Carlsberg and Danone hit by the Kremlin's sanctions reprisal
The companies had been planning their exit from Russia
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The companies had been planning their exit from Russia
European stocks were mixed on Friday but were on track to post their biggest weekly percentage gain in more than three months on easing worries about inflation and interest-rate hikes.
European stocks closed higher on Thursday, extending recent gains, amid easing concerns about interest rates, and data showing the British economy contracted less than expected in May.
European stocks closed higher on Monday, led by gains in energy sector. Investors shrugged off data showing a drop in eurozone investors sentiment, and picked up stocks amid hopes the Chinese government will announce more stimulus to boost the economy.
European stocks tumbled on Thursday, as heightened concerns about China's economic recovery and expectations for a more hawkish Federal Reserve sapped investors' appetite for risk.