Aviva sales rise 21% on Europe and US
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Aviva, the insurer, said on Thursday new business sales for its core life and pensions units rose 21 per cent to &pound;22.9bn ($46bn) in the first nine months of the year, boosted by strong performance in its overseas markets.
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Sales at retailers posted a much  stronger-than-expected 1.2 percent rise in November, government  data showed on Thursday, as holiday shoppers coped with high  energy costs and the fallout from a housing slump.
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European equity markets were higher on Monday, driven by a combination of firm results, broker upgrades and reports of bid activity.
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AFP/File - Aviva has reported bumper sales for 2006, helped by strong performances for its pension and investment products.
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Sales at retailers posted a much stronger-than-expected 1.2 percent rise in November, government data showed on Thursday, as holiday shoppers coped with high energy costs and the fallout from a housing slump.
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Britain&#39;s retail sales unexpectedly bounced back last month as shoppers apparently shrugged off the Bank of England&#39;s five interest rate rises since November.
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Private equity companies in Europe raised a record 112 billion euros (150 billion dollars) in 2006, an increase of 56.4 percent compared with 2005, industry association EVCA said Tuesday.
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Britain&#039;s biggest insurer, Aviva Plc  , is in talks to buy U.S. life insurer AmerUs Group Co  , valued at over &#36;2.5 billion, in a deal that would  boost Aviva&#039;s undersized presence in the booming U.S. market.
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Worldwide sales of semiconductors rose 9.2 percent to $21.5 billion in January from a year earlier as economic confidence buoyed demand for consumer products like mobile phones and computers, Bloomberg News reported from Berlin.
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US retail sales in November were up 0.1 per cent from the previous month, slightly higher than expected. Sales were 7.2 per cent up on the same month last year, according to advance estimates
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Best Buy Co., the world&#39;s largest electronics retailer, said third-quarter earnings rose 21 percent, boosted by sales of digital televisions, cameras and MP3 music players.
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The European oil giant reported a 1.5 percent increase in profit thanks to proceeds from its sale of its last British refinery and a pipeline in the United States.
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The FTSE 100 has climbed as a surge by US shares gives a boost to European markets. Shire Pharmaceuticals SHP.L jumped after winning approval for a key drug and consumer goods giant Unilever ULVR.
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Europe's largest fashion retailer, Hennes &amp; Mauritz AB, on Thursday posted better than expected third-quarter profits and said sales were up despite lowered prices and competition from rival companies, thanks in part to sales in the United States.
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European equity markets opened higher on Wednesday, lifted by rallying financial stocks and following gains in the US and Asia.
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European stock markets move higher after sharp overnight falls in the Far East and the US amid interest rate worries.
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Inflation in the 13 nations that use the euro surged to 3.1 percent in November versus a year earlier, its highest level in more than six years, the European Union's statistics agency Eurostat said Friday.