1630: Close The FTSE finished up 52.17 points to 6741.25 as the Ukraine and Russia made headway in talks to solve the crisis and Kurdish forces regained control of the Mosul dam in Iraq captured by Islamic State (IS) militants. Among the top risers was ARM Holdings after Goldman Sachs put the chipmaker on its 'conviction buy' list.
1523: US stocks have opened higher as sentiment improves on the back of the cooling of tensions in Ukraine and Iraq. In the UK, the Governor of the Bank of England has again been accused of trying to put off an interest rate rise until after the next general election. John Mann, a member of the Treasury Select Committee, said the Canadian was "clearly" delaying a rise: "It is abundantly clear that Mark Carney is attempting to delay interest rate increases until after the election when they rise immediately." The FTSE 100 is still 50 points higher at 6,739.
John Mann, a member of the Treasury Select Committee, said the Canadian was "clearly" delaying a rise: "It is abundantly clear that Mark Carney is attempting to delay interest rate increases until after the election when they rise immediately." The FTSE 100 has continued to rise, up 50 points at 6,739.
1354: S&P 500, Dow and Nasdaq futures are up around 0.5%. Hope of a bid war surrounding Family Dollar have pushed the stock higher in pre-market trade after Dollar General offer $78.50 a share for its rival, The $8.95bn bid trumped the $74.50-a-share approach made by Dollar Tree three weeks ago.
1239: Bundesbank has said Eurozone economy is performing more poorly than previously estimated. In its latest monthly report, Germany's central bank forecast the Eurozone will grow in the rest of 2014 but at a slower rate.
1140: Julian Assange, the founder of the infamous wikileaks, has announced his intention to leave the Ecuadorean embassy in London after taking refuge there for the past two years.
0952: Tesco is the worst performer on the Footsie, down 0.9%, after Shore said it sees a "reasonably high probability" that the dividend may be cut by "somewhere between 25-50%".
0934: Wm Morrison is one of the few stocks on the FTSE 100 in negative territory after Shore Capital kept a 'sell' rating. The broker said that the grocer's recent decision to extend its opening hours may help "flagging" LFL sales, but will increase operating costs. "Uncertainty and poor visibility contribute to our cautious stance on Morrison's shares
and our concern about the sustainability of its dividend," Shore said.
0845: The FTSE has jumped above the 6,700 mark as predicted, despite a mixed performance in Asia overnight. Miners are driving the gains, with Anglo American firmly in the lead, while supermarkets are sitting at the bottom of the pile following a further decline in economic confidence, according to a Lloyds report. Bovis Homes was a notable riser after it hiked its interim dividend by 200%, while sector peer Barratt Developments was hit by the news of a particularly high drop in August's asking prices. The FTSE 100 is up 45 points.