Shares in Easyjet sink more than 13% after the budget airline warns higher fuel costs could double half-year losses.

Primark saw strong sales growth in the final four months of 2010 despite the bad weather in December, says owner AB Foods.

Web retail giant Amazon is set to buy up Britain's leading DVD and online movie rental service.

Aer Lingus is to cancel 34 of Thursday's flights between Dublin and the UK and other parts of Europe because of a cabin crew dispute.

Mobile joint venture Sony Ericsson suffers a poor last quarter of 2010, as it cuts prices to sell off outdated handsets.

Factory orders fell in January, but manufacturers still plan to raise prices sharply in the next three months, says the CBI business group.

Brazil's central bank raises its key interest rate to 11.25% in a bid to cool inflation in one of the world's fastest growing economies.

China's gross domestic product (GDP) grew a faster-than-expected 10.3% in 2010, official statistics show.