Eurozone posts fastest growth on record; markets suffer worst week since March – business live
France, Germany, Spain and Italy have all posted record rises in GDP, but the region is still below its pre-pandemic levels
- Latest: Markets wrap up worst week since March
- Eurozone economy grew by 12.7% in July-September
- Germany and Italy beat growth forecasts
- Spanish economy grew by 16.7%..French GDP jumped 18.2%
- Introduction: It's eurozone GDP day
4.43pm GMT
Britain's FTSE 100 has ended a turbulent week with a whimper.
The blue-chip index has closed for the day, down 4 points at 5577 (a drop of 0.08% today).
4.23pm GMT
Twitter is having a particularly grim day, down 20% after underwhelming Wall Street with its third-quarter results last night.
That's a surprising reaction in some ways -- Twitter beat forecasts with earnings of 19 cents per share, against forecasts of 6 cents. Revenues were much stronger than forecast too ($936m vs $777m expected).
Down 20% today folks... Happy Friday! Twitter shares plummet after user growth falls short https://t.co/EMumLqS7Rp via @nypost
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