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European markets end week with broken bones: is the party over?

LIVE MARKETS-European markets end week with broken bones: is the party over? Main U.S. indexes modestly red; Dow off ~0.3% Industrials weakest S&P 500 sector; Comm Svcs leads gainers Euro STOXX 600 index falls ~1% on the day, ~2.4% for the week Dollar up; gold adds ~1%; bitcoin off ~1%; crude ~flat U.S. 10-Year Treasury yield dips to ~4.22% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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French election worries rekindle market memories of UK budget rout

ANALYSIS-French election worries rekindle market memories of UK budget rout Bond markets spooked by snap French vote French/German yield gap set for biggest weekly jump since 2011 Spending plans stoke comparison with UK's 2022 budget crisis By Yoruk Bahceli and Dhara Ranasinghe June 14 (Reuters) - As the far right and leftist parties gain momentum ahead of France's surprise parliamentary election, pressuring President Emmanuel Macron's centrist administration, investors are starting to contempla
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ECB's Lagarde dodges question about French market turmoil

UPDATE 1-ECB's Lagarde dodges question about French market turmoil Adds detail and context in paragraphs 2-3, 6-10 DUBROVNIK, Croatia, June 14 (Reuters) - European Central Bank President Christine Lagarde largely dodged a question about turmoil in French financial markets on Friday, merely saying the ECB would deliver on its inflation target. French markets endured another brutal sell-off on Friday as investors cut their positions ahead of a snap election that might give a majority to the far ri
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How Macron's election gamble sowed panic in French markets

GRAPHIC-How Macron's election gamble sowed panic in French markets By Alun John and Harry Robertson June 14 (Reuters) - French stocks and the euro have tumbled this week as political uncertainty in France and the possibility of a far-right-dominated parliament spook investors, while the gap between French and German government borrowing costs has soared.
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Vodafone plans to sell $2.3 bln stake in India's Indus Towers, sources say

EXCLUSIVE-Vodafone plans to sell $2.3 bln stake in India's Indus Towers, sources say Adds stock moves in paragraph 4 By M. Sriram MUMBAI, June 14 (Reuters) - Vodafone Group VOD.L is looking to sell its entire $2.3 billion stake in India's Indus Towers INUS.NS through stock market block deals next week, two sources with direct knowledge said, as part of the British firm's effort to repay debt.
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Not yet time to buy the dip

LIVE MARKETS-Not yet time to buy the dip STOXX 600 falls 1.1% French politics roils markets CAC 40 drops 2.5% Wall St futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com NOT YET TIME TO BUY THE DIP French stocks are having a torrid week.
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French bonds and bank stocks rocked by political turmoil

UPDATE 1-French bonds and bank stocks rocked by political turmoil Updates with French bank debt insurance, Greek bond spread, Italian banks, volatility measures; refreshes prices at 1027 GMT By Amanda Cooper and Harry Robertson LONDON, June 14 (Reuters) - French markets endured another brutal sell-off on Friday as political uncertainty unleashed the biggest weekly jump in the premium investors demand to hold French government debt since 2011 and bank stocks tumbled.
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Vodafone wants to sell $2.3 bln stake in India's Indus Towers, sources say

EXCLUSIVE-Vodafone wants to sell $2.3 bln stake in India's Indus Towers, sources say Adds detail, context, signifinance By M. Sriram MUMBAI, June 14 (Reuters) - Vodafone Group VOD.L is looking to sell its entire $2.3 billion stake in India's Indus Towers INUS.NS through stock market block deals next week, two sources with direct knowledge said, as part of the British firm's effort to repay debt.
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Vodafone looks to sell $2.3 bln stake in India's Indus Towers, sources say

EXCLUSIVE-Vodafone looks to sell $2.3 bln stake in India's Indus Towers, sources say By M. Sriram MUMBAI, June 14 (Reuters) - Vodafone Group VOD.L is looking to sell its entire $2.3 billion stake in India's Indus Towers INUS.NS through stock market block deals next week, two sources with direct knowledge said, part of the British firm's effort to repay debt.
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French stocks set for worst weekly loss since 2022, as snap elections weigh

REFILE-BUZZ-French stocks set for worst weekly loss since 2022, as snap elections weigh Removes extraneous word from headline tag, fixes Macron spelling in para 1 ** French stocks are set to score their biggest weekly losses since Russia invaded Ukraine as political risks take center stage after President Emmanuel Macron's called for snap elections
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French markets caught in a storm as bonds, bank stocks hit

