European shares resume slide as Russia fears persist
European shares fell in early trading on Wednesday, reversing part of the previous day’s tentative bounce, hurt by a further drop in oil prices and Russia’s brewing financial crisis.
At 0807 GMT, the FTSEurofirst 300 index of top European shares was down 0.9 percent at 1,303.21 points.
Brent futures fell more than 1 percent on Wednesday, down for a sixth straight session, with persistent worries of a supply glut keeping prices near a 5-1/2 year low under $60 a barrel.
Total was down 1.2 percent, Saipem was down 0.9 percent and BP was down 0.5 percent.
Source: Reuters – European shares resume slide as Russia fears persist
