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European shares rise early

Friday, August 15 08:16:14

European shares rose in early trade on Friday, gaining ground for the fourth time in five sessions, helped by BHP Billion after the world's biggest miner said it could spin off assets.

At 0707 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,333.67 points, set to post its biggest weekly gain since mid-February.

Shares in BHP rose 3 percent after the group confirmed its preference for a demerger of unwanted aluminum, manganese and nickel assets. (Reuters)

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