European equities closed lower on Friday with investors reacting to earnings and euro zone inflation and unemployment reports.
Greece's borrowing costs have spiked as the new left-wing government rips up the rule book on austerity and plows on with its radical policies.
Global drinks brand Diageo posted disappointing sales for the first half on Thursday, after a slump in the Asia Pacific region.
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CNBC looks at how the computer systems in F1 cars have made their way into regular vehicles.
FIA President Jean Todt discusses his start with the Ferarri team and the current problems facing F1.
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