Wednesday, May 23, 2007

European Stocks May Drop on China Concern; Lafarge, BP Shares Might Fall

(Bloomberg) -- European stocks may decline after
former Federal Reserve Chairman Alan Greenspan said shares in
China, the world's fastest growing major economy, could face a
``dramatic contraction.''

U.S.-traded securities of Lafarge SA, the world's biggest
cement manufacturer, and BP Plc, Europe's second-largest oil
company, dropped.


Read more at Bloomberg Stocks News

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