European shares rose on Friday, extending the strong gains recorded this week, with investors focused on the Russian-Ukrainian peace talks that seem to have made no progress so far.<\/p>\n\n\n\n
The pan-European Stoxx 600 index rose 0.2 percent by 0814 GMT and was on track for its best weekly performance since November 2020.<\/p>\n\n\n\n
Retail stocks gained the biggest, rising 1%, while oil stocks gained 0.5% as oil prices topped $107 a barrel.<\/p>\n\n\n\n
US President Joe Biden is expected to warn Beijing that it will pay a price if it backs Russia’s war efforts, when he speaks with his Chinese counterpart Xi Jinping in a phone call at 1300 GMT.<\/p>\n\n\n\n
Britain’s Vodafone rose 1.3 percent after Reuters reported that global infrastructure funds had approached the telecom giant to invest $16 billion in its Vantage Towers unit.<\/p>\n\n\n\n
German property firm Fonovia rose 1.1 percent after it said it was on track to achieve “strong growth” after a record year and the acquisition of smaller rival Deutsche Wohnen.<\/p>\n","protected":false},"excerpt":{"rendered":"
European shares rose on Friday, extending the strong gains recorded this week, with investors focused on the Russian-Ukrainian peace talks that seem to have made no progress so far. The pan-European Stoxx 600 index rose 0.2 percent by 0814 GMT and was on track for its best weekly performance since November 2020. Retail stocks gained …<\/p>\n","protected":false},"author":9,"featured_media":52181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[8275,8854,7534,7485],"class_list":["post-62246","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-russian-economy","tag-russian-invasion-of-ukraine","tag-sanctions","tag-yellen"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=62246"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62246\/revisions"}],"predecessor-version":[{"id":62247,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62246\/revisions\/62247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52181"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}