Though some employers were considerate enough to allow employees to work from home, some have asked staff to report to work now
At 0714 GMT, the FTSEurofirst 300 index of top European shares was up 0.5 percent at 1,165.30 points. Rio Tinto added 3.4 percent, Xstrata gained 3.7 percent and BP rose 1.4 percent.
Tech shares got a boost from Hewlett-Packard's results that beat estimates overnight as well as from a deal announced by STMicroelectronics and Ericsson to combine their chip and mobile applications businesses.
STMicro gained 2.2 percent, Ericsson rose 1.1 percent, while Infineon added 1.5 percent and Alcatel-Lucent gained 1 percent. ‘(The news in the tech sector) helps a bit, but it doesn't change the general mood. We've seen four or five weeks of rebound, but that recovery mood has been destroyed over the last few days by negative news flow from the banking sector,’ said Achim Matzke, European stock indexes analyst at Commerbank, in Frankfurt.
‘The sharp drop in commodity prices since mid-July seems to have been priced in now. In the best case, the market is moving sideways, with a negative touch.’
Though some employers were considerate enough to allow employees to work from home, some have asked staff to report to work now
It is a tale of love and dedication scripted in the heart of Abu Dhabi
The event brought together key players in the polo community to celebrate a successful season and honour outstanding achievements
In the first two days after the torrential rain on Tuesday, around 1,244 flights were cancelled
There has been fear that decades of enmity between the two could spill over into all-out war
The leading hypermarket chain has implemented additional measures to ensure sufficient stock availability for shoppers
Thousands of personnel deployed to clear accumulated water, clogged drains, and fallen trees
Areas such as Abu Shagara, Al Qasimiya, King Faisal Road, Al Mahatta, and Majaz have been particularly affected