Europe shares close higher on Fed relief, ECB

European shares closed higher on Thursday after an announcement from the European Central Bank (ECB) on how it will make key decisions in the future.

Global shares at three-month high on U.S. "fiscal cliff" optimism

NEW YORK (Reuters) - Signs of compromise in U.S. talks to stop automatic tax hikes and spending cuts hurting the economy next year pushed world shares to their highest level since September on Tuesday and weakened investor appetite for safe-haven bonds and the dollar.