European Factors to Watch-Shares seen opening lower, focus on earnings
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LONDON Feb 2 (Reuters) - European shares headed for a weaker start on Tuesday, mirroring losses in Asia, as crude oil prices slipped again on oversupply concerns and some companies disappointed on the earnings front.
By 0747 GMT, futures for the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were down 0.4-0.5 percent.
The picture picture remained mixed.
BP reported an annual loss of $6.5 billion in 2015, its worst in at least 20 years as the British oil and gas company struggled with a sharp downturn in the oil market.
On the positive side, UBS proposed raising its 2015 dividend after posting a 79 percent rise in full-year net profit, its best result since 2010.
Technology shares will be in focus after Alphabet surpassed Apple Inc as the most valuable company in the United States in after-hours trading on Monday, knocking the iPhone maker from the top spot that it has held for the better part of four years.
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