Europe's top share index extended losses in midday trade as weak euro zone economic data, did little to boost risk appetite among investors ahead of U.S. jobs numbers and elections in France and Greece over the weekend.
Corporate earnings continued to impress, however, with Royal Bank of Scotland, BNP Paribas and Lafarge proving companies can still lift profits despite the austere economic backdrop.
The FTSEurofirst fell 6.31 points, or 0.6 percent to 1,038.08 by 1035 GMT, having traded in a 40-point range since early April. It found support around the 1,029 level, the 50 percent retracement of the LTRO rally that began mid-December.
Halal centrestage at Gulfood
Dubai — One of the fastest growing segments of the worldwide food industry and currently worth $1.1 trillion globally, the international halal food market occupies an integral part of Gulfood 2015 —
Based in Nagoya, Fatima Al Kharousi will be responsible for overseeing the airline’s operations
OPEC production rises as members stand firm
Organization of the Petroleum Exporting (OPEC) oil supply has risen this month due to more Angolan exports and steady to higher output in Saudi Arabia and other Gulf producers, a Reuters survey show