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Galp Energia, SGPS, S.A. (GLPEY)
- Zacks
Galp Energia (GLPEY) Taps Into Vast Hydrocarbon Reserves
Galp Energia (GLPEY) concludes the first phase of exploration of the Mopane field in PEL 83 and estimates that it might contain nearly 10 billion barrels of oil.
- Reuters
UPDATE 2-European stocks rebound after last week's selloff, eyes on earnings and data
The continent-wide STOXX 600 index rose 0.6%, rebounding from last week's selloff triggered by geopolitical concerns as well as worries that the Federal Reserve will delay interest rate cuts. Greece's ATHEX index gained 2.0% after credit ratings agency S&P revised the country's outlook to "positive" from "stable".
- Reuters
European stocks rebound after last week's selloff, eyes on earnings and data
European stocks closed higher on Monday, with British blue-chips nearing record levels as investors took comfort from easing tensions in the Middle East and looked ahead to earnings from European banks and U.S. tech giants later this week. The continent-wide STOXX 600 index rose 0.6%, rebounding from last week's selloff triggered by geopolitical concerns as well as worries that the Federal Reserve will delay interest rate cuts. "It's a bit of a messy picture for markets at the moment with huge uncertainty around events in the Middle East, US tech seeing its biggest sell-off for around 18 months, and with yields climbing as rate cuts gets increasingly pushed out," said Deutsche Bank strategist Jim Reid.
