(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
Aug 13 (Reuters) - European stocks snapped a four-day
winning run on Thursday as the U.S. government left tariffs on
Airbus and a host of other European goods unchanged, while a
clutch of blue-chip companies trading ex-dividend knocked the
UK's FTSE 100 lower.
The pan-European STOXX 600 .STOXX was down 0.4%, with
Airbus AIR.PA sliding 0.7% after Washington said it would
maintain 15% tariffs on the planes and 25% tariffs on other
European goods, despite moves by the European Union to resolve a
long-standing dispute over aircraft subsidies. London's FTSE 100 .FTSE led declines among the major
European bourses, led by AstraZeneca AZN.L , BP BP.L , Diageo
DGE.L , Glaxosmithkline GSK.L and Legal&General LGEN.L ,
which traded without entitlement to a dividend payout.
TUI TUIT.L , the world's largest tourism company, tumbled
4.1% as it sunk to a 1.1 billion euro ($1.30 billion) loss in
the third quarter due to the COVID-19 pandemic. = 0.8460 euros)
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U.S. tariffs weigh on Europe stocks; Airbus dips
Published 08/13/2020, 03:25 PM
Updated 08/13/2020, 03:30 PM
U.S. tariffs weigh on Europe stocks; Airbus dips
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