Martin Baccardax

BP will buy $8bn worth of shares and keep $4.4bn in reserve following the formal sale of half of its Russian joint venture to Rosneft

Markit's Composite PMI reading slips further to 46.5 as Germany's manufacturing sector surprisingly stalls

ECB's governing council will pull emergency funding programme on 25 March unless Cyprus reaches deal with EU and IMF.

Chancellor may have wrong-footed Opposition for the moment but his 'pay our own way' will not save him in the long run.

ECB's Joerg Asmussen says Emergency Liquidity Agreement at risk if Cyprus can't produce alternative bailout plan

ZEW's key investor and analyst expectations index rises to 48.5 amid political turmoil in Italy and banking crisis in Cyprus

Eurogroup statement puts ball in President Nicos Anastasiades' court ahead of key vote.

Britain's No 4 retailer is only major grocery chain to gain market share amid tainted meat scandal.

President Nicos Anastasiades under pressure to re-work terms of €10bn bailout in order to win parliamentary vote and avert banking sector collapse.

Eurozone rescue package for Cyprus calls for unprecedented €5.8bn levy on savers.

Emails show Bruno Iksil, the so-called "London Whale", grew concerned with management's efforts to stem losses at the chief investment office

Pound sees biggest jump since July before broadcast of ITV interview with Bank of England governor that warns recent fall has gone too far.

Retailer in technology and licensing talks with Ocado on plans to launch online offering in 2014.

Agreement should prevent further strikes at Spanish carrier but will cost more than 3,000 jobs.

Sale attracts €13bn and could mark crucial stage in efforts to exit EU/IMF bailout.

Benchmark indices fall again on grim factory output data and higher Italian borrowing costs.

Data following disappointing reading from Britain as severe weather takes its toll on factory output

World's largest security firm lifts full-year dividend and issues bullish outlook for 2013.

Sterling slumps and Gilts rally as pressure mounts on Osborne ahead of next week's Budget Statement.

Britain's "oil deficit" falls to lowest level since 2008 as imports slow but manufacturing data disappoints.

Bank shifts 20 percent of wealth management business in trim of non-core operations.

Italian Treasury faces stern test to raise €9bn after surprise GDP revision and Fitch downgrade.

PM assertion that tax increases and spending cuts have not hurt growth are wrong, says the Office for Budget Responsibility.

Investors bet on deeper central bank support in face of tepid data and rising political risks.

ECB President Mario Draghi says rules won't allow Bank to act unless formal request made by Italian government to both the European Union and the International Monetary Fund

Investors keen to hear of ECB stance on Italy as political stalemate heads towards a third week.

Sterling rises and gilts fall after Bank makes no change to £375bn asset purchase programme

The Financial Times says Chancellor Osborne may be preparing extra powers for incoming BoE Governor Mark Carney to revive economic growth.

Britain's second-biggest insurance group says dividend cut will free-up cash to reduce debts.