Goldman downgraded equities to "neutral" over the next three months, citing the risk of a temporary sell-off in stocks following a sell-off in bonds.
European shares ended the day lower, as concerns about the impact of further sanctions against Russia weighed amid ongoing unrest in Ukraine.
Rupert Murdoch-backed BSkyB will create a European pay-TV powerhouse by buying 21st Century Fox's stakes in Sky Italia and Sky Deutschland.
The aviation industry and passengers alike have been spooked by the third air disaster in a week. Are you now more cautious about air travel?
Japan's inflation came in as expected in June, data showed on Friday, boosted by the consumption tax hike that took effect in April.