Good day for EasyJet and mining giants as FTSE 100 gains almost 2% to close at 6,194.10.
Last week's crash in China's financial markets has had investors spooked
The Australian stock market was down on slower GDP growth and a contraction in retail sales.
Some 54% of UK-domiciled companies now owned by overseas investors.
The FTSE closed up 24.77 points (0.41%) at 6083.31 at the end of the day on Wednsday.
The FTSE 100 dived to 6,022.32 points but climbed up to almost recover its losses.
Lagarde said dependence on Asia and new and innovative products can create risks.
BitPay's Sonny Singh and Marcel Roelants say its time the industry joined forces to help promote Bitcoin.
Shanghai Composite recovers from 4% fall to close 0.2% down.
UK manufacturing fell 'well below' average of last two-and-half-years as China' SSE closed up 0.86%
Commodities have suffered from falling worldwide demand and hiked production.
In a response to the Eurozone data, the FTSE 100 dropped more than 2.2%.
On 31 August the yuan hit its lowest point since devaluation on 11 August.
Chinese manufacturing activity shrank to its lowest level in over six years in August.
Beijing reportedly considering halting large scale share purchases.
Gas field, which covers 60 sq miles, could hold more than 30tr cubic feet of gas.
Analysts say too late to call 'all clear' as indexes slide 7% this week.
European markets saw major ups and downs in the week, starting off with severe losses on Monday
US gross domestic product (GDP) increased at a 3.7% annualised rate, above economists' estimates, in Q2.
Shanghai Composite climbs 1% at open after US revises up its second quarter growth.
US growth fuels return to positive territory giving struggling mining giants a boost.
The gross domestic product grew by 3.7%, around 0.5 percentage points higher than market expectation.
The FTSE 100 opened 2.2% higher, recovering losses it made on Wednesday
China stocks return to positive territory as monetary easing calms investors.
Following gains after Monday's rout the market again shed value as investors appeared skittish.
What are financial analysts forecasting for Chinese and world markets?
Shanghai Composite index closes 1.3% lower after shedding 16% in past two sessions.
Analysts blame the US Federal Reserve and its policy for the market rout.
London's stock exchange bounced back from deep loses Monday as bargain hunting investors bought in.
IBTimes UK explains what the shares slump in China means for investors.