Some 86% of all new complaints made to the UK's financial ombudsman in the first half of the year were about PPI mis-selling - a record high.

Small business owners polled in the UK work fewer hours than their counterparts in the US, Germany, France, Netherlands or Spain, according to a survey.

Malaysia cuts fuel subsidies for the first time in more than two years as it tries to cut its budget deficit.

The FTSE rises by more than 1% after the release of upbeat economic data and as Vodafone nears a deal to sell its stake in Verizon Wireless.

Thai authorities will seek to arrest a grandson of Red Bull's co-creator, accused of killing a policeman, after he fails to appear in court.

Microsoft agrees to buy Nokia's mobile-phone business and gains access to its patents and mapping services for 5.4bn euro ($7.2bn; £4.6bn).

Spain's unemployment total remained at 4.7 million in August, government figures show, with the jobless figure dropping by just 31 people last month.

The OECD sharply increases its growth forecast for the UK economy, while a separate survey indicates rapid growth in the construction sector.