TOWERING HOTEL: The second tower of the JW Marriott Marquis Hotel in Dubai, regarded as the world’s tallest hotel, has opened. (Supplied)
In other news
Britain's economy will grow faster than any other G7 nation, but the Bank of England will not raise interest rates until next year, a Reuters poll shows.
Europe's reluctance to buy hormone meat or genetically modified food from the United States has exposed an "enormous gulf".
Europe's main stock markets and Wall Street fell, with mining shares hit hard by renewed worries over China's economic outlook, analysts said.
Airline body IATA has cut its 2014 earnings forecast for the sector after oil prices soared over the Ukraine crisis.
India's SpiceJet placed an order worth $4.4bn for Boeing jets, sending the airline's shares soaring.
Insurer Prudential has seen off worries about its exposure to volatile emerging markets, posting annual profit at the top end of forecasts.
The Opec oil cartel raised its world oil demand forecast for 2014 on the back of an increase in US consumption and a "gradual" global economic upswing.
Asian markets have fallen, taking their lead from another sell-off on Wall Street, while Tokyo took a hit as the yen climbed against the dollar.