State-backed bank Royal Bank of Scotland (RBS) has said an error meant it only just passed a European stress test of its balance sheet.
The pay-TV giant Sky has been hit by a revolt over pay as 55 per cent of independent shareholders failed to back the remuneration report.
In a surprise move, China cuts interest rates for the first time in more than two years. WSJ's Emma Moody has the details on the News Hub with Simon Constable.
George Osborne is set to fall short of his deficit-reduction target after official figures yesterday showed public borrowing continuing to run higher than last year.
American airline Delta is to replace its old Boeing planes with 50 Airbus wide-body jets powered by Rolls Royce engines. The order, worth $14bn (�8.9bn), confirmed by Delta on Thursday, is a victory for the European plane maker.