British Airways tops the gainers despite revealing that it carried 3.8% fewer passengers in June. It added it will cut spending by 20% to deal with the challenging market conditions. More
Europe's top stocks ended in negative territory, though Paris managed to close marginally higher, with a report on retail sales and broker downgrades weighing on investor sentiment. More
IT consultancy group Morse said revenue and adjusted earnings before interest and tax (EBIT) will be towards the upper end of analyst expectations for the year. More
It's thought rogue trades which cost oil broker PVM Oil Futures almost $10m (£6m) were responsible for a spike in global oil prices to their highest in months earlier this week. More
Media stocks get a lift from Credit Suisse, which has upgraded the European media sector to "overweight". Publishers Reed Elsevier and Pearson plus pay-TV provider BSkyB all head higher. More
Sterling has so far managed to hold onto the gains it has made over the past few weeks; despite Tuesday's awful GDP figures, and is currently treading water in a 200 point range on its trade weighted index. More
