ECONOMY

Markets subdued on lack of major economic drivers and public holiday in much of Asia.

China is one of the biggest bilateral trading partners for several countries in Asia and Africa.

BDO index falls to 88.9 in January from 90.3, indicating weak first quarter for economy.

Most of the Asian markets remain closed for Lunar New Year holidays.

Pay is rising for the top 1 percent of earners, but falling for the poorest 50 percent, thinktank reveals

The UK's best-known technology entrepreneur is making a comeback after raising a £6.3 million war chest to fast-track the development of some of the country's most promising companies.

Charity ActionAid accuses Associated British Foods of siphoning money through tax havens to avoid paying tax in poverty-stricken Zambia.

Europe's biggest casino and conference centre is coming to Spain later this year, creating thousands of jobs.

Venezuela devalues its currency for the fifth time in a decade, boosting oil revenue and inflation.

Eric Schmidt will be unwinding 3.2 million shares of Class A common stock.

Sir David and his son Mark Jones, who was JJB's head of marketing, are accused of forgery and making misleading statements.

Nissan's third quarter sales slump more than 30 percent in China because of territorial disputes between the countries.

Construction firm Q4 business up, halting painful decline that started in third quarter of 2011.

Europe's second-biggest carmaker losing €7m a day and burning €200m in cash each month.

UK Prime Minister David Cameron joins talks to trim seven-year spending plans to €960bn.

Reserve Bank of Australia slashes growth forecasts on grounds of investment weakness, labour market and currency strength.

China's better-than-expected trade figures are seen as indication of a recovery trend.

European leaders have agreed to the first budget reduction in EU history after overnight negotiations led by British Prime Minister David Cameron carved out spending cuts over the next seven years.

CEO Michael Spencer says no evidence of fake trades for brokers in bid to distance itself from Libor scandal.

Incoming governor Carney tells Treasury Select Committee he will be open-minded in debate over UK's monetary policy framework.

Philip Hampton says rate manipulators should be jailed despite bank still employing six Libor fixing traders.

IBTimes TV's daily 'Market Briefing' report with European Business Editor Martin Baccardax

TUI Travel reports strong growth in holiday travel demands from the UK and Nordic countries.

Disastrous 'Project Santorini' at world's oldest bank could embarrass ECB president Mario Draghi.

Leader of telecom equipment maker to leave company after group posts €1.4bn loss for 2012.

Indian economy suffers from large fiscal and current account deficits along with high inflation rates.

European markets open mixed as traders await interest rate announcements from ECB and BoE.

Southern European markets see 11.9 percent service revenue slump but solid growth in emerging markets should protect the bottom line.

Irish government rushes through emergency legislation to liquidate bank.