Shares fall in the US and Europe, led by banks, as worries about the Spanish economy's borrowing needs re-emerge in financial markets.

Europe's Internal Markets Commissioner, Michel Barnier, says "tougher action" is needed to stop excessive bank bonuses.

A Tyne and Wear company which builds foundations for wind farms says it is to create up to 1,000 new jobs.

US consumer prices edged higher in March due mainly to increases in the cost of fuel, figures show.

India takes the US to the World Trade Organization over import duties levied by Washington on Indian steel products.

Shares of Infosys, India's second-largest software company, fall after it issues a weak outlook for the current financial year.

The Royal Mail is limiting the number of stamps retailers can buy to make sure it benefits fully from the price rise due at the end of the month.

Local authority pension schemes are still a "ticking time bomb", the Taxpayers' Alliance warns, despite their financial health improving over the past year.