Friday, March 22, 2013

Global Stocks Worries about Cyprus after ECB Warned it Could Cut Off Funding, Also Poor PMI's Eurozone Data

Cyprus financial crisis latest update, Shares struggle amid Cyprus woes, Worries about Cyprus, after the ECB warned it could cut off funding, hit markets, with sentiment also dented by poor eurozone data

Company news, Hastings scraps plans for public listing, Decision not to follow rival insurers Direct Line and Esure with an IPO comes in spite of a healthy market for new issues

Meanwhile, Wall Street lower on eurozone fears, US stocks finished lower amid uncertainty in the eurozone and weak earnings from a batch of companies reporting quarterly results

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