Brazilian newspapers decide to pull out of Google News, saying the search engine refuses to pay for content and takes traffic away from their websites.

Elections are taking place in the Spanish Basque Country and Galicia, where PM Mariano Rajoy's handling the economic crisis will be tested.

Hong Kong moves to weaken its currency for the first time in three years as demand from investors fleeing Western markets has caused a sharp increase in its value.

US auction site eBay paid only £1.2m in tax back in 2010 in the UK, where it generated sales of about £800m, according to an investigation by the Sunday Times.

Exit polls suggest nationalist parties in Spain's Basque Country have won regional elections, a poll seen as a key test of the government's austerity policy.