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German business morale rose far more than expected in May, suggesting Europe's largest economy is picking up steam.
U.K. banks are still lending too little to the real economy, according to Andrew Haldane, the BoE's executive director for financial stability.
Mario Draghi, head of the European Central Bank (ECB) insisted that the euro zone was more stable than a year ago.
Big companies' tax affairs in Europe are to be opened up to greater public scrutiny, the FT reports.
China and Brazil face opposite problems and should take tips from each other, according to Capital Economics.
News that the Swedish capital of Stockholm has been hit by three nights of rioting has come as a surprise.
Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move to lighten their tax burden.
Harry Tchilinguirian, head of commodities market strategy at BNP Paribas, tells CNBC that continued QE by the US Fed, a pickup in the Chinese economy and a continued squeeze on Iranian production will drive oil up.
Louisa Bojesen takes you through the European market close, where stocks have come in lower.
Carlos Caicedo, head of Latin America at Exclusive Analysis, tells CNBC that Brazil has already had one trillion of investment in preparation for the World Cup and Olympics.