Virgin Australia saw its losses narrow to A$47.8m in the six months to December because of lower oil prices and a cost-cutting programme.

Japanese stocks head for the highest closing value in 15 years after the Federal Reserve indicated interest rates will be kept on hold for longer.

A children's charity is urging an independent all-party review of the UK's childcare system as costs continue to rise, with a 5% increase in a year.

Centrica, the owner of British Gas, reports a big fall in profits after being hit by the drop in oil prices and by warmer weather.

Air France-KLM says it plans to speed up cost cutting and reduce investment as it reports a drop in earnings following last year's pilots' strike.

Competition levels in investment and corporate banking services are to be investigated by the UK's financial regulator, the Financial Conduct Authority.

Greece has formally asked the eurozone for a loan extension after weeks of wrangling over its international bailout.

Shares in Centrica fall sharply after the energy firm reports a sharp fall in profits and slashes its dividend.