Thursday 10.30 BST. Global stocks are in sharp retreat, led by a savage plunge in Tokyo, as traders are spooked by the prospect of reduced central bank support and a slowing Chinese economy.
China's manufacturing is contracting in May for the first time in seven months, adding to signs that economic growth is losing steam for a second quarter.
Flybe has announced the sale of all its take-off and landing slots at London Gatwick airport to Easyjet for �20m. The sale is part of a cost-cutting programme for the airline.
Ford is to cease production in Australia by 2016 and cut about 1,200 jobs - almost half its local workforce - after concluding the business case for producing vehicles locally �did not stack up�.
Thu May 23, 2013 6:21am EDT. * Sees margin improvement of 20-50 basis points this year. * EPS 238.7 U.S. cents vs 239 Thomson Reuters forecast.