The pace of UK hiring slowed down in May according to a report, as companies assessed the outcome of the general election.

Nestle withdraws its bestselling instant noodle brand Maggi from Indian shops, citing "unfounded" concerns about the product's safety.

Shares on mainland China reached a new seven-year high on Friday, with the Shanghai Composite reaching above 5,000 points for the first time since 2008.

State-backed Lloyds Banking Group is fined a record £117m for mis-handling payment protection insurance (PPI) complaints by the City watchdog.

The High Court is expected to rule later on whether the government took too long to process benefit claims by two disabled people.

Mobile phone operator Vodafone was the biggest gainer on the FTSE 100 in early trading, but the index is down overall.

A delay in paying welfare benefits to two disabled people was "unlawful" but did not breach their human rights, the High Court rules.

Greece's prime minister will brief the parliament later amid growing opposition from within his Syriza party to creditors' proposals for a deal.