Reassuring Chinese trade data coupled with comments yesterday from Fed boss Yellen boost global indices. In London Barclays leads the FTSE higher as investors applaud the lender’s retrenchment and cost-cutting program. But shareholders give contrasting reception to earnings bulletins from telecoms BT, of the U.K., and Germany’s Deutsche Telekom. And in Sydney a vehicle of Hong Kong tycoon Li ka-shing bursts into the bidding for pipeline operator Envestra.
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