After a harsh winter brought US growth almost to a halt in the first three months of 2015, analysts will be watching April's non-farm payrolls report on whether the world's largest economy is faring any better in the second quarter.
FRANKFURT (Reuters) - Volkswagen's (VOWG_p.DE) works council has backed the carmaker's choice of two new supervisory board members, appointments reportedly opposed by newly departed Chairman Ferdinand Piech.
THE FTSE 100 drinks giant Diageo is poised for a shake-up with the sale of parts of its wine division, maker of popular brands such as Piat d'Or and Blossom Hill.
Shares in Lloyds Banking Group leapt after it surprised the market by saying that it would beat expectations for profit margins. It also said that, for only the third time in four years, it had not had to top up its reserves for paying PPI compensation.
MIKE WELLS is to succeed Tidjane Thiam as group chief executive of the insurer Prudential. Wells, 55, is president and chief executive of Jackson National Life Insurance, Prudential's wholly owned American subsidiary.