The government is expected to unveil plans to allow workers to contribute to Dutch-style collective pensions, which it says could boost income for members.

China's factory activity grew in May at its fastest pace this year, according to government figures, a positive sign amid the wider economic slowdown.

Spain will unveil a new stimulus package worth 6.3bn euros next week, Prime Minister Mariano Rajoy announces, to boost the economy's competitiveness and create jobs.

Air New Zealand has ordered 14 aircraft from European planemaker Airbus with a list price of $1.5bn.