US soft drinks giant PepsiCo withdraws a Mountain Dew ad over criticism that it depicts racial stereotypes and makes light of violence against women.

A US jury awards $240m (£203m) to 32 mentally disabled men who suffered decades of abuse while working for a turkey processing company in Iowa.

Bermuda and other British overseas territories with financial centres have signed agreements on sharing tax information, the Treasury announces.

The High Court is being asked to decide whether HM Revenue and Customs acted illegally by letting Goldman Sachs off part of its tax bill.

More than a million people with interest-only mortgages face a financial crunch when they have to pay them off, the regulator warns.

The European Central Bank (ECB) is widely expected to cut interest rates later, as it seeks to boost growth amid ongoing fears for the eurozone economy.

Oil giant Royal Dutch Shell reports a rise in first quarter profits and says chief executive Peter Voser will retire next year.

BSkyB says it will create 550 new jobs as it reports a rise in profits for the nine months to March.