European shares advanced today after reaching a four-year high early in the session after China said the world’s two largest economies had agreed to cancel further tariffs.
London’s FTSE-100 inclined 0.16% The EU slashed its growth expectations for the eurozone Thursday.
The warning from the EU’s executive arm, the European Commission, comes a time when the European Central Bank (ECB) has started a new round of stimulus to prop up fragile growth.
U.K. house prices registered their lower growth figure this year in October. In reality, House prices advanced 0.9% from a year earlier, bringing the average to 232,249 pounds ($299,000).
Lufthansa flight personnel started a 48-hour strike over pay and pensions on Thursday.
As a result, the airliner had to cancel hundreds of flights. Yesterday, the company reported that is likely to cancel a total of 1,300 flights today and tomorrow.
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