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European Stock Indices Edge Lower and U.K. Rate Worries Resurface

  • Aired: 1/27/2014
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Synopsis >

European stocks' two-day rally ends as worries about the impact of the crisis in Ukraine on world economies returned following an Obama speech yesterday. The FTSE fares the worst of the major European indices as strong February retail sales figures revive fears of rising interest rates. In London Babcock prepares to sell $1.8 billion of shares at a deep discount to fund an acquisition, and in Tokyo SoftBank and affiliate Yahoo Japan shuffle assets in a $3.2 billion deal.

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