cheer opening up of Saudi Arabia’s stock market, targeted for 2015, which will give direct access to Middle East’s largest economy
Irish low-fare carrier extends upper end of its expected earnings by €30m to €650m, which helps improve sentiment towards wider sector
Companies which have redefined their industry have risen independently of broad malaise, but if growth picks up they face a switch to cyclical strategies
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