US mortgage woes unsettle markets

(02:16) Report
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Jul. 11 - Nervousness over fallout from U.S. sub prime lending problems spreads to European markets.

  • The euro gains against the US dollar
  • The British pound hits 26 year highs against the greenback
  • London Stock Exchange posts record first quarter revenues
  • Broadband beefs up BSkyB customer base
  • Luxury handbags and shoes a good match for Burberry
  • Whitbread shares rally on U.S. takeover talk

    Chris Burns reports for Reuters.