Air Berlin to join oneworld; Ryanair CEO planning trans-Atlantic venture in 2015
European shares reached a five-week closing high yesterday, while the FTSE 100 Index reached its highest close in ten weeks, as bank stress tests (conducted by the Committee of European Banking Supervisors) showed a reassuring level of robustness, leading to gains in the banking sector. A strong rebound in US home sales for Jun-2010 also pushed the market into positive territory, with the resulting following a record low month in May-2010.