French markets caught in a storm as bonds, bank stocks hit By Amanda Cooper and Harry Robertson LONDON, June 14 (Reuters) - French markets endured another brutal sell-off on Friday, as political uncertainty unleashed the biggest weekly jump in the premium investors demand to hold French government debt since 2011 and bank stocks tumbled. France's Finance Minister Bruno Le Maire warned the euro zone's second-biggest economy faces the risk of a financial crisis after being thrown into turmoil by P
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French stocks drag European shares lower on political turmoil

UPDATE 2-French stocks drag European shares lower on political turmoil For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Banks lead sectoral declines H&M rises on UBS upgrade STOXX 600 down 1% Updated at 1550 GMT By Shristi Achar A and Shashwat Chauhan June 14 (Reuters) - European shares d ropped in a broad-based selloff on Friday, m arking a weekly loss amid political turmoil in France that has sent the French benchmark reeling .
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Spanish stocks - Factors to watch on June 14

Spanish stocks - Factors to watch on June 14 June 14 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: REPSOL REP.MC Saudi Aramco 2223.SE has hired BNP Paribas to negotiate its entry into Repsol's renewable unit as a minority shareholder, the Spanish newspaper Expansion reported on Friday citing several unidentified market sources.
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French banks BNP Paribas and BPCE in payments sector tie-up

UPDATE 1-French banks BNP Paribas and BPCE in payments sector tie-up Adds detail from statement, call with executives PARIS, June 13 (Reuters) - BNP Paribas BNPP.PA , the euro zone's biggest lender, and French rival BPCE plan to form a joint venture in the payments sector, the two companies said on Thursday. They will compete against Nexi NEXII.MI and Worldline WLN.PA , with the aim of operating the third-biggest payments processor in Europe, the pair said.
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Germany's Flix eyes stake sale in IPO rethink, sources say

Germany's Flix eyes stake sale in IPO rethink, sources say BERLIN/FRANKFURT, June 13 (Reuters) - German bus and train services company Flix is seeking alternatives to a stock market listing and is in talks with investors including private equity firm EQT EQTAB.ST on a potential stake sale, two people close to the matter said. Talks are at an early stage, the sources said.
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French banks BNP Paribas and BPCE in payments sector tie-up

French banks BNP Paribas and BPCE in payments sector tie-up PARIS, June 13 (Reuters) - BNP Paribas BNPP.PA , France's biggest bank by market capitalisation, and rival BPCE plan to form a strategic partnership in the payments sector, they said in a joint announcement on Thursday. Reporting by Sudip Kar-Gupta Editing by David Goodman
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Euro zone banks’ periphery premium is here to stay

BREAKINGVIEWS-Euro zone banks’ periphery premium is here to stay The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, June 13 (Reuters Breakingviews) - Banks in the euro zone periphery are once again at the centre of investors’ attention – but for a new reason. Lenders in Ireland, Italy, Greece and Spain on average trade at a roughly 30% valuation premium to those in so-called core countries like Germany, France and the Netherlands.
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Santander's Botin bets on tech revamp starting with US consumer banking

Santander's Botin bets on tech revamp starting with US consumer banking Santander to roll out new platform in US, globally - Botin Hiring in US CIB starting to pay off, exec chair says Spanish bank recently became most valuable lender in euro zone By Jesús Aguado, Tommy Reggiori Wilkes and Elisa Martinuzzi LONDON, June 12 (Reuters) - Spain's Santander SAN.MC plans to make the United States the launch pad for a revamped platform serving consumer customers that it will roll out globally, Ana Boti
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Credit Agricole, Hermes, Whitbread

EUROPE RESEARCH ROUNDUP-Credit Agricole, Hermes, Whitbread June 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Credit Agricole, Hermes and Whitbread, on Wednesday. HIGHLIGHTS * Credit Agricole CAGR.PA : Jefferies raises to buy from hold * Flutter Entertainment Plc FLTRF.L : JP Morgan cuts target price to 20,700p from 21,300p * Hermes HRMS.PA : Barclays cuts target price to EUR 2320 from EUR 2410 * Renew Holdings Plc RNWH.L : Ber
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Politics driven selloff in French banks 'overdone' - Jefferies

BUZZ-Politics driven selloff in French banks 'overdone' - Jefferies ** "The politics-driven selloff on the French banks is overdone," Jefferies says, seeing this as an opportunity given the revenue-driven turn in EPS momentum and business characteristics that protect on lower rates ** French banks have been on a losing streak after president Macron
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