European markets followed Asia and the U.S. down in early trading on further concerns about the strength of the Chinese economy and growing unease over the situation in Ukraine. Mining companies were among the losers in London, as any slowdown in China pushes down the price of resources like copper and iron ore. Meanwhile the IPO of Poundland, backed by Warburg Pincus was up 18.6% by mid-morning. Germany's biggest utility E.ON warned earnings will likely fall by 14% this year.

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