In Britain, there is a difference of opinion as to whether it feels like a recession for every business. 

Investors are heading for the hills as the turmoil in Europe continues, fanning the fire of concern over the risk of a euro break-up.

Shares on Wall Street are mixed as the European sovereign debt crisis weighs on more optimistic indicators.

Wall Street struggles after Greece calls for new elections, despite American data providing good news on the US economy, and the euro hitting a four-month low against the greenback.

The kiwi falls to a five-month low as Greek politicians struggled to form a new government, sapping investors’ risk appetite.

The stalemate in Greece continues, keeping alive concern the debt-laden country might fracture the euro zone by abandoning the common currency.