European Markets Seem to Bottom Out For Now, but Recovery Doesn’t Reach Everybody Equally

European markets halt their weeklong slide in morning trading on Monday, in part because of the likelihood of delayed interest rate rises and a hope of better ceasefire enforcement in Ukraine. But engine maker Rolls Royce says the slowing economy and sanctions against Russia are still affecting its clients. It predicts revenues will be less than previously predicted this year and next. Franco-Dutch Telephone chip maker and mobile security company Gemalto NV seen losing market share as Apple rolls out an in-house SIM card for its new iPad models. The car industry sees strong European sales for the thirteenth month in a row, boosting share prices in the sector.