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Banking

European shares fall, Sartorius plunges on forecast cut

German stocks retreat from record highAirbus rises amid string of new ordersMTU Aero Engines up on FY earnings outlook hikeJune 19 (Reuters) - European shares fell on Monday, with Franco-German lab equipment maker Sartorius leading the declines, while investors cautiously awaited further stimulus measures from China to revive demand.The pan-European STOXX 600 index (.STOXX) shed 0.6%, while Germany's DAX index (.GDAXI) dropped 0.6% after closing at a record high in the previous session.Shares of Sartorius (SATG.DE) plunged 16.6%, to the bottom of the STOXX 600, after the company cut its...
Banking

European shares rise on Fed pause hopes

Fed meeting eyed later in the dayEntain to buy Poland-based betting operator for $946 mlnLogitech slides after CEO exitGrifols surges on plan to reduce stake in Shanghai RAASSTOXX 600 up 0.4%, European banks add 1.1%June 14 (Reuters) - European shares rose on Wednesday, supported by banks and miners, ahead of a broadly priced-in pause in interest rate hikes by the U.S. Federal Reserve.The pan-European STOXX 600 index (.STOXX) closed 0.4% higher.Banks (.SX7P), which tend to benefit from higher rates, rose 1.1%. Italy (.FTMIB) and Spain's (.IBEX) lender-heavy indexes rose 0.9%...
Cryptocurrency

US charges two Russians in hack of Mt. Gox crypto exchange

WASHINGTON, June 9 (Reuters) - The United States has charged two Russian nationals in the hack of collapsed cryptocurrency exchange Mt. Gox, one of the world's earliest, biggest and most widely publicized alleged bitcoin heists.The department in a statement said Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, were charged with conspiring to launder approximately 647,000 bitcoins from their hack of Mt. Gox, which collapsed in 2014 after losing what was then worth about half a billion dollars in cryptocurrency.The event was one of the first signs of how vulnerable exchanges...
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