EBay said sales for 2014 won't meet its prior estimates, saying the last three months of the year will be worse than thought.

In his first interview the boss of Chinese telecoms firm Huawei, which is banned from bidding for US government contracts, says the group will grow even without the US.

US shares of Netflix, the world's largest video streaming service, plunged on Wednesday after it reported fewer subscribers than forecast.

Asian shares opened lower on Thursday after Wall Street tumbled on US economic data, fuelling growth concerns.

US drug firm AbbVie recommends that its shareholders vote against a £32bn takeover of UK rival Shire following new tax rules announced by the US Treasury.

Satellite TV broadcaster BSkyB has said quarterly profits more than doubled on broad demand for its pay TV and broadband services across Europe.

WH Smith, the high street stationery, bookstore and travel chain, reports a rise in full-year profits after a "strong performance".

Hopes for a rebound on the FTSE 100 after Wednesday's shares rout have faded, after an initial rally petered out.