Shares in the struggling internet search giant Yahoo surge 9%, despite first-quarter profits falling 20%.

Hundreds of thousands more people are turning to food banks to stop themselves from going hungry, says charity the Trussell Trust.

The US tells China its currency must be allowed to rise if its own and the rest of the world's economy are to see stable growth.

China's economy expanded by 7.4% in the first quarter of the year, better than expected but down from 7.7% at the end of 2013.

UK supermarket giant Tesco announces a 6% fall in annual group trading profit to £3.3bn, the second year that profits have fallen.

Swiss bank Credit Suisse has found nothing "materially untoward" in how it trades foreign currencies, finance officer David Mathers has said.

After nearly six years of falling living standards, weekly earnings have finally edged above inflation, according to the Office for National Statistics.

The number of people out of work in the UK has fallen by 77,000 to a five year low of 2.24 million in the three months to February, official figures indicate.