Chill economic winds from China have left the FTSE 100 nursing its worst monthly losses since May 2012 after a week that saw global stock markets shaken by concerns over the world's second largest economy.
BEIJING China on Saturday defended the recent revamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a "normal adjustment".
Although most Federal Reserve presidents around the country are confident that interest rates will increase across the country, Minneapolis president Narayana Kocherlakota says that raising interest rates could hurt the economy.
A rocket mission to put a new spacecraft in orbit for London-based Inmarsat has been declared a success. The Russian Proton vehicle ejected the satellite high above Papua New Guinea in the early hours of Saturday (GMT).
British gross domestic product (GDP) grew by 0.3 percent between the first quarter and the second quarter of 2015, unrevised from the previous as well as the first estimate that was published a month ago, the Office for National Statistics (ONS) said.