{"id":12980,"date":"2021-08-17T09:46:10","date_gmt":"2021-08-17T09:46:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/17\/european-shares-subdued-on-virus-worries\/"},"modified":"2021-08-17T09:46:10","modified_gmt":"2021-08-17T09:46:10","slug":"european-shares-subdued-on-virus-worries","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/17\/european-shares-subdued-on-virus-worries\/","title":{"rendered":"European Shares Subdued On Virus Worries"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks were broadly lower on Tuesday as a spike in COVID-19 cases in Asia and elsewhere raised fears of a slowdown in global economic growth.<\/p>\n<p>Worries about tighter regulation in China and the fast-evolving situation in Afghanistan also dented sentiment. <\/p>\n<p>The pan-European Stoxx Europe 600 was marginally lower at 473, falling for a second straight session after the index marked its longest winning streak in over a decade.<\/p>\n<p>The German DAX slipped 0.2 percent and France&#8217;s CAC 40 index dropped 0.4 percent while the U.K.&#8217;s FTSE 100 traded flat with a positive bias after data showed the country&#8217;s unemployment rate dropped to 4.7 percent in the three months to June.<\/p>\n<p>Swiss Life Holding declined 1.4 percent. The Swiss financial-services firm reported a fall in its premiums in the first half. <\/p>\n<p>Dutch tech firm Prosus, which has a stake in Chinese tech giant Tencent, lost about 2 percent after Chinese regulators issued a lengthy set of draft rules for the internet sector, banning unfair competition and restricting the use of user data.<\/p>\n<p>The rules published by the State Administration for Market Regulation (SAMR) cover a wide range of areas from prohibitions on the way companies can use data to stamping out fake product reviews.<\/p>\n<p>Just Eat Takeaway.com rallied 3.5 percent. The online food ordering company said it has reached the peak of its absolute losses in the first half of 2021.<\/p>\n<p>Danish jewelry maker Pandora was little changed after launching a new share buyback program. <\/p>\n<p>BHP Group shares soared 6.7 percent. The miner posted its best annual profit in nearly a decade and confirmed the spin-off of its crude assets.<\/p>\n<p>Commodity company Glencore fell about 1 percent after it acquired a stake in U.K. battery maker Britishvolt.<\/p>\n<p>Pearson shares were down about 2 percent. The publishing and education company has agreed with the U.S. Securities and Exchange Commission to pay $1 million to settle charges for misleading investors about cyber breach. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Subdued On Virus Worries<\/a><br \/>\n<br \/>2021-08-17 09:46:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks were broadly lower on Tuesday as a spike in COVID-19 cases in Asia and elsewhere raised fears of a slowdown in global economic growth. Worries about tighter regulation&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-12980","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=12980"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12981"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}