TOKYO Asian shares slipped on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets.
Emerging-market equities headed for the worst weekly drop in a month and currencies retreated as anxiety over the worsening outlook for global growth sapped demand for riskier assets.
At that circus of bruises, the Public Accounts Committee, two Google smarmers tried to explain their company's amazingly low tax bill.
Scottish Gas owner British Gas and EDF Energy are the latest of the Big Six providers to cut gas prices in the wake of falling wholesale costs, snipping �32 off the average bill.
Evgeny Lebedev is expected to retain ownership of the Evening Standard and London Live. Photograph: WPA Pool/Getty Images. Mark Sweney and Luke Harding.