Al Jazeera America will shut down its cable news channel despite spending heavily to break into the US market.

Wholesale gas and electricity prices in the UK hit a five-year low at the end of 2015, according to latest research by energy markets analysts.

Shares of GoPro fall as much as 28% in after-hours trading after the wearable camera maker announces revenue forecasts below expectations.

Asian shares tumble lower after a heavy sell-off on Wall Street made investors nervous about financial markets.

Tesco shares jump more than 7% after the UK's largest supermarket says Christmas trading was "strong".

Home Retail Group - a bid target for Sainsbury's - says annual profits will be at the bottom end of expectations after a fall in sales at Argos.

The UK's FTSE 100 share index drops nearly 2%, but shares in Tesco jump after it reports a rise in sales over Christmas.

European shares continue the rout on global markets as pessimism over falling oil prices and economic growth weigh on investors.