European equities drop as earnings disappoint

The major European equity markets suffered losses as weak corporate earnings triggered concerns regarding the economic slowdown in Eurozone and across globe. Weak oil prices did not help matters either.
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ECB’s Lane says global coordination between regulators important

European Central Bank (ECB) governing council member and Irish central bank Chief Philip Lane is now on wires via Reuters, noting that, “global coordination between regulators and policy officials during considerable turbulence is important.”
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