Picture used for illustrative purpose. File
European stock markets fell at the start of trading on Friday, extending the previous session's losses over fears of a second wave in coronavirus cases and the stalemate in Washington over a new stimulus package for the US economy.
London's benchmark FTSE 100 index dropped 0.5 percent to 6,152.82 points, after the UK government reimposed a quarantine for travellers from France and the Netherlands, prompting Paris to quickly announce a "reciprocal measure".
The Paris CAC 40 index retreated 0.6 percent to 5,010.03 and Frankfurt's DAX 30 shed 0.3 percent to 12,961.12.
"European markets turned south on Friday led by a decline in travel and leisure stocks after the UK added France to its 14-day quarantine list," noted Neil Wilson, chief market analyst at Markets.com.
"After a decent start to the week it looks like equity markets are finishing off rather meekly."
The UK government announced the change will kick in at 0300 GMT on Saturday, likely sparking a mass exodus among the estimated 160,000 British holidaymakers in France, after a rise in coronavirus cases there.
Equities were retreating also over fading hopes of a US stimulus deal being struck -- and ahead of key weekend trade talks between the United States and China.
London's benchmark FTSE 100 index of major blue-chip companies rose 0.3 per cent to 6,225.61 points compared with the closing level on Wednesday.
The pan-European STOXX 600 index fell 1.9%, on track for its biggest one-day drop in a month, pushing it to a weekly loss for the first time in four weeks.
The pan-European STOXX 600 index were up 0.1% at 0714 GMT, with technology, automakers and oil & gas firms leading the gains.
The Abu Dhabi National Oil Company (Adnoc) signed on Sunday, two framework agreements with Mubadala Investment Company (Mubadala) and Emirates Nuclear Energy Corporation (Enec)
Khalaf Ahmad Al Habtoor - Founding Chairman of the Al Habtoor Group (AHG) - welcomed Shlomi Fogel of Ampa Group, Co-owner, Chairman and CEO - at the AHG headquarters on Al Wasl Road, Dubai.
The European Union (EU) wants to arm itself with new powers to control big technology companies, a newspaper reported on Sunday. The proposed plan includes forcing tech giants to break up or sell some of their European operations
Dubai Chamber of Commerce and Industry (DCCI) has announced the launch of the Dubai Chamber Interview Series, a virtual event series featuring live-one-on-one interviews with prominent local and international business figures from a wide range of industries.