Germany's recovery from recession faltered in the final quarter of 2009, according to preliminary figures released today.
European markets have been hit hard by news Greece will receive bailout cash to tackle its debt crisis.
European leaders have reached an agreement to bailout Greece, which is suffering from a huge debt crisis.
London trading got off to a strong start Thursday, following positive results for Rio Tinto and rumours Aviva could be the target of a buyout bid.
Julian Chillingworth, CIO of Rathbone Unit Trust Management, takes a closer look at the implications of the latest inflation figures
A key estimate of UK GDP suggests output increased in the three months ending in January, but indications of a more substantial recovery are still wide of the mark, according to the National Institute of Economic and Social Research (NIESR).
UK inflation is likely to have risen to around 3.5%, exceeding the Bank of England's (BoE) target for the third time.
Financials and British Airways pushed the FTSE slightly higher this morning.
The Government is preparing to drop its guarantee for Northern Rock deposits in the coming weeks as it readies the nationalised lender for sale, reports The Telegraph.
The Dow Jones advanced more than 2% in early trading as investors reacted positively to signs Greece could get help from the European Union (EU).