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European stocks drop at open

Europe's main stock markets fell at the start of trading on Tuesday after a mixed session earlier in Asia. London's benchmark FTSE 100 index dipped 0.15 percent to stand at 6,855.22 points compared with Monday's closing value. Frankfurt's DAX 30 shed 0.33 percent to 9,676.56 points and in Paris the CAC 40 declined 0.30 percent to 4,405.93. Asian markets were mixed on Tuesday following a strong lead from Wall Street as investors await the release of key US data later in the week. Tokyo's Nikkei-225 index jumped 1.44 percent to finish at 15,051.60 points.

Security staff strike brings chaos to Frankfurt airport

By Victoria Bryan and Peter Maushagen FRANKFURT (Reuters) - A strike by security staff at Frankfurt airport caused nearly 50 flight cancellations and delayed thousands of passengers, bringing chaos to Europe's third largest hub on Friday, the busiest day of the week for travelers. Trade union Verdi had called on around 5,000 staff who carry out security checks on passengers, baggage and freight at the airport to strike for the entire day to push for their pay to be brought into line with counterparts at other German airports.

Returning to profit in Q4, Commerzbank pushes on with restructuring and shares soar

BERLIN - Germany's Commerzbank eked out a small profit in the fourth quarter following heavy losses in the same quarter a year ago, helping it end 2013 in the black and send its stock soaring The Frankfurt-based bank said Thursday that it made a net profit of 64 million euros ($87 million) during the period, in contrast to last year's massive loss of 726 million euros. As a result, it ended 2013 with a profit of 78 million euros, again in contrast to 2012's 47 million euros loss.

European stocks mixed in early trading

European stocks opened mixed on Friday, with the London FTSE 100 index flat while Paris and Frankfurt posted slight gains. The FTSE lost just 1.42 points or 0.02 percent from Thursday's closing value to 6,771.86 points, while in Frankfurt, the DAX was up 0.16 percent at 9,646.65 points. In Paris, the CAC 40 crept up 0.08 percent to 4,284.52 points, after heavy losses on Thursday. bur/hmn/jhb

Germany's Lautenschlaeger is first woman since 2011 to hold post in ECB's top board

FRANKFURT - The European Parliament has approved the nomination of a German central bank official to serve on the top leadership body of the European Central Bank. Bundesbank Deputy President Sabine Lautenschlaeger, 49, was approved Thursday by a vote of 443 to 47. The approval follows criticism from members of parliament about the absence of women in top ECB posts. Lautenschlaeger replaces Joerg Asmussen on the six-member executive board that runs the ECB day to day at its Frankfurt headquarters. Asmussen resigned to take a post with the German government.

European stocks stable in opening deals

European stock markets steadied at the open on Monday, in subdued deals with many investors away for an extended festive break. London's FTSE 100 index was flat at 6,748.36 points and Frankfurt's DAX 30 nudged 0.03 percent lower to 9,586.53, while in Paris the CAC 40 gained 0.11 percent to 4,282.39 compared with Friday's closing values. burs-rfj/mfp

European stocks dip at open

European stock markets eased at the start of shortened trading sessions on Tuesday, with London's benchmark FTSE 100 index down 0.10 percent to 6,672.22 points. In Paris, the CAC 40 shed 0.05 percent to 4,213.13 points compared with Monday's closing value. Both indices were to end trading early afternoon ahead of the festive break. Frankfurt's DAX 30 was shut on Tuesday, a day after closing up 0.94 percent at a record-high 9,488.82 points. Business was being affected Tuesday also by storms across Britain and France.

European stocks drop at open; London down 0.42%

European stock markets dropped in initial deals on Tuesday amid investor caution as the US Federal Reserve decides whether to start scaling back its huge stimulus programme. London's benchmark FTSE 100 index slid 0.42 percent to 6,494.97 points. Frankfurt's DAX 30 index slipped 0.23 percent to 9,142.75 points and in Paris the CAC 40 shed 0.48 percent to stand at 4,100.01 compared with Monday's closing values.

ECB's Asmussen backs German finmin's call to regulate banks more

BERLIN (Reuters) - European Central Bank board member Joerg Asmussen has backed German Finance Minister Wolfgang Schaeuble's call for governments to keep scrutinizing the banking sector despite complaints that they have already gone far enough. Schaeuble's comments have prompted indignation in Germany among business and banking leaders who fear regulation will strangle the financial sector and thereby reduce firms' access to credit.

European stocks close higher

Europe's main stock markets closed higher on Monday, with London's benchmark FTSE 100 index climbing 0.45 percent to 6,723.46 points. Frankfurt's DAX 30 added 0.62 percent to set a new record high close of 9,225.43 points, and the CAC 40 in Paris rose 0.66 percent to 4,320.68 points. bur-arp/ric
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