AFP - European equity prices shot higher on Tuesday as oil prices retreated, helping to offset market concerns about soaring inflation and sliding investor confidence, traders said.

AFP - London's FTSE 100 index shot higher on Tuesday as oil prices retreated, helping to offset market concerns about soaring inflation, traders said.

AFP - Iran is not planning to move assets from European banks, a banking official said on Tuesday, rejecting reports it is making major withdrawals to dodge impending EU sanctions.

AFP - UK blue chips closed higher on Tuesday, supported by gains from banks and miners and by hopes a spike in UK CPI may be temporary, but the FTSE 100 index ended well off the session peak as Wall Street fell back after poor US PPI data.

AP - European Union nations agreed Monday on the need for a new round of sanctions to discourage Iran from developing nuclear weapons, targeting the country's oil and gas sectors in what would be the strongest punishment yet.

AFP - The FTSE 100 made gains in late Monday morning trade as the price of oil fell amid talk Saudi Arabia will raise output.

AFP - The FTSE 100 index of leading shares closed lower on Monday with investor confidence knocked by oil prices hitting fresh highs and record-high eurozone inflation.

AP - European Union nations agreed Monday on the need for a new round of sanctions to discourage Iran from developing nuclear weapons, targeting the country's oil and gas sectors in what would be the strongest punishment yet.

AFP - Inflation in the 15-nation eurozone hit a record 3.7 percent in May, pushed by soaring oil and food prices to the highest level since the single European currency was launched in 1999, official figures showed Monday.

AFP - European equity prices dropped on Friday as oil and mining majors lost ground, but losses were limited by gains to banking share prices, traders said.

Reuters - Stocks closed higher on Friday, helped by a government report that showed underlying price pressures rose moderately in May, easing fears that inflation would force a near-term rise in interest rates.

AFP - The dollar rose against the euro and the yen on Friday amid a Group of Eight finance meeting in Japan, with analysts keen to see whether ministers will back US efforts to strengthen the dollar.