Most European Stocks Drop as Fed Awaited

European stocks retreated from an 18-month high while Asian equities headed for the longest winning streak in more than three years as investors awaited the outcome of a Federal Reserve policy meeting. The won and South Korean shares closed higher even as North Korea fired a rocket. Oil climbed.
IAG Boss Walsh Disagrees With U.K. Quitting EU
27:02 - On the same day that Britain’s ruling Conservative Party outlined plans for a referendum on continued membership of the European Union, International Airlines Group chief executive Willie Walsh told Bloomberg he “strongly disagrees” with any move by the U.K. to quit. The comments make him one of the highest-profile business leaders to warn about the dangers of a breakaway.
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