Fitch affirms Spain and Italy at BBB+, both with stable outlook

Three people hospitalised after shooting at Seattle high school

GoPro shares slumps as Oppenheimer initiates covearege of the stock at sell

City's mayor says NYC fully prepared to deal with Ebola

Bill De Blasio, New York City's mayor, said the city was "fully prepared" to deal with the Ebola virus.

Draghi calls for stimulus and says joint effort needed to avoid 'recession'

Mario Draghi, the European Central Bank's (ECB) president has warned leaders from the European Union that a "joint effort" is required to avoid a "relapse into recession. ".

S&P downgrades Tesco's long-term credit rating to BBB-

The ECB's stress tests will reveal twenty five lenders have failed

The results of the European Central Bank's (ECB) Asset Quality Review (AQR), which are due to be released this Sunday, will show that 25 lenders 'failed', according to a draft 'communique', as reported by Bloomberg.

US new home sales edged higher to 467,000 in September

US new home sales edged higher by 0. 2% month-on-month in September to reach an annualised rate of 467,000, according to the Department of Commerce.

Shire reports 60% increase in third quarter earnings per share to $2.93

UK GDP growth slows to 0.7% in third quarter, as expected - UPDATE

UK gross domestic product (GDP) expanded at a 3% year-on-year pace over the three months to the end of September, led by industrial output, although it slowed from the 3. 2% clip registered in the previous quarter, according to the Office for National Statistics (ONS).

Chinese new home prices fell by 0.7% in September

Home prices in China dropped in September in 69 of 70 cities monitored by authorities in Beijing, with falls of 0. 7% month-on-month reported in Beijing and another 0. 9% in Shanghai.

Pearson CFO to step down as company reiterates guidance

Publishing and education group Pearson has revealed that its chief financial officer (CFO) is to step down after 10 years of service, as the Financial Times owner reiterated its profit guidance for the full year.

Doctor diagnosed with Ebola in New York - UPDATE

Craig Spencer, a New York-based doctor who has recently been working in Guinea, has become the fourth person in the US to have been diagnosed with the deadly virus.

IAG and IHG start session lower by 2% on Ebola news from NY

Sentance (ex-MPC): UK due for a bit of a slowdown, drop in oil is good for economy - Bloomberg

Central bankers should take a more "strategic" view and not be buffeted by moves in financial markets, although there are headwinds for the global economy, Andrew Sentance just told Bloomberg TV in an interview. He was answering a question regarding the back-pedaling by central bankers seen over the last few weeks.