The credit ratings agency Moody's downgrades French debt and maintains the negative outlook, meaning its rating could be cut again.

Olam International, a Singapore-based commodities trader, hits back at short seller Carson Block after he raised questions about its debt levels.

Ministers will detail later how they intend to force energy firms to offer customers the lowest suitable tariff, which will include a cut in the number available.

Premier Foods, the maker of Hovis, is cutting 900 jobs at its bread division and is closing two bakeries in west London and Birmingham next year.

US President Barack Obama attends a regional summit in Cambodia, with trade pacts and rumbling tensions over the South China Sea set to dominate.

Eurozone finance ministers meet to decide whether to release the next 33bn euros (£27bn) of bailout cash needed by Greece to stay afloat.

Easyjet has reported a record annual profit after cutting costs and increasing profits per passenger leaving its shares sharply higher.

The payday loan industry has been warned to improve the way it lends money and collects debts, or face fines or closures.