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Europe midday: Shares flat as eurozone retail sales dent sentiment
European shares were flat at midday after worse-than-expected eurozone retail sales dented earlier positive sentiment driven by results from tech giant Apple.
Europe open: Apple, Scatec, IAG results boost sentiment
European shares opened higher on Friday as better-than-expected results from tech giant Apple boosted sentiment, despite lingering fears over the stability of the US banking system.
Eurozone retail sales fall 3.8% in March
Retail sales in the eurozone fell by 3. 8% in March and an annual basis, worse than the 3. 1% forecast as the cost-of-living crisis continues to hit consumer spending power, according to official data released on Friday.
IAG lifts guidance on summer demand as Q1 beats forecasts
British Airways-owner IAG on Friday lifted its full year earnings forecasts on the back of strong summer demand as first-quarter profits beat expectations.
Ithaca, Shell strike deal on Cambo stake sale
Ithaca Energy on Friday said it had struck a deal with Shell to market the latter’s 30% stake in the giant Cambo North Sea oil and gas prospect.