The US is still "on track" for an interest rate rise this year, Federal Reserve chief Janet Yellen says.

Volkswagen's board meets on Friday to choose a new chief executive and more senior managers are expected to be dismissed.

Half of business people are awaiting the outcome of the UK's EU reform talks before taking their final position on EU membership, a survey suggests.

House building activity is on course to surpass the levels seen last year, according to official industry figures.

Japanese shares open higher on Friday, recovering losses after the previous session's sell-off when the market lost nearly 3%.

Core consumer prices in the world's third largest economy, Japan, fell on an annual basis for the first time in over two years in August.

Profits at the world's biggest sportswear maker, Nike, beat expectations, helped by a rapidly rising sales in China.

Energy company Drax has pulled out of a £1bn carbon capture project because of the government's decision to reduce subsidies for renewable energy.