VW denies report of more job cuts VW denies a report that the firm may cut 10,000 extra jobs but admits the situation at the carmaker is "serious".
EADS boss admits crisis at firm The joint boss of aerospace group EADS, Tom Enders, acknowledges the current difficulties at the firm constitute a crisis.
Union warns job agencies on Asda The GMB union warns job agencies not to provide Asda with temporary staff during a possible strike by its members.
Gates to end daily Microsoft role Bill Gates says he will end his day-to-day role as head of software giant Microsoft by 2008, to focus on his charity.
World stock markets close mixed Stock markets close the week mixed, as signs of a recovery are put into question by interest rate fears.
Easyjet founder Stelios knighted Stelios Haji-Ioannou is knighted in the Queen's birthday list for services to entrepreneurship.
French PM keen to privatise GDF France's Prime Minister Dominique de Villepin is keen to privatize Gaz de France, even as he faces internal party opposition.
US deficit eases as oil steadies The US current account deficit narrows to $208.7bn in the first quarter, helped by steadier oil prices.
Russia sees WTO entry next month Russian President Vladimir Putin voices optimism that its WTO membership will be finalised by the middle of July.
