Internet auction giant eBay reported better-than-expected profits thanks to continued growth at its PayPal division.

Eurozone leaders will meet on Thursday for a summit to try to resolve the Greek debt crisis and stop contagion to other economies.

Japan posts a trade surplus for the first time in three months, as exports recover from the March earthquake and tsunami.

Germany's Chancellor Merkel and France's President Sarkozy hammer out a common position on the euro debt crisis ahead of a crunch summit.

Hynix Semiconductor reports a second quarter slump in profits due to weaker demand and falling prices for memory chips.

Sales fall at Kingfisher's DIY store chain B&Q and trade tools seller Screwfix due to "challenging" trading conditions.

Scottish & Southern Energy becomes the latest gas and electricity supplier to announce a rise in prices.

Chipmaker Intel reports record quarterly revenues and higher profits due in part to strong demand for mobile phones and tablets.