News by: Himanshu Singh
And the Bank of England Governor Mark Carney has pledged to get inflation back to its target rate of 2% within two years.
And Jimmy Choo has defied fears of a slowdown in China and reported a 12% jump in sales - boosted by demand from Asia.
Financial firms led gains boosted by the central bank’s QE announcement, as the S&P 500 financials ticked up 2.6%.
The euro tumbled against currencies around the world after the central bank launched a €1.1 trillion money-printing programme to kick-start the moribund economy.
Energy shares were the day's best performers amid a 2.8% gain in the price of US crude futures.
And eBay is planning to axe about 2,400 positions and sell or list its substantial enterprise division.
And the IMF downgrades global growth as fears about Europe and Russia overshadow oil windfall.
Investors shrugged off continued drop in oil prices to focus on a meeting of the ECB later this week.
China’s Shanghai Composite Index rose 0.79% after tumbling 7.7% yesterday, the most since June 2008.
And the UK’s Serious Fraud Office has closed its investigation into Hewlett-Packard’s disastrous $11.1 billion purchase of Autonomy.
However, Chinese shares retreat amid disappointing economic data from Beijing.
And banks and Congress blast US President Obama's plan to tax Wall Street and wealthy.
And Infrastructure investment group John Laing is expected to return to the public markets in a flotation that could see it valued at up to £1 billion.
And Goldman Sachs reported lower profits for the fourth quarter, as fixed income trading revenues tumbled.
And Tullow Oil is to book its biggest ever write-off of $2.7 billion before tax after conceding that previous discoveries had no prospect of being profitably developed at current oil prices.
Wall Street suffered its fifth-straight session of declines after corporate earnings disappointed.
A late-afternoon rally, triggered by a rebound in beaten-down oil prices, left the market well off its lows.
And JP Morgan Chase readies for more fines after paying $1 billion in legal fees.
Shares swung between gains and losses as oil fluctuated near the lowest level in five years, while copper plunged further below $6,000 per tonne.
And oil fall continues as Arab states aim to crush US shale production by pushing the price down.