Europe shares open mixed; UK says ‘no’ to Syria action

Europe shares open mixed; UK says ‘no’ to Syria action

Published: Friday, 30 Aug 2013 | 3:00 AM ET

European shares opened mixed on Friday as the U.K. parliament rejects a military strike against Syria.

After seven hours of debate, U.K. lawmakers voted 285 to 272 against a government motion on military intervention in Syria. Speaking after the result, U.K. Prime Minister David Cameron said he believed in the need for a tough response to the use of chemical weapons, but respected the will of parliament.

The U.K. defense secretary confirmed on Thursday that the country would not take part in any military intervention but said he expected the U.S. and others to press on with a response to last week’s alleged chemical weapons attack by the Syrian government on civilians.

President Barack Obama will decide on a response to Syria based on U.S. interests, the White House said on Thursday, but will continue to consult with Britain despite the “no” vote.

Data releases on Friday include the closely-watched European Union unemployment figures for July and flash estimates of inflation in the euro zone in August.

Companies reporting earnings include French investment firm Bollore, advertising company Havas and retailer Hermes International. Other earnings are due from U.K.-based bookmaker Paddy Power.

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European shares opened mixed on Friday as the U.K. parliament rejects a military strike against Syria.

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