Government figures show 25% fewer households than expected will be hit by a benefit cap, ahead of its launch in four areas of London on Monday.

JP Morgan's first quarter profits rise by a third to a record $6.5bn and the bank says there are signs the US economy is "healthy and getting stronger".

Cold weather payments hit a record level for March, with 642,900 households receiving £16.1m in help towards energy bills, the government says.

Eurozone finance ministers meet in Dublin to finalise a bailout for Cyprus amid news that the country needs more money than first thought.

Web and phone games aimed at children that charge for extras are being investigated by the Office of Fair Trading.

Australia's second biggest oil company, Woodside Petroleum, puts a $40bn proposed liquefied natural gas project on hold.

Shares of Infosys, India's second-largest software firm, drop nearly 20% after its revenue growth forecast falls short of market expectations.

The UK's construction industry remains weak despite signs of a recovery, official figures suggest.