The US telecoms giant AT&T announces that it will buy entertainment group Time Warner for nearly $86bn (£70bn), but the deal still needs regulators' approval.

Company directors could be fined up to £500,000 if their business is behind nuisance phone calls, under government moves to clamp down on the problem.

The EU Parliament president says he is optimistic that a trade deal between the EU and Canada can be signed despite last-minute obstacles.

Large banks are set to relocate out of the UK early next year over fears around Brexit, says the boss of the British Bankers' Association.