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Europe close: Shares shrug PMIs as attention shifts to rate move implications
European stock markets shrugged off weak eurozone flash PMI data and looked ahead to see how it would impact the European Central Bank's future moves on interest rates when it meets later in the week.
Europe midday: Shares rally despite downbeat EZ PMI data
European stock markets rallied at midday on Monday as investors eyed a trio of rate decisions this week from the US, European Union and Japan along with another deluge of earnings and eurozone PMI flash readings.
FTSE 250 movers: Ryanair caution hits airlines
Airlines were out of favour after low-cost carrier Ryanair sounded a cautious note about winter demand despite posting better-than-expected first-quarter profits. Rivals easyJet and Wizz Air were both down more than 5% on the sentiment.
Ryanair Q1 profits soar, but cautious on winter demand
Low-cost airline Ryanair reported a better-than-expected rise in first-quarter profit, boosted by strong Easter sales, but was cautious about demand over the coming months due to aircraft delivery delays from Boeing and price-conscious passengers.
FTSE 100 movers: Ocado surges on patent row settlement; WPP slips
UK online supermarket Ocado has won a £200m settlement from Norwegian company AutoStore after a three-year legal battle over ‘robot' patents.
Ocado to get £200m from AutoStore in patent row settlement
UK online supermarket Ocado has won a £200m settlement from Norwegian company AutoStore after a three-year legal battle over ‘robot' patents.
Europe open: Shares fall ahead of rate decisions; S4 Capital slumps
European stock markets opened lower on Monday as investors eyed a trio of rate decisions this week from the US, European Union and Japan along with another deluge of earnings and eurozone PMI flash readings.
Vodafone Q1 revenue rises, appoints new CFO
Telecoms giant Vodafone said first-quarter group service revenue rose 3. 7%, helped by its UK operations.
Vodafone appoints Luka Mucic as CFO
Vodafone on Monday said it had appointed Luka Mucic as chief financial officer effective from September 1.