News by: Himanshu Singh
And Mario Draghi sends warning shot that Greek threats to unleash mayhem will not give way to leniency from creditors.
And Tesco is expected to cap its worst trading year in decades with a write-off of up to £4 billion.
Lingering worries about upcoming corporate earnings reports offset a mixed batch of economic reports and a trio of soaring Wall Street debuts.
And Greece pushed a step closer to Grexit after IMF refused to allow any delay in bailout repayments.
And Supermarket chain Sainsbury's to covert food space into non-food space as it fights against falling sales.
Shares were also boosted amid speculation that upcoming first-quarter earnings reports might not be quite as weak as previously thought.
And Europe will accuse Google of illegally abusing its dominance over breaching antitrust rules by diverting traffic from rivals to favour its own services.
Energy stocks followed crude higher after a forecast that US shale oil output in May would record its first monthly decline in more than four years.
And Nokia nears bid for Alcatel-Lucent’s wireless business highlighting its return to growth and appetite to expand.
General Electric’s shares fell 3.1% after rallying on Friday, when the company said it may return more than $90 billion to investors through 2018.
And banks could be forced to pay out billions in compensation for mis-selling payment protection insurance.
SoftBank Corp. jumped 2.1% after a report that SnapDeal.com, in which the Japanese phone company owns a stake, is planning a US listing.
And banks are set to pay out billions more in compensation for missold payment protection insurance policies, as claims continue to flood in.
And David Cameron will pledge on Saturday to spend at least £8 billion per year extra on the health service by 2020.
The energy sector surged 1.5% on the back of a 1.8% rise in Brent crude LCOc1, which rebounded from a drop of 6% on Wednesday.
And France widens HSBC Swiss bank inquiry to global holding company.
And IMF has warned that fund managers pose threat to global financial stability.
Equities moved between negative territory and session highs as traders looked for clues as to when the first rate rise could occur.
And FedEx agrees to buy TNT Express for €4.4 billion in its bid to expand foothold in Europe.
Traders avoided big bets ahead of quarterly results, which are widely expected to decline due to a stronger dollar.