1630: Close The FTSE ended up 0.99% amid signs of tensions easing in the Ukraine and after US data showed inflation rose in line with expectations and existing home sales increase more than forecast. Separatists handed over black boxes and the bodies of the 298 victims of the Malaysian Airlines plane crash to investigators. The aircraft was downed in Ukraine last Thursday. Russia has been accused of supplying rebels missiles that shot down the plane, a claim which has been denied. Meanwhile, ARM Holdings was leading the risers on the FTSE 100 after saying it predicts an increase in royalty revenue in the second half of 2014.
1611: Senior executives at Royal Bank of Scotland (RBS) have been accused by MP Andrew Tyrie of being "wilfully obtuse" when giving evidence to the Treasury on allegations about the way the bank treats its small businesses. The bank's Global Restructuring Group has been accused of putting viable businesses into default to boost profits.
1508: US existing home sales rose 2.6% in June following a 4.9% increase a month earlier. Economists predicted a 2% gain.
1400: US inflation rose in line with expectations in June. Consumer prices increased 2.1% year-on-year, unchanged from the previous month. On the month prices climbed 0.3%, as expected, easing back from the earlier month's 0.4% gain.
1350: UK factory orders slowed more than forecast in July, the Confederation of British Industry (CBI) revealed on Tuesday. The CBI survey's monthly total order book balance eased back to +2 from +11 in June, missing expectations for a balance of +8.
1210: ARM Holdings is topping the FTSE 100 after the chip maker it predicts an increase in royalty revenue in the second half of 2014. The London index was up 51.44 points at 6779.88.
1058: UK public finances showed a bigger than expected deficit in June. Public sector finances, excluding financial sector interventions, showed a deficit of £11.368bn in June 2014, according the Office for National Statistics. It rose from the £7.594bn in June 2013 and was above forecasts for a deficit of £10.65bn.
0918: After rising strongly early on, the FTSE has inched slightly lower, led by Tesco which has retreated following yesterday's gains, which came on the back of the appointment of a new CEO. The upside was led by ARM, while resource stocks were hot on its heels, in particular Anglo American which yesterday unveiled plans to sell several of its mines. It today revealed that Kumba, its iron ore division, had suffered a drop in first half profits. The FTSE 100 is up 38.99 at 6,767.43.
0826: A strong session in Asia overnight has helped lift the FTSE to higher ground this morning. Tensions in Russia and the Ukraine have been marginally eased after pro-Moscow rebels released the bodies of the victims of the Malaysia Airlines plane. However, the focus will now turn to today's meeting between European foreign ministers, which will see them discuss whether to take steps to enable government heads to pass further sanction on Russia. In UK company news, Royal Mail is a big faller after revealing its full year revenues are likely to be lower than expected following tougher competition in the corporate market, while ARM has been lifted by a confident outlook in which it reported a "healthy pipeline of opportunities". The FTSE 100 is up 39.67 at 6,768.11.