Manufacturing Improvement Gives Hope in Spain and UK, But Little Cheer in France or Greece

European markets are mixed Friday as manufacturing trends look good in Spain, Italy and the United Kingdom but less so elsewhere. Greece continues to divide opinion. But Greek banks rally in hopes that the European Central Bank will provide liquidity. Irish cement maker CRH agrees to buy $7.4 billion of assets from Holcim and Lafarge ahead of their merger later this year. Ryanair says FY2016 may not fly as high, because of a fuel hedge. Its competitors may do better from lower oil prices. Jonathan Braude reports on the international news from TheDeal’s headquarters in London.

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