German and French stocks had fallen more than 3% at one point on sinking oil prices

    Share prices hit 16-month low amid growth worries

    15.12 Stress in the financial sector, triggered by worries over global growth and the impact of negative interest rates, have driven European share prices to their lowest in 16 months today.

    Ibec has called for the retention of USC, and said it should be used for future pension needs.

    Ibec says USC should be used for pension needs

    11.56 Business group Ibec has called for a broadening of Ireland's income tax base, adding that the scraping of the USC would narrow the tax base and put more pressure on a smaller number of tax payers.

    India's rupee is Asia's worst-performing currency so far this year

    India's economy grows 7.3% in third quarter

    15.22 India's economy grew 7.3% in the third quarter of the financial year, official data showed today, a slowdown from the previous quarter but beating analysts' expectations.

    The Frankfurt-based Sentix research group's index fell to 6 in February from 9.6 in January

    Euro zone Sentix index falls more than expected

    13.21 Sentiment in the euro zone deteriorated more than expected in February as concern about the global economy prompted investors to pare back their expectations to the lowest level since November 2014.

    Volkswagen has still not won approval for a fix for any of the vehicles

    Volkswagen to offer compensation for US customers

    08.12 Volkswagen will offer generous compensation packages to the roughly 600,000 US owners of diesel vehicles whose emissions are over the legal limit, the head of its claims fund told a German paper.

    Oil prices weaken in see-saw trade today

    Oil prices slide, supply overhang in focus

    15.37 Crude oil prices continued to fall today because of lingering concerns over a supply overhang and after a Saudi-Venezuela meeting showed few signs that steps would be taken to boost prices.

    The Russian government is trying to consolidate its banking sector as economic troubles mount

    Russia shuts down two more banks

    09.31 Russia's central bank said today it had revoked the licenses of two more banks as part of government efforts to consolidate the sector as economic troubles mount.

    LinkedIn reported its slowest growth in quarterly online ad revenue in more than two years.

    LinkedIn forecasts weak quarterly profits

    05 Feb LinkedIn forecast first-quarter revenue and profit below Wall Street estimates as growth slows in its ads business and its hiring services face pressure outside North America.