Americans are once again spending more on credit, increasing their borrowing by $19.6 billion in May, according to the Federal Reserve.

China's Ping An Insurance Group agrees to buy the Lloyd's building in London for £260m ($388m).

The chief executive of US bookstore chain Barnes & Noble, William Lynch, resigns as sales of its Nook e-books and devices continue to fall.

The Post Office says there have been software defects in a computer system at the centre of a bitter dispute with sub-postmasters who say they have been wrongly accused over alleged shortfalls.

Surveyors are expecting house prices to keep rising after the UK housing market started to record some momentum following a sluggish few years.

Companies and charities should be allowed to help those looking for work on a payment-by-results, urges a think-tank close to the government.

Shares of Japanese camera and medical equipment maker Olympus fall after it unveils plans to raise 118bn yen ($1.2bn; £780m) in fresh capital.

More than one in two people think corruption has worsened over the last two years, says a public opinion survey by Transparency International.