Shares in Asia are largely expected to sit in positive territory on Monday after Beijing cut its one-year benchmark interest rate by 0.25% to 4.35%.

Philips announces that its $3.3bn (£2.2bn) sale of Lumileds could be blocked by US authorities.

The FTSE 100 loses ground, with advertising giant WPP and telecoms firm TalkTalk among the biggest fallers in the market.

The UK's largest High Street bingo operator, Gala, is being taken over by investment trust business Caledonia for £241m.

Family and friends should help older people to switch energy supplier to save money on their gas and electricity bills, campaigners say.

Toyota returns to the top slot in global vehicle sales after releasing figures for the first nine months of the year.

Mortgage activity has picked up over the year but a lack of homes for sale is likely to push up house prices, reports suggest.

Opponents of tax credit cuts are urged not to delay or scupper them in the House of Lords as ministers promise to listen "very carefully" to their concerns.