News Corp announces it will officially split its publishing and entertainment businesses on 28 June, two years after the UK phone-hacking scandal involving the News of the World.

Co-operative Bank has stopped offering new business loans amid concerns over its capital position and talks with UK regulators.

Shares in Japan have closed 0.89% higher, one day after Thursday's global sell-off in shares.

It has been a turbulent week on the world's stock markets, with investor confidence shaken amid fears that central banks may ease their stimulus plans.

RBS has apologised for the second time in two months after customers were unable to login to their accounts through their mobile phone app.