European shares resume sell-off as energy stocks fall further
European shares
London - SPA
European shares resumed their sell-off on Tuesday after a slump in the previous session caused by worries over Greece, with energy stocks declining as the oil price hit new lows, Reuters reported.
The pan-European FTSEurofirst 300 index, which had fallen 2.3 percent on Monday, retreated by 0.6 percent while the euro zone's blue-chip Euro STOXX 50 index -- which slumped 3.7 percent on Monday -- also fell by a similar amount.
The STOXX Europe 600 Oil & Gas Index weakened by 1 percent as oil touched new 5-1/2 year lows on Tuesday, following a 5 percent plunge in the previous session as a slew of bearish factors added to supply woes.
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France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
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Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
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