Out of bounds

Out of bounds



London
Sterling rises after a week of positive data the
pound rose sterling on Friday, supported by data optimistic in general, issued over the week and pushed him towards record highs around $ 1.2950, with the victory of the Conservative Party , which belongs to Prime Minister Theresa May, more than 100 seats in the elections local.
Sterling rose about three percent since the May declaration of a sudden two weeks ago for early parliamentary elections as a step considered the market will strengthen its position in the exit from the European Union talks over the next eighteen months.
By 0824 GMT , sterling was up around 0.1 percent against the US currency to $ 1.2935.
Sterling rose 0.2 percent against the single European currency to 84.82 pence per euro.
The index rose supermarket / Sa.aa.ba.as purchasing managers in the UK services sector, the index has closely watched the performance of the sector , which dominates the output British economy, to its highest level in four months at 55.8 points in April , surpassing all the expectations of economists.


Emirates
Chairman of Lufthansa: the next step in Air Berlin talks depends on the Abu Dhabi
CEO , Lufthansa said on Friday that the company has held talks with Abu Dhabi about Air Berlin 's future that incur losses, but debt and costs and issues related to antitrust, continue to pose obstacles in the way the acquisition of the rest of the shares of smaller rival.
It owns Etihad Airways Abu Dhabi government - owned 29 percent in Air Berlin , which is already leased 38 aircraft crews and aircraft for Lufthansa.
Said Carsten Sport, told reporters on the sidelines of the annual meeting of the shareholders of the group "can not solve the debt problem only the Abu Dhabi government."
Earlier this week, Sport traveled to Abu Dhabi within the business delegation accompanying German Chancellor Angela Merkel.
He also stated that, optimistic about the coming months in reservations, in line with his comments Air France-KLM company competition this week.
The Aa.aah.ja, the owner of British Airways (British Airways) and Iberia and Aer Lingus, announced earlier Friday, a record operating profit in the first quarter, and said that the pace of improvement in pricing was faster than expected.


Milan
fell European stocks
European stocks fell in early trading on Friday, dragged down oil prices , but the main indicators in the region firmed near record highs after a week of gains supported by easing political concerns and the results of the strong positive data on the economy Alkla.okan oil sector index the biggest losers on the gas sector level as 0.9 percent down with the continued decline in crude prices amid fears of a global supply glut deflated prices all the gains made since OPEC 's move to cut production.
Shares of BP, Total and Royal Dutch Shell , the list of losers in Europe to push the index Stoxx 600 European shares down 0.3 percent by 0714 GMT, while the Financial Times index fell 0.2 percent , Britain 's 100.
CAC index fell 0.5 percent , France 's 40 before the run - off in the French presidential election on Sunday, which are being contested by centrist candidate Emmanuel shifty in front of the far - right candidate Marine Le Pen.
Pearson shares rose 14 percent, after the company specialized in the education services said it would cut costs once again and is considering selling US activities in the latest attempt to restructure.
And it found Vestas Smith & Nephew shares in support of the results of positive work while Monkelir shares dropped following the announcement of its results on Thursday evening.


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