European markets rise following Wall Street, but then slip on weaker inflation figures which come out just a week after The European Central Bank began quantitative easing. Mixed messages come from the European economies, however, as unemployment falls and consumers in many countries splashed the euros over Christmas. Qatar Airways takes surprise 10% stake in British Airways and Iberia owner International Consolidated Airlines Group. British Telecom pledges billions to its pension scheme, after revealing the scheme has a $10.6 billion funding gap. Jonathan Braude reports from London.
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