Tuesday, June 5, 2007

European shares fall as inflation jitters mount

(Reuters) - European shares fell for the second day in a row on Tuesday as investors grew wary of the European Central Banking issuing a warning on inflation when it holds an interest-rate meeting on Wednesday.

The largest decliner on the broader market was Irish low-cost airline Ryanair, which fell 7 percent after warning profit growth would slow this year as higher interest rates curbed consumer spending.


Read more at Reuters Africa

No comments: